Greece's weekend riots destroyed about 130 shops in Athens's commercial center and owners of surviving businesses say a Christmas season already overshadowed by global economic crisis may be lost to them altogether.
Take a load of empty plastic water bottles to manufacture jeans, or turn waste denim into paper: as eco-consciousness spreads, makers of the planet's most popular item of clothing are increasingly resorting to recycling.
The iconic black and white keffiyeh, or Arab headdress, famously donned by late Palestinian president Yasser Arafat has hit the streets of Beirut in a rainbow of colours -- much to the chagrin of older Palestinians.
Music doesn't account for a large portion of Hot Topic's overall business. In fact Betsy McLaughlin, the CEO of the teen apparel and lifestyle retailer, says music CDs and DVDs are only "a single-digit part of what we sell."
Japan's top trading firm Mitsubishi Corp plans to buy a roughly 5 percent stake in retailer Aeon for more than $325 million, and the two will work together on foreign buying amid the economic downturn, two company sources said on Saturday.
Armed robbers pulled off one of the world's biggest jewellery heists at a famed Paris store, making off with diamonds and valuables worth 80 million euros (102 million dollars), investigators said Friday, December 5th.
IT Holding , the Italian company behind fashion brands including Malo and Gianfranco Ferre, mandated its chairman to continue exclusive talks with Chinese businessman Billy Ngok until the end of the year.
Slowing purchases of clothing and accessories may spur consolidation in the fashion industry, Liz Claiborne Inc's chief executive said on Friday, but the owner of the Juicy Couture and Kate Spade brands is not looking to make acquisitions right now.
Watch-maker Movado Group Inc posted a quarterly profit that was well below Street estimates, hurt by a fall in retail sales, and cut its fiscal year earnings outlook. Net profit for the third quarter, declined about 41 percent to $15.