Shares of Le Chateau Inc sank more than 15 percent on Monday after the Canadian fashion retailer posted a quarterly loss and an analyst downgraded the stock on doubts about the company's efforts to rebrand itself to a higher-end clientele.
The price for staking ground on Manhattan's Fifth Avenue jumped 22 percent in the past year, spurred by a record number of tourists spending their dollars at top U.S. and international retailers on America's most coveted shopping ground.
To celebrate the launch of the Eau de Lacoste L.12.12 Rouge fragrance, Lacoste teamed up with Central Saint Martin's and challenged students to design original visual statements that encapsulated the fragrance and the brand's values and heritage.
U.S. consumer confidence surged in the first quarter to its highest in more than four years as the economy improved, contrasting with still very low morale among debt-laden euro zone countries, a survey showed on Monday.
Take a trip around Knightsbridge at the moment and you'd be forgiven for thinking you've stepped straight back into the 1950s...Harvey Nichols have unveiled their latest window display installations in celebration of the Queen's Diamond Jubilee, transforming their façade into the classic British high street.
Marni released on Thursday this video, entitled “L’Arte del Ritratto” (“The Art of the Portrait”), from filmmaker and photographer Francesco Jodice, featuring Marni’s first foray into the world of interior decoration – a series of chairs, part of an art installation, created for Milan’s Salone del Mobile.
Bouygues said on Monday that it had won a contract to refurbish the Ritz Hotel in Paris for 140 million euros ($183 million), as the city's old guard of luxury hotels struggles to maintain standards and win clients under increased competition.
Carrefour, Europe's biggest retailer, plans to take on 3,000 new employees in Spain in 2012 with the opening of new shops, a newspaper said on Friday, citing the head of the company's Spanish activities, Rafael Arias-Salgado.