Tesco Plc, the world's No.4 retailer, said the global economic recovery was taking hold and saw little risk of a dip back into recession in its main British market despite a slowdown in recent sales growth.
Fresh from a makeover, luxury leather goods and clothing label Bally is out to woo fashionable Asians, but not at the expense of European and American customers who have been harder hit by the downturn.
British refinement meets American dynamism. Fond of collaboration (Libération, 1:6 Design, Manchester United…), Paul Smith is starting a new project this summer. The British designer is signing, with Oakley, a collect...
A flawless vivid blue diamond weighing 7.03 carats has been sold for a record 10.5 million Swiss francs (6.2 million pounds), the highest price paid per carat for any gemstone at auction, Sotheby's said.
Asleep since 1954. But since Prince Charming (Diego Della Valle) bought the rights in 2007, rumours about a grand return for the fashion house Elsa Schiaparellia have pulsed through the fashion world. Sleeping Beauty ...
Tesco, the world's No.3 retailer, is set to show its resilience to the economic downturn by posting profits of over 3 billion pounds ($4.5 billion) just four years after passing the 2 billion pound mark.
Retailers that offer good value or the hottest products should come out on top this holiday season, while those that need deep discounts to lure shoppers could see earnings pressured, analysts said on Monday.