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A dix-huit ans j'ai quitté ma province
Bien décidé à empoigner la vie
Le cœur léger et le bagage mince
J'étais certain de conquérir Paris

Chez le tailleur le plus chic j'ai fait faire
Ce complet bleu qui était du dernier cri
Les photos, les chansons et les orchestrations
Ont eus raison de mes économies

Je m'voyais déjà en haut de l'affiche
En dix fois plus gros que n'importe qui mon nom s'étalait
Je m'voyais déjà adulé et riche
Signant mes photos aux admirateurs qui se bousculaient

J'étais le plus grand des grands fantaisistes
Faisant un succès si fort que les gens m'acclamaient debout
Je m'voyais déjà cherchant dans ma liste
Celle qui le soir pourrait par faveur se pendre à mon cou

Mes traits ont vieilli, bien sûr, sous mon maquillage
Mais la voix est là, le geste est précis et j'ai du ressort
Mon cœur s'est aigri un peu en prenant de l'âge
Mais j'ai des idées, j'connais mon métier et j'y crois encore

Rien que sous mes pieds de sentir la scène
De voir devant moi un public assis, j'ai le cœur battant
On m'a pas aidé, je n'ai pas eu d'veine
Mais au fond de moi, je suis sur au moins que j'ai du talent

Mon complet bleu, y a trente ans que j'le porte
Et mes chansons ne font rire que moi
J'cours le cachet, je fais du porte à porte
Pour subsister je fais n'importe quoi

Je n'ai connu que des succès faciles
Des trains de nuit et des filles à soldats
Les minables cachets, les valises à porter
Les p'tits meublés et les maigres repas

Je m'voyais déjà en photographie
Au bras d'une star l'hiver dans la neige, l'été au soleil
Je m'voyais déjà racontant ma vie
L'air désabusé à des débutants friands de conseils

J'ouvrais calmement les soirs de première
Mille télégrammes de ce Tout-Paris qui nous fait si peur
Et mourant de trac devant ce parterre
Entré sur la scène sous les ovations et les projecteurs

J'ai tout essayé pourtant pour sortir du nombre
J'ai chanté l'amour, j'ai fait du comique et d'la fantaisie
Si tout a raté pour moi, si je suis dans l'ombre
Ce n'est pas ma faut' mais cell' du public qui n'a rien compris

On ne m'a jamais accordé ma chance
D'autres ont réussi avec peu de voix et beaucoup d'argent
Moi j'étais trop pur ou trop en avance
Mais un jour viendra je leur montrerai que j'ai du talent
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#830 par harrisonida 29/08/2013 à 02:26:59
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Fossil Group Reports Record Second Quarter 2013 Results Press Release
: Fossil, Inc. – Tue, Aug 6, 2013 7:00 AM EDT
RELATED QUOTES Symbol Price Change FOSL 113.98
Net Sales Increase 11% to a Record $706 Million

