U.S. online auctioneer eBay Inc won final approval from South Korea's antitrust watchdog for its planned acquisition of Gmarket Inc, subject to conditions such as a commission freeze for the next three years.
Steven Madden Ltd raised its 2009 profit outlook and the shoe maker expects to report first-quarter results above market estimates, driven by the performance of the Steve Madden Womens and Madden Girl brands.
Shoe company Deckers Outdoor Corp posted better-than-expected first-quarter results, helped by strength in its UGG brand, but it forecast a second-quarter loss, sending its shares down more than 7 percent.
The textile and sports equipment group Lafuma announced on Tuesday 21 April a slight increase in its turnover for the first half (to the end of March) of the 2008/2009 fiscal year, and its intention to increase its capital by around €10 million.
Style Network has ordered a new reality series about the world of mother-daughter socialites. In "Mothers and Daughters of Dallas" (the show's working title), the Comcast-owned fashion-themed network will tell the stories of wealthy women in the Lone Star State as they struggle to maintain their status.
British fashion retailer Alexon Group Plc posted a 79% fall in its full-year adjusted pretax profit mainly on lower margins and a poor performance at its Bay Trading brand, and said that it would not pay a final dividend.
Audrey Tautou, star of "Amelie," takes to French screens this week as the legendary designer Coco Chanel and, coincidentally or not, also takes over from Nicole Kidman as frontwoman for Chanel Number 5 perfume.
The Prada Transformer - billed as the world's first shape-shifting building - which can be lifted and rotated into different configurations to house art, film, fashion and other events has been installed in the yard of one of Seoul's ancient royal palaces.
Diageo Plc, the world's biggest spirits group, would love to get its hands on Hennessy and Moet & Chandon, respectively the globe's best selling cognac and champagne, but the idea may need time to mature into a deal.
Shoe maker Wolverine World Wide Inc posted a first-quarter profit that beat market expectations, as strong sales at key brands and lower operating expenses helped offset some of the hit from unfavorable foreign exchange rates.