*North America comparable sales down 2 percent. Jan 23- Coach Inc on Wednesday reported weak holiday-quarter results and unveiled a new strategy for shoes and clothing, spooking investors with the notion that the days of strong demand for its premium leather handbags may be numbered.
*Qtly profit $1.23/ share vs Street view $1.28. Jan 23- Coach Inc on Wednesday reported holiday quarter revenue well below Wall Street forecasts, hit by stiff competition in the handbag segment it has long dominated and a tough environment that saw many retailers cut prices to attract shoppers.
PARIS/ ZURICH Jan 21- Cartier watches maker Richemont said sales growth had ground to a halt in the Asia-Pacific region, rekindling fears about a market which has been the driving force of luxury sales in recent years.
DUBAI, Jan 15- Investcorp, one of the Middle East's largest private equity houses, has sold CCC Information Services to U. S-headquartered Leonard Green& Partners, the Bahrain- based firm said on Tuesday. Investcorp, which previously took public luxury brands Gucci and Tiffany& Co, had $11.5 billion in assets under management as at June 30.
*Tiffany shares down 3.3 percent; Zale up 8.4 percent. Jan 10- Tiffany& Co posted holiday sales that suggested its torrid growth of recent years was stagnating in the United States, Japan and Europe, with China the only bright spot for the upscale jeweler.
U.S. stock index futures advanced Thursday, despite a weaker-than-expected jobless claims report, boosted by a stronger-than-expected exports data in China that raised hopes for a more robust recovery in the global economy this year.
Jan 10- Tiffany& Co said on Thursday that its net worldwide sales during the holiday season had risen 4 percent, continuing a trend of disappointing gains this fiscal year, and the upscale jeweler said it would plan conservatively for 2013..
Jan 10- Tiffany& Co said on Thursday that its net worldwide sales during the holiday season had risen 4 percent, continuing a trend of modest gains in recent months, and the upscale jeweler said it would plan conservatively for 2013..
Central bankers on both sides of the Atlantic could stir the markets Thursday. The European Central Bank and Bank of England both meet ahead of the U.S. open, but more interesting to them are the comments expected from two Fed hawks - Kansas City Fed President Esther George and St. Louis Fed President James Bullard.