EPS Increases 25% to a Record $1.15

Provides Third Quarter Guidance and Increases Full Year Guidance
RICHARDSON, Texas, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Fossil Group, Inc.
( FOSL ) (the "Company") today reported its financial results for the
second quarter and six month period ended June 29, 2013.
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Second Quarter Operating Highlights
Net sales grew in all segments, compared to the prior year second
quarter:
North America wholesale net sales increased 4%
Europe wholesale net sales increased 16%
Asia Pacific wholesale net sales increased 14%
Direct to consumer net sales increased 16% with flat global retail
comps
Operating income increased 21%
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The Company reported record net earnings of $67.7 million for the
second quarter of 2013, compared to $57.3 million for the second
quarter of 2012. Diluted earnings per share grew 25% to a record
$1.15, compared to $0.92 for the prior year's second quarter. The
Company's second quarter results benefitted from a shift of about $7
million (or $0.08 per share) of marketing and systems related
expenditures into the third quarter. Additionally, compared to prior
expectations, second quarter results were negatively impacted by $0.03
per share as the Company now expects a higher full year effective
income tax rate, given an earnings mix shift among its operating
entities.
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Kosta Kartsotis, Chief Executive Officer stated: "We are pleased to
continue our positive momentum and report record second quarter
results that surpassed both our revenue and earnings expectations.
During the quarter we advanced each of our core growth initiatives
with strength in our FOSSIL(R) and SKAGEN(R) brands and double-digit
sales increases in our multi-brand watch portfolio and in jewelry. We
continued to leverage the power of our brands and our distribution
infrastructure to expand our international footprint, fueling robust
revenue increases in both Europe and Asia. Our team made substantial
progress on many key operational initiatives that drove significant
gross margin expansion in the quarter. Our consistent positive
performance continues to reflect the innovation in our watch and
jewelry lines, the disciplined execution of our strategies by our team
and our ability to capitalize on the inherent strength of our dynamic
global operating model."
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"At the halfway mark of the year, we remain confident in our outlook
and excited about our future. We manage a diverse portfolio of
world-class brands that gives us a unique position in the global
marketplace. Our category leadership and design innovation allows us
to bring compelling products to market that resonate with consumers
around the world. In addition, our solid capital structure and
diversified business model provides us with an incredible platform to
continue to generate strong cash flows to support our future growth
and continue to deliver outstanding returns for our shareholders."
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Operating Results
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The translation impact of a stronger U.S. dollar decreased the
Company's reported net sales by approximately $2.3 million and $3.7
million during the second quarter and first six months of 2013,
respectively. The following discussion of the Company's net sales is
based on constant dollar performance.
Second quarter 2013 worldwide net sales rose 11.4% or $72.4 million,
reflecting sales growth across each segment compared to the prior
year's second quarter. This sales increase was driven by double-digit
growth in our multi-brand global watch portfolio, as well as the
global expansion of the FOSSIL brand. Sales of the Company's jewelry
products increased, while sales of leathers and eyewear declined. For
the first six months of 2013, worldwide net sales increased by 13.5%,
or $165.1 million, with sales growing in each of the Company's
wholesale and direct to consumer businesses.
During the second quarter of 2013, net sales from the North America
wholesale segment increased 4.2%, or $10.5 million, as compared to the
second quarter of 2012. As expected, net sales were negatively
impacted by $15 million in shipments that shifted into the Company's
first quarter of 2013. Solid growth in the watch portfolio and jewelry
led the North American sales increase. These improvements were
partially offset by lower shipments of leathers and eyewear. Wholesale
shipments increased in the U.S., Canada and Mexico.
Europe wholesale net sales for the second quarter of 2013 rose 15.0%,
or $22.1 million, compared to the second quarter of 2012. This sales
growth was driven by increases in the watch and jewelry categories.
This growth was partially offset by reduced shipments of eyewear and
leathers. Growth in Europe was strongest in Germany and the UK as well
as in the Company's third-party distributor markets, while France
experienced a modest sales decline during the quarter.
During the second quarter of 2013, Asia Pacific wholesale net sales
rose 17.7%, or $14.9 million, in comparison to the second quarter of
2012. Strong watch sales drove growth in virtually every market with
particularly strong growth in China, Japan and India.
Direct to consumer net sales for the second quarter of 2013 increased
16.1%, or $24.9 million, compared to the prior year second quarter.
This sales increase was driven by the expansion of our global retail
store base, as same store sales were flat compared to the prior year
