Beverly Hills Retailers Report 4th Quarter 2003 Retail Sales as Stronger Than 2002.Business Editors BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif.--(BUSINESS WIRE)--Jan. 19, 2004 Diamond Earrings, Cashmere cashmere Animal-hair fibre forming the downy undercoat of the Kashmir goat. The fibre became known for its use in beautiful shawls and other handmade items produced in Kashmir, India. The fibres have diameters finer than those of the best wools. and Leather Accessories Among the "In Demand" Items of the 2003 Holiday Shopping Season Beverly Hills Chamber of Commerce (BHCC BHCC Bunker Hill Community College (Massachusetts) BHCC Busy Hour Call Completions BHCC British Hellenic Chamber of Commerce BHCC Brighton Hill Community College (UK) ) today announced retail sales results for the quarter ended December 31, 2003. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an on-going retail sales survey conducted by The Pollack PR Marketing Group, 71% of Beverly Hills retail businesses surveyed reported 4th quarter 2003 sales as the same or better when compared to retail sales figures sales figures npl → cifras fpl de ventas for the 4th quarter 2002. Of the 71% reporting the same or better retail sales, 25% of those surveyed reported an increase of 5% to 15% in retail sales versus the 4th quarter 2002. Overall retail sales numbers for the 4th quarter were bolstered by the news that 69% of Beverly Hills Retailers reported increased "Black Friday Black Friday, Sept. 24, 1869, in U.S. history, day of financial panic. In 1869 a small group of American financial speculators, including Jay Gould and James Fisk, sought the support of federal officials of the Grant administration in a drive to corner the gold " sales, when compared to 2002's traditional start of the holiday shopping season. "A combination of recent tax cuts, low interest rates, economic stability and gains in consumer confidence were cited by many as being key factors in the high-number of holiday time shoppers this season," said Todd Steadman, BHCC Director of Economic Development & Government Affairs. "The 2003 holiday shopping season was one of the most successful that Beverly Hills has seen in a few years, and has raised the bar for many of the area retailers as they head into 2004." "With cashmere and leather accessories, and diamond earrings in high demand this year, it is not surprising that 81% of the Beverly Hills luxury retailers reported retail sales as the same or better when compared to 4th quarter 2002," continued Steadman. ABOUT BEVERLY HILLS CHAMBER OF COMMERCE Beverly Hills Chamber of Commerce is the unrivaled authority of business -- advocating on its behalf, anticipating trends, advancing knowledge, creating innovative practices that inspire and invigorate in·vig·or·ate tr.v. in·vig·or·at·ed, in·vig·or·at·ing, in·vig·or·ates To impart vigor, strength, or vitality to; animate: "A few whiffs of the raw, strong scent of phlox invigorated her" , and embodying a professional conscience. The second largest Chamber of Commerce in Los Angeles County, Beverly Hills Chamber of Commerce has been leading businesses to success since 1923. For more information, visit http://www.beverlyhillschamber.com. |
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