Athletic-shoes maker K-Swiss Inc reported a more than three-fold rise in quarterly profit, helped by a gain from the settlement of a lawsuit, but said it could post a loss in the third quarter and forecast weak sales for the period.
Italy's Luxottica, the world's biggest eyewear maker, said net income fell 16.5 percent in the first half of the year as a strong euro, a U.S. consumer slowdown and one-time charges weighed.
Greta Garbo's beauty was legendary. It earned her the adoration of audiences and captivated even Adolf Hitler, who allegedly implored her to go to Germany to become the mother of his Aryan race.
Italian eyewear maker Safilo reported a fall in net profit of more than a third in the first half of the year, hit by a weak dollar, and cut its 2008 forecasts because of weak European markets.
Clothing retailer Next posted a 6 percent fall in first-half underlying sales, in line with forecasts, and said it expected a similar decline in the second half amid a worsening economy.
Expected to fetch at least 300 million euro (almost half a billion dollars), an art collection amassed over four decades by late fashion king Yves Saint Laurent and his companion Pierre Berge goes up for sale next February.
Outerwear maker Columbia Sportswear Co reported a surprising quarterly net loss after a year-ago profit, as U.S. and European retailers canceled orders of the company's namesake brand in the weakening economy, and its shares fell 12 percent.
Rising costs and depressed demand could reshape Britain's retail industry over the next 10 years, with bankruptcies and job losses set to rise as companies struggle to adapt, a report showed on Friday.
Retail sales slumped in June at the sharpest rate on record, official figures showed on Thursday, more than wiping out May's record rise and dragging three-month growth down to its weakest since late last year.
French retailer PPR posted better-than-expected second-quarter revenues, helped by sparkling sales at its luxury arm Gucci, but some of its retail units were, as forecast, hurt by sluggish consumer spending.
India welcomed on Wednesday an offer by the United States to limit its disputed farm subsidies as part of efforts to save a global trade deal but immediately came under pressure from Washington to make concessions itself.
India welcomed on Wednesday an offer by the United States to limit its disputed farm subsidies as part of efforts to save a global trade deal but immediately came under pressure from Washington to make concessions itself.
Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.
Top trade officials begin a make-or-break session of world trade talks on Monday, haunted by failed efforts in 2006 and 2007 and concern over whether the United States can deliver on a deal.
Adidas expects at least 15 percent growth in 2008 net profit, the German sport goods maker's Chief Financial Officer, Robin Stalker, was quoted on Sunday as saying, reiterating the group's full-year forecast.
