Kenneth Cole Productions Inc's earnings forecast for the fourth-quarter blew past estimates as the clothing and shoe maker said it saw a strong holiday season.
Autumn-Winter 2010 Fashion Week opened in New York as the fashion world reeled from the apparent suicide of trailblazing British designer Alexander McQueen."It's horrible news. It's so sad to be in such a state of despair.
Pierre Berge, the former partner of the late Yves Saint Laurent, hailed the talent of British fashion designer Alexander McQueen who was found dead at his London home.
Apparel manufacturer VF Corp posted higher-than-expected quarterly profit due to tight inventories and strong demand for outdoor wear, and its shares rose 2.1 percent.
Retail bellwether John Lewis posted a 32 percent jump in weekly department store sales, helped by a very weak figure the same time last year when the nation was gridlocked by heavy snow.
The fashion world's leading voices paid tribute to the outlandish "revolutionary genius" of Alexander McQueen, the British designer found dead at home in London after an apparent suicide.
A revival in net flows into equity funds is hardly a trend reversal as tenacious retail money and independent financial advisers who bring in small investors continue to shy away from the market, money managers say.
India's textile industry has sought allocation of additional funds under the technology upgradation fund scheme and removal of duties on man-made fibres to help increase competitiveness and domestic utilisation.
India's wholesale gold buying remained slack for a second day as prices inched up to trade at around $1,080 an ounce in the overseas markets, dealers said.
Gold rose towards $1,080 an ounce in Europe as hopes other European countries would bail out debt-laden Greece boosted the euro versus the dollar, lifting gold's appeal as an alternative to the U.S. unit.
Jones Apparel Group Inc forecast 2010 revenue above many analysts' expectations and said its biggest brands were in a good position to grow as the economy recovers this year, sending shares up 3 percent.
Top diamond producer De Beers bolstered its balance sheet with a $1 billion rights issue and bank refinancing as it swung to a annual $220 million underlying loss after demand plummeted for luxury goods.
For the man who has everything except that perfect alligator skin jacket, he need only visit Hermes' newly opened boutique on Madison Avenue in New York, where the snappy garment sells for 158,000 dollars.
Cosmetics and perfume dispenser maker AptarGroup Inc posted a 14 percent rise in quarterly profit, helped by strong sales in its segments, and forecast first-quarter earnings above market expectations.
British plastic-packaging supplier RPC Group said third-quarter adjusted pretax profit rose, aided by cost controls, and that it planned to cut jobs at its Marolles plant in France due to continued weak demand in the cosmetics sector.