January 2005
Investment Dealers' Digest;1/31/2005, Vol. 71 Issue 4, p44
Trade Publication
The article presents news briefs related to retail trade and details about the financial performance for different enterprises. LVMH sold the haute couture and ready-to-wear operations of Christian Lacroix to duty-free store operator Falic Group for an undisclosed amount. U.S. consumers are likely to be major beneficiaries from the removal of quotas on Chinese textile and clothing products, as importers can now source more goods from low-cost China. Real Mex Restaurants Inc. borrowed U.S. syndicate loans consisting of $200 million with Wells Fargo Bank as bookrunner.


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