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LONDON: Thomas Cook Group Plc’s collapse may prove lucrative for some.
PARIS: Giorgio Armani SpA’s sales fell for a third year as its founder and owner worked to streamline his fashion empire.
NEW YORK: A pair of 1972 running shoes, one of the first pairs made by Nike Inc, sold for $437,500 on Tuesday, shattering the record for a pair of sneakers at public auction.
KUALA LUMPUR: Big US companies are accelerating efforts to move more of their supply chains from China to neighbouring countries in light of Trump administration tariffs.
THE office of startup Match U is located on Shanghai’s Bund, which is lined with some of the world’s most prestigious banks and financial institutions, and sits in an area that has nurtured some of China’s finest bespoke tailors.
NEW YORK: US luxury department store Barneys New York Inc is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said.