U.S. consumers slashed spending in October, shunning purchases of items over $1,000, as a global financial crisis battered their savings accounts and their psyches, according to figures released on Wednesday, October ...
U.S. retail chains may report one of their worst monthly sales results this week as a global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.Leading U.S.
Political ethics campaigners lodged a formal complaint Thursday, October 23rd over the 150,000 dollars the Republican Party spent to dress vice presidential hopeful Sarah Palin in fashionable new clothes.
Russia, the fourth largest luxury goods market and one of the world's fastest growing, is being hit by the financial crisis, the managing director of the country's biggest luxury goods group, Mercury, told Reuters.
LVMH , the world's biggest luxury goods group, reported a 4.5 percent rise in nine month sales on Thursday and maintained its full-year outlook.The Paris-based group reported revenues of 11.959 billion euros ($16.
The catwalks are humming and buyers are still trawling the stands at London Fashion Week, but behind the scenes luxury clothing retailers are considering the knock-on effects of a global financial crisis.