period. The overall sales growth was driven by a strong performance in
watches as well as the Company's repositioned jewelry business and a
modest increase in the leathers category.
Operating income for the second quarter of 2013 increased 21.4%, or
$18.9 million, compared to the prior year second quarter, including a
negative impact of $2.8 million related to foreign currency
translation. Operating margin increased 130 basis points to 15.1% of
net sales, compared to 13.8% of net sales for the same period a year
earlier. Gross margin increased 190 basis points to 57.9%, resulting
primarily from an improved liquidation strategy, favorable product
mix, a growing retail business and positive impacts from recent
acquisitions. During the second quarter of 2013, the Company's
operating expense rate increased to 42.8% compared to 42.2% of net
sales in the second quarter of 2012. Total operating expenses
increased from the prior year second quarter due to the expansion of
the Company's retail store and concession base, infrastructure
investments to support growth and global initiatives, the impact of
newly acquired businesses, along with costs associated with enhancing
our Swiss production capabilities. For the six months ended June 29,
2013, operating income increased 17.7%, or $30.3 million, compared to
the prior year six month period, largely driven by similar factors
that drove the operating income growth during the second quarter of
2013.
During the second quarter of 2013, other income-net decreased by $2.7
million compared to the prior year second quarter primarily due to net
losses on foreign currency. The Company's effective income tax rate in
the second quarter of 2013 was 32.5% compared to 31.4% in the second
quarter of 2012. For the first six months of 2013, other income-net
increased by $4.1 million compared to the prior year six month period
primarily due to a non-cash, mark-to-market valuation gain related to
the Company's future acquisition of the remaining 50% of its Spanish
joint venture partially offset by decreased net gains on foreign
currency. For the first six months of fiscal 2013, the Company's
effective income tax rate was 30.3% compared to 29.7% in the prior
year period.
Share Repurchase
During the second quarter of 2013, the Company invested $169 million
in repurchasing 1.7 million shares of the Company's common stock under
its stock repurchase program at an average price of $101.23 per share.
As of June 29, 2013, the Company had remaining authority to purchase
$843 million of its common stock.
Sales and Earnings Guidance
For the third quarter of 2013, the Company expects:
Net sales to increase approximately 12.5% to 13.5%
Operating margin in a range of 15.0% to 15.5%
Diluted earnings per share in a range of $1.30 to $1.37, including the
$0.08 per diluted share impact of the shift of expenses from the
second quarter
For the full year 2013, the Company now expects:
Net sales to increase approximately 11.0% to 12.0%
Operating margin in a range of 16.75% to 17.25%
Diluted earnings per share in a range of $6.15 to $6.35
The Company's full year expectations include the effect of a higher
effective income tax rate, which will negatively impact diluted
earnings per share by $0.05 compared to prior expectations, and also
assumes relevant foreign currency exchange rates remain at prevailing
levels.
Safe Harbor
Certain statements contained herein that are not historical facts
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and involve a number
of risks and uncertainties. The actual results of the future events
described in such forward-looking statements could differ materially
from those stated in such forward-looking statements. Among the
factors that could cause actual results to differ materially are:
changes in economic trends and financial performance, changes in
consumer demands, tastes and fashion trends, lower levels of consumer
spending resulting from a general economic downturn, shifts in market
demand resulting in inventory risks, changes in foreign currency
exchange rates, and the outcome of current and possible future
litigation, as well as the risks and uncertainties set forth in the
Company's Annual Report on Form 10-K for the year ended December 29,
2012 filed with the Securities and Exchange Commission (the "SEC").
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing and distribution
company that specializes in consumer fashion accessories. The
Company's principal offerings include an extensive line of men's and
women's fashion watches and jewelry sold under proprietary and
licensed brands, handbags, small leather goods, belts, sunglasses,
soft accessories and clothing. In the watch and jewelry product
categories, the Company's offerings include a diverse portfolio of
globally recognized proprietary and licensed brand names under which
its products are marketed. The Company's extensive range of accessory
products, brands, distribution channels and price points allows it to
target style-conscious consumers across a wide age spectrum on a
global basis. The Company's products are sold to department stores,
specialty retail stores and specialty watch and jewelry stores in the
U.S. and in approximately 130 countries worldwide through
approximately 25 Company-owned foreign sales subsidiaries and a
network of over 60 independent distributors. The Company also
distributes its products in over 450 Company-owned and operated retail
stores and through international e-commerce websites and the Company's
U.S. e-commerce website at www.fossil.com . Certain press release and
SEC filing information concerning the Company is also available at
www.fossilgroup.com .

