The Irish take on holders Spain in Gdansk on Thursday desperate to take something from the game following their 3-1 defeat to Croatia in their Group C opener.
There have been calls for change in the starting XI following the Republic's limp display against Croatia, but Trapattoni is ready to keep faith with the majority of his players.
"Our team usually play better against famous teams, famous players. We must believe in our quality, the reasons that got us here," noted Trapattoni.
"Usually Spain dominate the midfield. I think we can adapt ourselves with the players we have. We have other players that can do double jobs. For example, Cox and Walters. They can help."
"Our team usually play better against famous teams, famous players. We must believe in our quality, the reasons that got us here."
Giovanni Trapattoni Quotes of the week
When asked whether it would be skipper Robbie Keane who made way, Trapattoni added: "Keane is very important. He has personality, experience."
Trapattoni also suggested he is unlikely to throw in Sunderland's James McClean against Spain, preferring to stick with his experienced players.
"It is important to [introduce young players] at a quiet opportunity, not when we need a performance under pressure. It's a heavy weight on his shoulders," added Trapattoni.
No second guessing
Meanwhile, Trapattoni admits he does not know what to expect from Spain counterpart Vicente del Bosque as the pair prepare for Euro 2012 battle.
Del Bosque caused raised eyebrows when he named his team for Sunday night's Group C opener against Italy and did not include a single specialist striker.
That left £50million Fernando Torres and Athletic Bilbao star Fernando Llorente, among others, kicking their heels on the bench.
However, Republic of Ireland manager Trapattoni is not about to try to second-guess an old foe ahead of Thursday night's must-win encounter between the two nations in Gdansk.
"I think after I saw the game, maybe, maybe, he will play with Torres. Maybe. But Vicente decides his own tactics," said Trapattoni.
"Maybe he thought the Italians have a good defence and he would play with these small, fast and tactical players.
"He changed when he understood. At this moment, he had the necessity to put up front a big striker and he [Torres] had a good opportunity.
"I don't know how he will play against us. Sure, we know which team we have in front of us, what quality they have. I have an idea, but at this moment, I couldn't say 'this' or 'this' or 'this'.
"But I can't think about if they will play with Torres or without Torres, also Llorente or the other strikers. That's not my job, it's Vicente's job."
Michael Kors 4th-quarter net more than doubled - Marketwatch
By Kristin Jones
("Michael Kors 4Q Net More Than Triples on Broad-Based Growth," at 7:25 a.m. EDT, misstated the prior-year income figure in the third paragraph and analysts' view of current-year revenue in the seventh paragraph. The correct version follows:)
Michael Kors Holdings Ltd.'s /quotes/zigman/7705184/quotes/nls/kors KORS +0.89% fiscal fourth-quarter earnings more than doubled on broad-based sales increases across its retail, wholesale and licensing segments.
The results beat company expectations, and Michael Kors issued guidance that topped Wall Street views, pushing shares to jump 13% in premarket trading to $43.10. Through Monday's close, the stock was up 40% so far this year.
For the current year, Michael Kors expects full-year earnings of $1.08 to $1.12 a share on revenue of $1.7 billion to $1.8 billion, reflecting a same-store increase of around 20%. Analysts polled by Thomson Reuters recently expected earnings of 98 cents on revenue of $1.69 billion.
For the current quarter, the company is targeting per-share earnings of 18 cents to 20 cents on revenue of $360 million to $370 million, topping Street estimates of 17 cents and $324 million, respectively. The company is assuming a same-store sales increase of around 35%.
Michael Kors, a 30-year-old brand that went public in December, sells clothing, footwear and other apparel and accessories through luxury department stores and its own company-operated shops. The company has enjoyed a recent boom in retail and wholesale demand, in part from its expansion of shop-in-shop branded areas in department stores. Michael Kors has also sought to expand globally, launching stores in Japan earlier this year.
The company previously said same-store sales in the latest quarter jumped on strong demand for luxury goods. But it had also warned that difficulties in the company's transition to a new distribution facility had caused delays to wholesale and retail store customers, hampering sales.
For the quarter ended March 31, Michael Kors reported a profit of $43.6 million, or 22 cents a share, up from $17.4 million, or 10 cents, a year earlier. Excluding a reimbursement for fees related to the company's initial public offering and other items, earnings were 21 cents, up from 10 cents a share a year ago. Revenue jumped 58% to $380 million.
The company in March predicted earnings of 14 cents to 16 cents, on revenue of $350 million to $360 million.
Retail sales jumped 80%, reflecting the opening of 71 new stores. Same-store sales grew 36%. North American same-store sales increased 37%, and in Europe, same-store sales grew 14%.
Wholesale revenue increased 46%, driven by strong results from the transition to shop-in-shops in department stores. Licensing royalties grew 27%.
Gross margin widened to 57.7% from 55.9%.
