Nike Inc stands to benefit from the upcoming NBA season in the United States and the football World Cup in South Africa as sales get a boost, said Goldman Sachs, which upgraded the stock to "buy" from "neutral".
The European Union is likely to let Sri Lanka keep a trade concession crucial to its apparel industry, while recommending it be revoked if the country does not improve its human rights record, diplomats said.
British fashion retailer Alexon Group Plc posted a fall in first-half adjusted pretax profit mainly due to poor consumer confidence and lower demand, and scrapped its interim dividend to conserve cash amid a tough retail environment.
After almost 30 years in fashion, Elie Saab has turned his attention to perfume with a licensing agreement for the global distribution of perfumes and cosmetics, in association with Beauté Prestige International (BPI).
On the 24th of September 2009 lingerie brand Triumph was presenting awards to the winners of its competition with English designer James Nolan taking the first prize for his architectural creation “Odile & Odette”.
The European Commission has yet to decide whether to extend or scrap anti-dumping duties on imported Chinese shoes, a spokesman said, denying that the EU executive had already opted for a two-year extension.