Consolidated Income
Statement Data (in millions,
except per share data):


For the 13
Weeks Ended


For the 13
Weeks Ended


For the 26
Weeks Ended


For the 26
Weeks Ended

June 29,
2013
June 30,
2012
June 29,
2013
June 30,
2012
Net sales
$ 706.2
$ 636.1
$ 1,387.1
$ 1,225.6
Cost of sales
297.3
279.7
599.7
540.3
Gross profit
408.9
356.4
787.4
685.3
Selling and distribution expenses
217.5
196.3
420.7
377.7
General and administrative expenses
84.5
72.0
165.4
136.6
Operating income
106.9
88.1
201.3
171.0
Interest expense
1.7
1.4
3.0
2.2
Other income (expense) -- net
(1.0)
1.4
8.8
3.9
Income before income taxes
104.2
88.1
207.1
172.7
Tax provision
33.8
27.7
62.7
51.2
Less: Net income attributable to noncontrolling interest
2.7
3.1
4.5
6.0
Net income attributable to Fossil, Inc.
$ 67.7
$ 57.3
$ 139.9
$ 115.5
Basic earnings per share
$ 1.16
$ 0.93
$ 2.37
$ 1.87
Diluted earnings per share
$ 1.15
$ 0.92
$ 2.36
$ 1.86
Weighted average common shares outstanding:




Basic
58.6
61.7
59.0
61.7
Diluted
58.9
62.1
59.3
62.3

Consolidated Balance Sheet Data (in millions):
June 29,
2013
June 30,
2012
Working capital
$ 924.4
$ 726.5
Cash, cash equivalents and securities available for sale
313.3
139.0
Accounts receivable, net of allowances
257.7
226.4
Inventories
582.1
524.4
Total assets
1,989.4
1,709.5
Short-term debt
1.6
7.2
Long-term debt
339.4
105.9
Deferred taxes and other long-term liabilities
146.0
134.7
Stockholders' equity
1,154.1
1,144.8

Business Segment Net Sales
($ in millions)
Amounts
For the 13 Weeks Ended
Percentage of Total
For the 13 Weeks Ended
June 29,
2013
June 30,
2012
June 29,
2013
June 30,
2012
Wholesale:




North America
$ 260.7
$ 249.8
36.9%
39.3%
Europe
170.7
147.7
24.2%
23.2%
Asia Pacific
96.2
84.4
13.6%
13.3%





Total wholesale
527.6
481.9
74.7%
75.8%





Direct to consumer
178.6
154.2
25.3%
24.2%





Total net sales
$ 706.2
$ 636.1
100.0%
100.0%

Business Segment Net Sales
($ in millions)
Amounts
For the 26 Weeks Ended
Percentage of Total
For the 26 Weeks Ended
June 29,
2013
June 30,
2012
June 29,
2013
June 30,
2012
Wholesale:




North America
$ 515.8
$ 474.8
37.2%
38.8%
Europe
344.6
300.7
24.8%
24.5%
Asia Pacific
183.0
161.0
13.2%
13.1%





Total wholesale
1,043.4
936.5
75.2%
76.4%





Direct to consumer
343.7
289.1
24.8%
23.6%





Total net sales
$ 1,387.1
$ 1,225.6
100.0%
100.0%
Product Category Information

Product Sales
(in millions)
Amounts
For the 13 Weeks Ended
Amounts
For the 26 Weeks Ended
June 29,
2013
June 30,
2012
June 29,
2013
June 30,
2012
Watches
$ 547.2
$ 476.8
$ 1,060.2
$ 895.2
Leathers
91.7
96.9
194.5
201.0
Jewelry
47.0
37.8
89.4
76.9
Other
20.3
24.6
43.0
52.5
Total net sales
$ 706.2
$ 636.1
$ 1,387.1
$ 1,225.6
Store Count Information


June 29, 2013
June 30, 2012

North
America
Other
International

Total
North
America
Other
International

Total
Full price accessory
108
153
261
104
154
258
Outlets
108
67
175
85
36
121
Clothing
30
2
32
32
2
34
Full price multi-brand
6
19
25
2
12
14
Total stores
252
241
493
223
204
427
Constant Currency Financial Information
The following table presents the Company's business segment net sales
on a constant currency basis. To calculate net sales on a constant
currency basis, net sales for the current year period for entities
reporting in currencies other than the U.S. dollar are translated into
U.S. dollars at the actual effective rates during the comparable
period of the prior year.



