Coach Inc warned investors that the disasters in Japan would continue to hurt results in the current quarter, casting a shadow on the upscale handbag maker's better-than-expected sales and earnings report.
In Autumn 2011, the Columbia Sportswear and Sorel brands (from the Columbia Sportswear Company group) are going to extend their shopping websites to Canada and also to eight European countries including England. The goal is to boost online sales and also the image of those two brands among customers and partners.
Luxury mall owner Taubman Centers Inc reported sales per square foot at its tenants' stores rose 14 percent in the first quarter, underscoring the strength at top quality malls and their ability to outperform lower quality malls.
The world's biggest food group Nestle will decide on the future of its stake in French cosmetics group L'Oreal in 2014 when a 10-year standstill agreement draws to an end, its chairman said on Thursday.