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Gucci's sales growth remains sluggish in Q1

By Astrid Wendlandt PARIS (Reuters) - Gucci's sales growth remained sluggish in the first three months of the year, hit in part by the brand's upmarket repositioning and the clean-up of its wholesale distribution network. The Italian brand, which represents the bulk of valuation for parent Kering <PRTP.PA>, on Thursday posted a 0.3 percent rise in like-for-like sales for the first quarter, broadly in line with analysts' expectations.

Bangladesh factory tragedy boosts 'Made in NYC' campaign

With one hand on a sewing machine and the other on a pair of gray pants, May was a picture of concentration as she carefully stitched the outline for a buttonhole. Her calm, deft movements were a contrast to the upbeat buzz emanating from New York's newly revitalized historic garment sector, which over the years had fallen victim to cheaper overseas labor and production. Now a burgeoning "Made in NYC" movement has been given a boost by the Bangladesh factory disaster one year ago that sent shockwaves around the world and hit home in the Big Apple, industry experts say.

Bangladesh factory tragedy boosts 'Made in NYC' campaign

With one hand on a sewing machine and the other on a pair of gray pants, May was a picture of concentration as she carefully stitched the outline for a buttonhole. Her calm, deft movements were a contrast to the upbeat buzz emanating from New York's newly revitalized historic garment sector, which over the years had fallen victim to cheaper overseas labor and production. Now a burgeoning "Made in NYC" movement has been given a boost by the Bangladesh factory disaster one year ago that sent shockwaves around the world and hit home in the Big Apple, industry experts say.

Iran president under fire over wife's 'lavish' party

DUBAI (Reuters) - Iranian President Hassan Rouhani, already under pressure from conservatives for his tentative opening to the West, was criticized on Tuesday for what his opponents called a "lavish ball" thrown by the first lady. Held in a palace of the deposed Mohammad Reza Shah in wealthy northern Tehran, the all-female dinner was held to mark Women's Day on Saturday which coincides with the birthday of the Prophet Mohammad's daughter Fatima, a paragon of Muslim virtue.

Lululemon shares hit by lack of clear growth outlook

By Solarina Ho TORONTO (Reuters) - Lululemon Athletica Inc <LULU.O> shares slumped as much as 7.4 percent to the lowest in nearly month on Monday as analysts worried about the premium Canadian yogawear retailer's growth prospects following its analyst day presentation last week.

China shoe strike spreads, enters second week

SHANGHAI (Reuters) - One of China's biggest strikes in years stretched into a second week on Monday, and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in neighboring Jiangxi province. Workers at the multi-factory Yue Yuen Industrial Holdings Ltd complex in the Guangdong city of Dongguan clocked in on Monday morning, but not for work, continuing a stoppage over what they say have been years of inadequate social insurance and housing provident fund contributions by the company.

US Capitol superheroes fail to break world record

They may have super-human powers and the nerve to don spandex, but a dozen Supermen and a number of Captain Americas failed to break a world record Friday outside the US Capitol. Exactly 237 people gathered under dull skies attempting to conjure up something miraculous and smash the record for the largest gathering of individuals dressed as comic-book characters. But they didn't even get close to the record-breaking 1,530 that hit Changzhou, China in April 2011 during an animation convention.

Lululemon yoga pants lawsuits in U.S. win final dismissals

By Nate Raymond and Jonathan Stempel NEW YORK (Reuters) - A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants. U.S. District Judge Katherine Forrest in Manhattan had on April 4 issued "draft" decisions dismissing a shareholder lawsuit against Lululemon, and two lawsuits accusing 11 executives and directors of missing red flags about poor quality control.

A fetish for full body suits in Japan

By day, she is a mild-mannered office clerk, whose modest make-up and conservative hairstyle make her blend in to any crowd. By night, she dresses in a skin-tight, all-in-one Spandex body suit that covers everything -- including her eyes -- and sits in bars, alone but liberated, she believes, from the judgement of others. "With my face covered, I cannot eat or drink like other customers," said the woman, who is in her 20s and says her name is Hokkyoku Nigo (North Pole No. 2).

Lululemon CEO looks beyond yoga wear for growth

By Solarina Ho TORONTO (Reuters) - Lululemon Athletica Inc <LULU.O>, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday. Laurent Potdevin, who was recruited to revive the company's fortunes after an embarrassing recall and supply chain issues last year raised questions about growth prospects, made the comments in Vancouver at the retailer's analyst day.
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