Daily News: A Global Roundup

Daily News 16 July 2010 | 0 Comments

“Acne, Burberry, Giles Deacon and young talents included on official London Fashion Week schedule.” (The Telegraph)

“Hennes & Mauritz AB, Europe’s second-largest clothing retailer, said revenue growth weakened in the final week of June.” (Bloomberg)

“Major luxury brands are making a mistake by more directly targeting female consumers in China, since men still account for the majority of luxury sales in China.” (Jing Daily)

“Burberry Group on Friday said it would buy out its Chinese franchises in a £70m deal that will see it take direct control of its 50 stores on the mainland.” (Financial Times)

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