What the other papers say this morning January 6, 2011 FINANCIAL TIMES GOLDMAN TEES UP SALE OF JAPAN GOLF COURSE Goldman Sachs is ending its long love affair with golf in Japan. The US investment bank is seeking buyers for its remaining stake in Accordia Golf, the country’s largest golf course operator. The proposed sale comes as Japan’s enthusiasm for golf is also cooling – [...]
FTSE treads water as fears over European debts weigh December 16, 2010 BRITAIN’S top shares closed little changed yesterday as persistent concerns over Europe’s debt problems capped moves on the upside while BP fell after the US government launched a lawsuit over the Gulf oil spill. The FTSE 100 ended down 1.06 points at 5,881.12. The index ebbed away from an intra-day high of 5,907.10, with analysts [...]
RUBENS AND CHARLES I WATCH LUXURY GONGS November 15, 2010 THE great and good of the British luxury brands industry gathered for one of the biggest events of the year last night, as its lobbying group, Walpole, held its annual awards. In Whitehall’s Banqueting Hall, under the glow of a delicately lit ceiling of Rubens masterpieces and near the site where King Charles I was [...]
RUBENS AND CHARLES I WATCH LUXURY GONGS November 15, 2010 THE great and good of the British luxury brands industry gathered for one of the biggest events of the year last night, as its lobbying group, Walpole, held its annual awards. In Whitehall’s Banqueting Hall, under the glow of a delicately lit ceiling of Rubens masterpieces and near the site where King Charles I was [...]
Chinese fuel shops boost November 8, 2010 LONDON saw a 167 per cent increase in Chinese shoppers in October, compared to the same month last year. The rise has been fuelled by shoppers snapping up designer goods and a Chinese holiday which saw more holidaymakers than ever from the country. As well as the rise in customers the average spend was up [...]
Chinese fuel shops boost November 8, 2010 LONDON saw a 167 per cent increase in Chinese shoppers in October, compared to the same month last year. The rise has been fuelled by shoppers snapping up designer goods and a Chinese holiday which saw more holidaymakers than ever from the country. As well as the rise in customers the average spend was up [...]
Roll up for a host of new hot openings December 8, 2010 THERE have been a number of bar openings dotted around the capital in recent weeks. The iconic Oxo Tower (www.harveynichols.com/restaurants/oxo-tower-london) has seen the launch of its new bar with stunning views across the Thames to St Pauls and beyond. The impressive space mixes classic cruise liner-esque lines with modern touches provided by designer Shaun Clarkson, [...]
JJB issues warning as promotions fail November 11, 2010 STRUGGLING sportswear retailer JJB yesterday warned that full-year results would not meet its hopes after poor recent trading, increasing the chances of the company having to raise additional cash. Shares in JJB, which came close to administration last year, lost up to 29 per cent of their value after the retailer said sales over the [...]
German retail, manufacturing indicators improve sharply December 1, 2010 GERMANY’S retail and manufacturing sectors substantially improved in October and November, indicating a robust recovery in Europe’s biggest economy, figures showed today. German retail sales rose by 2.3 per cent in October, their biggest month-on-month gain in almost three years, according to official figures. The rise was the strongest monthly gain since January 2008 and [...]
Amazon beats profit predictions but falls on extra operating costs October 21, 2010 THE WORLD’S biggest online retailer, Amazon, beat Wall Street expectations with its results yesterday, though shares fell as it announced higher than expected costs in the run-up to the Christmas rush. Revenue soared 39 per cent for the third quarter to $7.56bn (£4.81bn), though operating expenses also rose 40 per cent to $7.29bn. Pre-tax profit [...]