, chief executive officer of GfK AG, talks with Bloomberg’s Mark Barton about German consumer confidence, which declined for a third month. Nuremberg-based GfK said its sentiment index for January, based on a survey of about 2000 people, fell to 3.3 from a revised 3.6 in December. ... GfK's Wueb...
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Dec. 21 (Bloomberg) — Milton Pedraza, chief executive officer of the Luxury Institute, talks with Bloomberg’s Scarlet Fu about the prospects for the luxury-retail market. Pedraza also discusses the implications of discounts on luxury goods. (Source: Bloomberg) ... Milton Pedraza Sees Pent-...
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Federal agents in Atlanta have seized about $4M in counterfeit goods as part of a nationwide crackdown known as "Operation Holiday Hoax." (Dec. 14)
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Dec. 21 (Bloomberg) — Susan Lyne, chief executive officer of Gilt Groupe Inc., talks with Bloomberg’s Margaret Brennan about the outlook for the Internet retailer. Lyne said Gilt is in "hyper growth" and 2009 sales are four times greater than last year. Gilt has also expanded services to o...
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French consumer spending dropped slightly in November compared with the previous month as shoppers splashed out on cars but cut back elsewhere. Consumer spending on manufactured goods fell by 0.1 percent And newly released figures show Italian consumer confidence was better than expe...
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Dec. 22 (Bloomberg) — Steve Perry, commercial director of Visa Europe, talks with Bloomberg’s Rishaad Salamat about growth of transactions and consumer spending. ... Visa's Perry Says UK Holiday Spending to Peak Tomorrow Audio Visual Bloomberg Consumer Goods Retail English Multimedia Europ...
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Dec. 21 (Bloomberg) — David Eiswert, portfolio manager at T. Rowe Price Group Inc., talks with Bloomberg’s Carol Massar about his investment strategy. Eiswert also discusses the outlook for mergers and acquisitions in the technology industry. (Source: Bloomberg) ... Eiswert Says Japanese T...
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It’s a holiday-shortened week on Wall Street, yet investors will contend with numbers on home sales, consumer spending and jobless claims. In Washington, Democratic leaders want to bring health-care overhaul to a vote. Christopher Noble reports.
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