(in millions)
Net Sales
For the 13 Weeks Ended
June 29, 2013
Net Sales
For the 26 Weeks Ended
June 29, 2013



As
Reported
Impact of
Foreign
Currency
Exchange
Rates



Constant
Currency



As
Reported
Impact of
Foreign
Currency
Exchange
Rates



Constant
Currency
Wholesale:






North America
$ 260.7
$ (0.4)
$ 260.3
$ 515.8
$ (0.6)
$ 515.2
Europe
170.7
(0.9)
169.8
344.6
(1.3)
343.3
Asia Pacific
96.2
3.1
99.3
183.0
4.7
187.7
Total wholesale
527.6
1.8
529.4
1,043.4
2.8
1,046.2







Direct to consumer
178.6
0.5
179.1
343.7
0.9
344.6







Total net sales
$ 706.2
$ 2.3
$ 708.5
$ 1,387.1
$ 3.7
$ 1,390.8

Contact:
Investor Relations:
Allison Malkin
ICR, Inc.
(203) 682-8225
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Ramadhan Fair, Dip & Win At Times Square
Details
Category: Local
Published on Saturday, 03 August 2013 07:24
Written by Borneo Bulletin
Hits: 89
View Comments
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Begawan - Times Square Shopping Centre is holding "Ramadhan Fair 2013"
from July 25 until August 7.
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booths are taking part in the exhibition, which offer products and
services for the Hari Raya Aidilfitri celebration. They range from
furniture from Smart Healthy company (Takasima), biscuits and cakes
from Al-Afeeq food, crystal amd jewellery from Gem's World and many
more.
[b][url=http://www.jewelleryfans.com]Silver jewelry[/url][/b] As the
holy month of Ramadhan enters its fourth week, Times Square Shopping
Centre has the "Dip and Win 2013" going on from August 1 until the eve
of Aidilfitr, from 9pm to 12 midnight. Shoppers who spend $100 in a
single receipt or combined receipts amounting to $100 and above in
Times Square Shopping Centre are entitled to join the "Dip and Win
2013 campaign. The receipts have to be dated on the same day as the
"Dip and Win" draw. For more information, visit the Dip and Win
counter at the Times Square Atrium.
Shoppers can also participate in the ongoing Third Series Lucky Draw.
The final lucky draw will be held on September 15 at 2pm. To join the
draw, shoppers have to make a purchase of any amount at Times Square
Shopping Centre and drop the filled receipts in the lucky draw box.
Thirty draw winners will be contacted everyday and they will be
eligible to win the grand prize in the final lucky draw event.
Shop, dine and win at Times Square Shopping Centre, a modern and
innovative shopping centre in Brunei Darussalam, reachable from the
airport in less than a three-minute drive. With international brands,
food and beverages, children's edutainment, hotel, 'Times Cineplex'
and indoor futsal Bola-Bola, Times Square Shopping Centre is a
one-stop shopping centre, a place for everyone.

Source: Courtesy of Borneo Bulletin
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Italy's Tamburi seeks investments to follow Moncler Reuters
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Tamburi said the decision to invest in Ruffini was taken regardless of
whether Moncler would list or not.
"Our participation in Ruffini Partecipazioni completely disregards the
possible effects of a listing - whether it takes place sooner or
later."
($1 = 0.7538 euros)
(Reporting by Isla Binnie; Editing by Anthony Barker)
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Vuitton Win
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by Bay City News
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News
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Emirates Team New Zealand sealed its berth as the challenger in the
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Cannes hit by second heist as thieves escape with luxury watches
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London Daily Telegraph
– 01 August 2013
Armed men have robbed a luxury watch store in Cannes, just three days
after jewels worth €103m were swiped from a hotel in the Riviera
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Also in this section
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Irish Independent
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McDonnell's office won't provide any additional information about
which gifts he would be returning or their value.
McDonnell has been dogged by questions and a federal investigation
into whether any of the gifts were improper.
In the interview, McDonnell pointed to an external audit by former
Virginia attorney general Tony Troy which found that McDonnell's
office did not give Star Scientific any special benefits as a result
of the gifts.
Some of the reported gifts include a $6,500 Rolex watch, $15,000 in
wedding catering for his daughter Cailin's 2011 wedding. and a $15,000
shopping spree for his wife Maureen, according to the Washington Post
.
McDonnell said that his daughter Jeanine McDonnell has already
returned one of the gifts Williams gave her for her wedding in May.
Last week McDonnell also announced that he repaid $124,000 in loans
and interest from Williams to his family and the business that he
co-owns with his sister.
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