Associated British Foods Plc, the Primark fashion stores owner and Silver Spoon sugar refiner, said its half year adjusted earnings will show a substantial rise and see very good progress for the year.
The new Replay.it portal is now online. The site aims to give faster and more innovative access to regularly updated content to give space to numerous designs from the Italian denim and casualwear label.
Retail sales in China during the Lunar New Year holiday rocketed by more than a sixth on last year, state media reported, in a possible sign of growing confidence among the billions of Chinese consumers.
Budget fashion retailer New Look has postponed its planned initial public offering (IPO), making it the third private equity-backed firm in as many days to abandon a flotation in turbulent financial markets.
Open-ended fund manager Union Investment has paid 316 million euros ($431.3 million) for a majority stake in Berlin's Alexa mall in the latest sign of renewed confidence in Germany's recovering property market.
French luxury goods group PPR reported a fall in 2009 net earnings but said its performance beat expectations thanks to cost-cutting, emerging markets and the stock market launch of its African unit CFAO.