Brioni stayed largely on course in 2008 with a decrease of 3% in its income. The luxury group, which has recently named Andrea Perrone as CEO, is now planning to accelerate its development in Asia and the Middle East.
Aquarius Platinum Ltd said Ridge Mining Plc shareholders have voted in favour of its planned takeover and gave a update on operations at its Everest mine, pushing Aquarius shares higher on Tuesday 14 July.
Number one in sales of men’s fragrances in 2008, it could be said that the time was ripe for a collector’s edition. From September, One Million by Paco Rabanne will be released in a Gold Collector edition.
The world's biggest watchmaker Swatch Group is expecting sales to improve in the second half of this year after a difficult start to the year, group's CEO Nick Hayek said in remarks published Sunday 12 July.
John Lewis Partnership, the employee-owned group seen as a barometer of UK retail spending, said department store sales in the week to July 4 were held back by sunny weather and the distraction of Wimbledon.
Chattem Inc posted a 17% rise in quarterly profit that beat market estimates, helped by strong sales in the United States, and backed its full-year adjusted earnings forecast, sending its shares up 4 percent in trading before the bell.
Hot Topic Inc widened its second-quarter loss forecast citing lower-than-expected sales performance till date, and posted a 7.9 percent fall in June sales at stores open at least a year, sending its shares down 5 percent.
Discount fashion retailer Primark said third-quarter like-for-like sales rose above the 5 percent level seen in its first half helped by good weather and the attractions of its low prices in a downturn.