Taxing homes more isn’t the answer March 4, 2012 HERE is my factoid of the day: Italians have just replaced Russians as the top foreign buyers of prime central London properties, ending years of oligarch dominance, according to Knight Frank. The only reason the Greeks aren’t ranked higher is that there are too few of them. Analysts interested in predicting financial crises and unrest [...]
H&M SALES UP IN NOVEMBER December 15, 2010 SWEDISH fashion giant Hennes & Mauritz (H&M) said yesterday that sales at its established stores rose eight per cent in November from a year earlier. The retailer said total sales, which include newly opened stores, were up 17 per cent in the month. November is the final month of the company’s financial year and it [...]
Reflections on a positive year October 27, 2011 Q.Are you happy with One New Change a year on? Has it been a commercial success? A.In just 12 months, and despite tough economic conditions, One New Change is playing a leading role in transforming the City of London into a desirable weekday and weekend shopping and eating destination for Londoners and visitors to the [...]
Reflections on a positive year October 27, 2011 Q.Are you happy with One New Change a year on? Has it been a commercial success? A.In just 12 months, and despite tough economic conditions, One New Change is playing a leading role in transforming the City of London into a desirable weekday and weekend shopping and eating destination for Londoners and visitors to the [...]
Return of the Mayfair home March 1, 2012 It would be disingenuous to call Mayfair “up and coming” – after all, its prestige and attractions have drawn the world’s elite for centuries. But change is afoot: no longer just a haven for hedge funds, designer shops and the odd rich Russian resident, Mayfair’s stock of residential property is rocketing as offices are converted [...]
The revolution is now being televised… but will it be 3D? February 15, 2012 If I had a pound for every year I’d been told 3D was going to hit the mainstream, I’d have £3. And that’s not to be sniffed at in these troubled times. Last week George Lucas was the latest big name to throw his weight behind the format, saying the difference between 2D and 3D [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 28, 2011 FINANCIAL TIMES BHP BILLITON DIGS IN AGAINST STRIKING MINERS BHP Billiton has declared force majeure on exports from the world’s biggest copper mine, as a mineworkers’ strike entered its eighth day. The strike at BHP’s Escondida mine in Chile, which supplied 7 per cent of the world’s copper last year, comes in a month of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 28, 2011 FINANCIAL TIMES BHP BILLITON DIGS IN AGAINST STRIKING MINERS BHP Billiton has declared force majeure on exports from the world’s biggest copper mine, as a mineworkers’ strike entered its eighth day. The strike at BHP’s Escondida mine in Chile, which supplied 7 per cent of the world’s copper last year, comes in a month of [...]
SALES GROWTH SLOWS AT H&Ma June 15, 2011 SWEDISH fashion retailer Hennes & Mauritz yesterday said its sales growth slowed to two per cent in May, less than half the level analysts expected, due to a sharp appreciation in the krone. H&M, the world’s second-biggest clothes seller with 2,300 stores in 40 countries, said turnover in the March to May quarter rose to [...]
H&M hits its revenue targets November 15, 2010 FASHION giant H&M yesterday posted a slight rise in sales at established stores, up three per cent last month from 2009’s figure. The Swedish retailer said total sales, which includes newly opened stores, were up 13 per cent in October. Figures for overall sales and for stores open a year or more were exactly in [...]