Wednesday, April 25, 2007
  • Mercedes To Offer Sirius In More Vehicles

    Mercedes-Benz USA plans to expand the number of vehicles that get Sirius radios to over 80% for 2007, with plans to continue building to 90% for 2008 and over 90% by 2009. The growth in the installation rate far exceeds earlier estimates of 50% that were set less than two years ago. The luxury automaker also plans to offer Sirius as standard equipment on two additional models this year the S-Class and CLS. The new models will become available with Sirius at dealerships later this year. Sirius is currently standard in Mercedes-Benz's SL-Class and CL-Class.--Karl Greenberg ...Read the whole story

  • Best Of The Bags: Coach Quarterly Results Soar

    Proving that it is still king of the luxury handbag category, Coach Inc. posted a 50% jump in quarterly earnings, above Wall Street expectations. And net sales rose 30%. to $625 million. In the U.S., same-stores sales jumped by 20%, marking the 20th consecutive quarter of double-digit sales increases. The company says its Legacy line is continuing to be a strong performer, and that "throughout all channels of our business and across all geographies, consumers enthusiastically embraced our transitional and spring assortments, driving our top-line results." Direct-to-consumer sales increased 29%, to $481 million from $374 million last year. --Sarah Mahoney ...Read the whole story

  • Ethan Allen Still Feeling The Pain Of The Housing Slump
  • Pyrex Launches 'Perform Better In Kitchen' Campaign
  • Serena Williams In Promotion For P&G's NyQuil