CME cattle firm with beef quotes, equities rebound - Reuters
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Hard-pressed motorists see 3p drop in the cost of a litre of petrol as Sainsbury's and Asda start forecourt price war - Daily Mail
- New prices will come into effect tomorrow
- Move comes after a warning from Government that it was looking at ways to ensure petrol retailers do not delay price cuts when wholesale costs fall
- Lowest price in over a year as prices have fallen 11p since their peak in April
- But cost of petrol will start to rise again in the summer because of Government plans for fuel duty increase in August
By Jill Reilly
|
A fresh supermarket price war on the forecourts is underway with giants Asda and Sainsbury's cutting up to 3p a litre from the price of fuel.
The retailers said the new charges would come into effect tomorrow.
The slash follows April’s record high petrol prices, which pushed the price of filling a family car to 100.
Slashed: Supermarket giants Asda and Sainsbury's are cutting up to 3p a litre from the price of fuel. The retailers said the new prices would come into effect tomorrow
The cuts mean that filling a typical car will be the cheapest since February 2011, according to experts.
Asda said an ease in global oil prices has enabled it to pass those savings on to motorists.
Transport Secretary Justine Greening said the Government would be prepared to introduce new laws to control prices
Drivers filling up at any of Asda's 195 forecourts nationwide will now pay no more than 129.7p per litre for unleaded and 134.7p per litre for diesel.
Andy Peake, Asda's director of petrol trading, said: 'Motorists will be pleased to know fuel is now at the lowest price in over a year as prices have fallen 11p since their peak in April.
'Unlike other retailers, our price cuts benefit everyone across the country, meaning that no-one filling up at Asda will be forced to pay a premium for their fuel.'
A Sainsbury's spokesman said: 'From tomorrow we will be cutting petrol and diesel prices in our petrol stations by up to 3p per litre. Sainsbury's is committed to delivering great value and helping customers cut down on cost wherever possible.'
A spokesman for the AA welcomed the cuts, saying that motorists would be getting a 'good price' for fuel.
But the cost of petrol looks set to rise again in the summer - in August the Government has planned 3.02 pence per litre rise in fuel duty.
The move to pass on lower prices to drivers comes after a warning from Government that it was looking at ways to ensure petrol retailers do not delay price cuts when wholesale costs fall.
Two weeks ago, Transport Secretary Justine Greening said companies should develop a code of practice to stop the 'indefensible' practice of petrol companies raising prices at the pump as soon as wholesale petrol and oil prices rise, only to delay lowering them again when costs fall.
She said the Government would be prepared to introduce new laws to bring about the change if companies failed to come up with a code of their own.
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Olympic hours for Sunday shoppers - Westmidlands.com
Shopping centres will open for longer on Sundays throughout the summer to cash in on the Olympics as a boom in visitors is expected in the country, bosses revealed today.
The Bullring in Birmingham will open for an extra three hours during the Games. While the Guildhall Shopping Centre in Stafford and Merry Hill in Dudley will be open for two hours longer on Sundays.
Meanwhile, bosses at both the Mander Centre and the Wulfrun Centre in Wolverhampton today said they were also considering extending their opening hours.
The Government has relaxed the Sunday trading laws to help boost trade during the Olympics, when it is estimated more than one million people will visit the UK. Chancellor George Osborne first proposed emergency legislation so large shops in England and Wales can trade for more than six hours in his budget.
The laws have been suspended for eight weekends from July 22 during the Olympics and Paralympics.
At the Bullring, the weekday opening hours will remain the same but the centre will be opening longer on Sundays between July 29 and September 9, from 10am until 7pm, instead of 11am until 5pm.
While Merry Hill will be open between 10am and 6pm from July 22 and September 9, instead of 11am until 5pm.
Westfield, which owns the centre, says it will be running special events and hosting entertainment during the summer.
Centre manager Lucas Ross said: “Department stores and speciality stores will be open and we anticipate shoppers will love the extra flexibility to shop later on Sundays during this time.”
Wolverhampton’s Mander Centre director Nicholas Pitt said the venue was in discussions with tenants about extended opening hours.
He said: “We are looking at what can be done so our tenants can capitalise on trade. For some it might not make sense, depending on costs involved with remaining open. We hope to make an announcement in the next few days.”
The Guildhall Shopping Centre will be open between 9.30am and 5.30pm on Sundays from July 22, instead of 10.30am – 4.30pm.
Meanwhile, Wulfrun Centre bosses are expected to speak to traders about the possibility of extending opening hours today.
Queens Square Shopping Centre in West Bromwich will not be extending its opening hours.
3p is 3p, let's enjoy it while it lasts. But ask yourself this !, which product in Sainsburys Store has just had an increase of 3p !!!. There are more shoppers than there are Drivers. Think about it !.
- Morphious, Northeast England, 12/6/2012 17:26
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