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Online retailer Yoox '09 sales rose 50 percent 08-02-2010
Online fashion retailer Yoox reported a 50 percent rise in 2009 sales, as consumers grew more comfortable and confident in using the Internet to shop. |
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India 2009/10 cotton output seen at 30.2 mln bales 08-02-2010
India's cotton output in the year ending September is projected at 30.2 million bales (of 170 kg each), a trade association said. |
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India cotton prices seen under pressure on arrivals 08-02-2010
India's cotton prices are seen coming under pressure this week on continuing healthy arrivals of the commodity in the domestic market, but soaring exports may limit the losses, analysts and traders said. |
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India Gems & Jewellery outlook 2010 - Glimmers of hope 08-02-2010
Fitch Ratings said, in a just published Special Report, that the outlook for India's gems & jewellery sector is negative to stable, with a slow improvement in liquidity and credit profiles for many issuers. |
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India gold buying continues; rupee weighs 08-02-2010
India gold traders continued to pick bargains as prices steadied in the vicinity of a three-week low, but a weaker rupee weighed on sentiment, dealers said. |
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Gold surrenders gains as dollar recovers 08-02-2010
Gold gave up gains that took it above $1,070 an ounce in Europe, as the dollar's recovery versus the euro dented the metal's appeal as an alternative asset. |
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'Twilight' weighs on Hot Topic's January sales miss 08-02-2010
Hot Topic Inc missed same store estimates for the third month in a row as it continued to look for a replacement for its popular 'Twilight' franchise. |
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Wal-Mart, Target seek big returns in small stores 08-02-2010
U.S. big box retailers are trying to slim down. Retailers like Target Corp and Wal-Mart Stores Inc have expanded since the late 1980s by opening stores as large as three U.S. football fields. |
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Permira stands by Hugo Boss 08-02-2010
Permira will hold on to its investments in fashion house Hugo Boss and broadcaster ProSiebenSat1, the head of the buyout firm's German business told a magazine. |
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Revitalisation of Europe's private equity market shows buyouts are back 08-02-2010
Europe's private equity market is springing back to life, with buyout shops running the slide rule over firms and banks and investors more willing to lend. |
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Prada says year profit above own forecasts 08-02-2010
Italy's Prada Group made an operating profit in its last financial year that exceeded its own forecast thanks to a rise of more than 14 percent in retail network sales, the fashion house said. |
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Afghan insecurity pushes gold price up, business down 07-02-2010
Sayed Mukhtar's shop in downtown Kabul is heaving with heavy 24-carat gold necklaces, rings and bracelets gleaming under fluorescent lights, but buyers these days are few and far between. |
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'Racy pics' banker keeps job after model comes to rescue 06-02-2010
An Australian banker caught viewing risque photos of a top model on live TV can keep his job, the bank said, after the beauty backed an Internet campaign to support him. |
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Chinese sales boosts luxury goods market in 2009 06-02-2010
Despite the economic crisis, 2009 ended better than it began for the French luxury goods sector, thanks largely to China's growing taste for high-end products, encouraging thoughts of a better 2010. |
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Google-inspired fashion makes debut 06-02-2010
Google has gone techno-chic, debuting fashion designs inspired by the Internet giant. |
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LVMH says "bling" is out but biz trends on mend 05-02-2010
LVMH boss Bernard Arnault said 'bling, bling' was out, but business was improving for the French luxury group, particularly in spirits, champagne and watches. |
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New Look aims to replicate H&M with overseas push 05-02-2010
Budget fashion chain New Look believes it can replicate the success of Sweden's Hennes & Mauritz as it laid out its international expansion plans ahead of a planned return to the stock market next month. |
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John Lewis sales up sharply 05-02-2010
Retail bellwether John Lewis posted a third straight week of increased sales to complete a "cracking" January, indicating shoppers are still prepared to spend despite a gloomy macro-economic backdrop. |
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Hermes ups its 2009 profit forecast 05-02-2010
French luxury group Hermes raised its own profit expectations for 2009 after posting forecast-beating full-year sales on the back of strong Christmas trading. |