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UK retailers cut prices at fastest pace since 2006
British retailers slashed prices in March at the fastest rate since 2006, industry figures showed on Wednesday, a reflection of the squeeze in consumers' incomes that has persisted even as the economy recovers. ...
Tue, 15 Apr 2014
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British supermarket discount war not spooking suppliers
Supermarket discount wars have long been the stuff of nightmares for grocery suppliers expected to slash their own prices in turn, but this time around in Britain many say they are sleeping just fine. ...
Tue, 15 Apr 2014
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Wal-Mart plans to open 50 wholesale stores in India over 4-5 years
Wal-Mart Stores Inc plans to open 50 additional wholesale stores in India over the next 4-5 years, company spokesman Anthony Rose said on Tuesday. ...
Tue, 15 Apr 2014
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Slide in Sports Direct, ABF hit UK's FTSE
Britain's top equity index fell on Tuesday, with sportswear retailer Sports Direct sliding sharply after its founder sold a chunk of shares in the company. ...
Tue, 15 Apr 2014
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Ming-era 'chicken cup' breaks record for Chinese porcelain
A Ming Dynasty wine cup broke the world auction record for Chinese porcelain in Hong Kong on Tuesday, after it was bought for $36.05 million (HK$281.24 million) by Shanghai tycoon Liu Yiqian, Sotheby's said. ...
Tue, 15 Apr 2014
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Lost Fabergé Easter egg on show for first time in 112 years
A Fabergé Imperial Easter Egg made for Emperor Alexander III of Russia and not seen in public for more than a century will go on show in London after being saved from the melting pot by an American scrap dealer who only accidentally realized its value. ...
Tue, 15 Apr 2014
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Bob Geldof's daughter Peaches dead at age 25
Peaches Geldof, second daughter of Band Aid founder and musician Bob Geldof and a media and fashion personality in her own right, has died at her home in Kent, southern England, aged 25, her family said on Monday. ...
Tue, 15 Apr 2014
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Sao Paulo Fashion Week style trends
Cool metallic colors, down-played animal prints, sheer shorts and radiant makeup were just some of the styles spotted at Sao Paulo Fashion Week. ...
Tue, 15 Apr 2014
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Sports Direct founder buys stake in House of Fraser
The founder of Britain's Sports Direct has bought an 11 percent stake in House of Fraser, a source close to the deal said, only days after China's Sanpower Group agreed to buy a 89 percent in the British department store. ...
Tue, 15 Apr 2014
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Halcyon days of Italian fashion honoured in London show
From its birth in post-war Florence through to Milan's modern-day creations, a new London show is celebrating the glory days of the "Made in Italy" brand, which today is facing an uncertain future. ...
Fri, 11 Apr 2014
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Canadian retailer Hudson's Bay profit falls by 67%
Canadian department store operator Hudson's Bay, which bought U.S. luxury chain Saks Inc for $2.4 billion last year, posted a lower fourth-quarter profit, hurt by higher expenses. ...
Fri, 11 Apr 2014
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Scores fall sick in mass faintings at Cambodian factories
Scores of garment workers have fallen sick this week at factories in Cambodia including two that produce clothing for sportswear giants Puma SE and Adidas, police and workers said on Thursday. ...
Fri, 11 Apr 2014
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Prada bets on men to accelerate sales growth
Italian luxury fashion group Prada is pinning its hopes on men's growing taste for finely-cut suits and leather bags to drive a pickup in sales growth in the coming years. ...
Fri, 11 Apr 2014
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Ex-LVMH executive Trapani joins private equity firm Clessidra
Francesco Trapani, former senior executive at LVMH and head of Italian jeweller Bulgari, has been appointed executive vice-chairman of Clessidra to strengthen the Italian private equity firm's pool of seasoned industrial managers. ...
Fri, 11 Apr 2014
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The Glamour of Italian Fashion 1945 - 2014: Italian post-war fashion gets museum outing in London
Rarely seen Bulgari jewellery once owned by actress Elizabeth Taylor and suits, dresses, gowns and accessories by top names in post-war Italian fashion will be on display at an exhibition opening this week at London's Victoria & Albert Museum. ...
Fri, 11 Apr 2014
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H&M and Inditex commit to eliminate endangered forests from viscose clothing
Today, the world's two largest clothing brands are making commitments to eliminate ancient and endangered forests from all of their rayon and viscose clothing. ...
Fri, 11 Apr 2014
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Fight over 'missing' $50 million pink diamond gets rough
The mystery behind the disappearance of a $50 million diamond from a Geneva-based storage firm deepened Tuesday, as the company accused of losing the jewel branded the alleged victim a con-man. ...
Fri, 11 Apr 2014
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Prada posts less than 1% gain in 2013 profit, missing estimates
Prada, known for its luxury handbags, reported a less than 1 percent increase in 2013 full-year profit on Wednesday, hurt by a continued weakness in European markets. ...
Thu, 10 Apr 2014
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