Retailers Limit Purchases of Designer Handbags
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Seeing a gray market overseas for high-end handbags, retailers limit sales of expensive bags to three per person.
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Beijing this weekend urged Washington, DC, not to limit imports of Chinese cotton slacks. The Ministry of Commerce said such a restriction would violate World Trade Organization principles and hurt trade relations.
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Economic pressures and online deals might have led consumers to sharply limit their trips to retailers in the week leading up to Christmas, data tracker ShopperTrak RCT said on Thursday.
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America&#39;s leading retailers filed a lawsuit yesterday to stop the Bush administration from imposing curbs on imports of popular Chinese-made apparel and textiles.
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Spending on womenâs apparel so far this year is proving disastrously weak, an ominous signal for the holiday shopping season.
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Products like gas, used cars and childrenâs clothing dropped, canceling out inflation in other categories.
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Best Buy customers snatched up $2,000 flat-screen TVs, Neiman Marcus shoppers made a run on $1,000 handbags and Costco members tracked down every last $100 cashmere sweater, but the luxury buying binge did not spare the retail industry a weaker-than-expected holiday shopping season.
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The nation's consumers, uninspired by this season's fashions and rattled by high gas prices and the weakening home market, shopped gingerly last month, extending the misery of retailers who have struggled with a spending slowdown since February.
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U.S. imports of socks from China will be strictly limited next year, the Bush administration announced yesterday -- a decision that could herald similar action against other types of Chinese-made clothing that have the potential to dominate world markets.
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Running out of ideas for presents,  Renee Bettinger started buying gift cards two years ago. This  holiday season, the cards will account for half of the 20 gifts  she expects to buy.
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Business & money: Large queues and pre-dawn scuffles as prospect of cut-price clothes lures bargain-seekers to Oxford Street
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The "cheap chic" retailer's results are hit-or-miss.
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For generations it was the marque of choice of many a gentlemen, but the increasing fondness of hooligans for Burberry clothing has now prompted two pubs to ban entry to anyone wearing the brand.
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Losing the luxury to pretend weâre rich, one handbag at a time.
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The clothing retailer's profits take a hit on weather woes and bigger-than-expected markdowns
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As holiday shopping reaches the home stretch, consumers who are far removed from Madison Avenue and Rodeo Drive say they are holding down their spending.
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New regulations are keeping some fancy foods out of stores