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Business 04 May 2017 | 12:00 AM

Hugo Boss profit up on Europe, Asia sales growth

FRANKFURT: Hugo Boss AG, the ailing German clothier, said earnings rose as its turnaround took shape and the company kept a tight grip on costs.

Business 24 Dec 2016 | 12:00 AM

Beware Schlubs, the English are coming for your closet

IT’S the first break of a whirlwind, five-day business trip for Patrick Grant, the 44-year-old owner of Savile Row tailor Norton & Sons, and he wants to talk about buttons.

Corporate News 05 Aug 2016 | 9:13 AM

Hugo Boss to close more stores as cost cuts bear fruit

BERLIN: German fashion house Hugo Boss beat forecasts for quarterly operating profit on Friday and new CEO Mark Langer said he would close around 20 more stores as a cost cutting drive appears to be bearing fruit.

Business 06 Apr 2016 | 5:38 PM

Female master tailor makes history at London’s Savile Row

LONDON: Kathryn Sargent made history on Wednesday by becoming the first female master tailor to open her own shop in London’s prestigious Savile Row.

Corporate News 30 Mar 2016 | 4:30 AM

China's Shandong Ruyi to take over Sandro, Maje labels

PARIS: China's Shandong Ruyi is set to buy control of SMCP, the French firm behind fashion brands Sandro, Maje and Claudie Pierlot, for 1.3 billion euros (US$1.5 billion) including debt, two sources close to the deal said on Tuesday.

Business 12 Jan 2016 | 12:00 AM

Tough job for new M&S boss

LONDON: When Steve Rowe takes over the top job at Marks & Spencer in April, the 48-year-old soccer-loving Londoner will have to succeed where many others have failed: enticing women to spend on the British institution’s fashion.

Business 12 Mar 2014 | 8:16 AM

Profit-taking drags Wall Street lower

NEW YORK: U.S. stocks fell on Tuesday, with selling picking up late in the session, as investors cashed in some of the recent market gains, but the S&P 500 finished less than 1 percent away from a record high set last week.

Business 25 Nov 2011 | 12:00 AM

M&S brings comfy knickers, curry back to Paris

PARIS (Reuters) - The French may scoff at British cooking and fashion, but retailer Marks Spencer reckons Parisians are yearning for its ready-made chicken tikka masala, gourmet chutney and sensible knickers.

Business 18 Oct 2010 | 12:00 AM

Luxury sales rebound to pre-crisis levels in Italy

MILAN: The luxury sector is rebounding better-than-expected this year thanks in large part to wealthy Americans replenishing their wardrobes after a year of self-denial and nouveau riche Chinese indulging in a worldwide spending spree, according to a new study released Monday.

Business 10 Feb 2009 | 12:00 AM

Oil below US$40 Tuesday as investors eye US stimulus(updated)

Oil prices languished below $40 a barrel Tuesday in Asia even as investors looked to a massive U.S. stimulus package as a possible tonic for flagging crude demand.