More From Joelle Diderich
Buyers Turn to Cotton Alternatives
It’s all about blending in for spring 2012 fabrics, with high raw material costs pushing weavers to…
Swatch Group Net Jumps 41.5 Percent
World’s largest watchmaker targets annual sales of 10 billion Swiss francs, or $10.6 billion, in the medium…
Hermès Posts Record 2010 Sales After Strong Q4
Luxury firm says revenues rose 25.3 percent in fourth quarter thanks to strong Christmas sales.
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Swiss Watch Exports Rise 25.8 Percent in December
Exports of Swiss timepieces gained 22.1 percent in 2010, signaling a lasting recovery, federation says.
Carrefour Mulls Plan to List Assets
Retail giant eager to “maximize its performance” and boost valuation.
Carrefour Mulls Spin Off
World’s second-largest retailer confirmed it was considering spinning off some of its assets in order to…
H&M Profits Drop 10.8 Percent
Swedish retailer cites strong krona, rising purchasing costs.
Expensive Watches Boom as Investors Rush In
At a time when currencies are seesawing, a limited edition tourbillon or chronograph is looking not only…
Marianne Faithfull in High Spirits
The iconic singer talks records, both historical and musical.
Swatch Group Posts Record Sales in 2010
Swiss firm said gross sales advanced 18.8 percent despite production bottlenecks.
Swiss Watch Industry Sees Upturn
Watchmakers are looking forward to hitting new peaks this year, thanks to an unexpectedly strong rebound in…
Carrefour Misses 2010 Operating Profit Target
World’s second-largest retailer blames one-off charges resulting from an audit in Brazil.
PPR Creates New Unit in E-Commerce Push
Retail-to-luxury group names Fabien Sfez to take over its new online retail development unit.
H&M Brings COS to Sweden
Swedish fast-fashion giant also plans to launch first collection designed by a blogger on its home turf.
Amancio Ortega to Step Down at Inditex
The founder of Spanish retail giant Inditex SA, owner of the Zara chain, will no longer be the chairman of…