Prada sales up in Asian market boom May 24, 2010 ITALIAN fashion house Prada posted a 26 per cent rise in first-quarter revenue yesterday – boosted by a storming performance in Asia. Prada, which also owns the Miu Miu label and Church’s shoes, said revenue in the quarter to the end of April grew above the group’s expectations to €366m (£314m). A 36 per cent [...]
Prada sales up in Asian market boom May 24, 2010 ITALIAN fashion house Prada posted a 26 per cent rise in first-quarter revenue yesterday – boosted by a storming performance in Asia. Prada, which also owns the Miu Miu label and Church’s shoes, said revenue in the quarter to the end of April grew above the group’s expectations to €366m (£314m). A 36 per cent [...]
Fed spooks stocks with grim outlook June 23, 2010 US stocks mostly fell in a volatile session yesterday after the Federal Reserve downgraded its assessment of the economic recovery as it vowed to keep cheap money flowing. The market bounced between positive and negative territory as investors wrestled over the implications of the Fed’s statement in the afternoon on the economy and interest rates. [...]
Flawed logic at heart of bonus rules July 29, 2010 JUST a few years ago, it would have been unthinkable that governments would seek to regulate the way employees were paid by private firms. The recession changed all of this: it soon became the received wisdom that large banks deemed “too large to fail” should have their pay policies regulated by the state to make [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 28, 2010 FINANCIAL TIMES SHIRE SEES SALES BOOST FROM RARE DISEASE DRUG Shire is bracing itself for a significant boost in sales after European regulators authorised teh use of teh company’s experimental drug to treat an extremely rare disease. In a decision set to be ratified by the European Commission in the coming weeks, the European Medicines [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 28, 2010 FINANCIAL TIMES SHIRE SEES SALES BOOST FROM RARE DISEASE DRUG Shire is bracing itself for a significant boost in sales after European regulators authorised teh use of teh company’s experimental drug to treat an extremely rare disease. In a decision set to be ratified by the European Commission in the coming weeks, the European Medicines [...]
Isis gets £12m in Occam sale June 2, 2010 ISIS Equity Partners, the small-cap buyout house, is eyeing new investment opportunities after selling marketing software maker Occam to services company St Ives for £12m. Isis said it made between 1.5 and two times its investment of £4.1m on the sale of Occam, which it bought into through a management buyout in 2004. The company, [...]
Topps Tiles predicts upturn despite seeing profit dive in tough trading June 2, 2010 TOPPS Tiles yesterday posted a ten per cent fall in first-half adjusted pre-tax profit as consumers curbed spending amid the downturn and said it expected trading in the retail sector to remain tough. The company, which sells wood and tile flooring from 309 stores in Britain, said total revenue for the first seven weeks of [...]
House prices rising but slowdown may follow May 7, 2010 HOUSE prices have risen by 6.6 per cent in the past year, according to the Halifax house price survey. The jump represented the fastest annual rate of increase since October 2007. However, the mortgage lender said that the trend in recent months has been for price rises to stutter. Prices fell slightly in April by [...]
Retail sales up again in April but pace stalls April 27, 2010 BRITISH retail sales volumes grew for a third straight month in April, albeit at a slightly slower pace than expected, and retailers are confident of an acceleration next month, a survey showed yesterday. But a sustained recovery in consumer spending looks threatened by signs the housing market may be running out of steam and the [...]