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On fleeting Hong Kong trips, Chinese make frugal fashionable
ReutersHONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of...Tags: Office and Retail Spaces, Consumers, Property, Travel, Rentals
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PRESS DIGEST-New York Times business news - May 20
ReutersMay 20 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Yahoo's move to purchase Tumblr aims to make up for years of missing out on the...Tags: Jamie Dimon, Computing and Information Technology Industry, China, The New York Times, NBCUniversal
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Soccer-Beckham brand built to withstand retirement
ReutersBy Keith Weir LONDON, May 16 (Reuters) - David Beckham's easy charm and image as a family man will ensure the brand built up by Britain's richest sportsman will prosper long after the end of his playing days. The former England captain, 38, said on...Tags: England, Manchester United F.C., David Beckham, Soccer, Marketing
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WRAPUP 4-U.S., European groups divided on how to improve Bangladesh factories
ReutersBy Jessica Wohl and Nivedita Bhattacharjee May 15 (Reuters) - A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers...Tags: Services and Shopping, Government, Dhaka (Bangladesh), Work Rules Contract Issues, Collective Contract
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WRAPUP 2-Wal-Mart checks Bangladesh factories; retailer accord elusive
ReutersBy Jessica Wohl May 15 (Reuters) - Wal-Mart Stores Inc stepped up Bangladesh factory inspections while U.S. and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died...Tags: Services and Shopping, Dhaka (Bangladesh), Wal-Mart Stores, Inc., Clothing and Textiles Industry, Bangladesh
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Minoristas europeos y estadounidenses, divididos sobre plan de reformas en Bangladesh
ReutersPor Veronica Ek y Jessica Wohl ESTOCOLMO/CHICAGO, MAYO 14 (Reuters) - Los minoristas más importantes de Estados Unidos, incluyendo a Gap, se negaron a respaldar un acuerdo de seguridad y protección contra incendios en edificios de Bangladesh que ya fue...Tags: Walmart, Dhaka (Bangladesh), Wal-Mart Stores, Inc., Bangladesh
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H&M store opening in Pembroke Pines
H&M is planning to open a new store at Pembroke Lakes Mall in Pembroke Pines this fall, the Swedish retailer announced Monday. The new, 20,000-square-foot store is slated to open across from Victoria's Secret, offering an assortment of trendy apparel...
Tags: Victoria's Secret, Broward County, Lakes and Ponds, Miami Beach, Cooper City
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In Bangladesh rubble, the prices of profit
Reuters* Orders found in rubble reveal price of retail profits * Clothes sold in West for up to 10 times factory cost * Industry under pressure to tighten safety controls By Sarah Morris MADRID, May 14 (Reuters) - Order dockets found in the rubble of a Dhaka...Tags: United Kingdom, World Bank Group, European Union, Loblaw Companies Limited, Thomson Corporation
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WRAPUP 3-European, US retailers split on Bangladesh reform plan
Reuters* H&M, Inditex sign Bangladesh reform accord * Gap wants changes in how disputes are resolved in court * Wal-Mart asks Bangladesh government to shut unsafe factory (Adds garment association, factory comments; changes dateline to DHAKA) By Ruma Paul...Tags: Dhaka (Bangladesh), Sweden, Wal-Mart Stores, Inc., Clothing and Textiles Industry, Bangladesh
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WRAPUP 2-European, US retailers split on Bangladesh reform plan
Reuters* H&M, Inditex sign Bangladesh reform accord * Gap wants changes in how disputes are resolved in court * Wal-Mart asks Bangladesh government to shut unsafe factory (Adds Li & Fung comment) By Veronica Ek and Jessica Wohl STOCKHOLM/CHICAGO, May 14...Tags: Dhaka (Bangladesh), Sweden, Wal-Mart Stores, Inc., Clothing and Textiles Industry, Bangladesh
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H&M e Inditex respaldan acuerdo sobre seguridad en fábricas de Bangladesh
ReutersPor Clare Kane y Veronica Ek ESTOCOLMO/MADRID, mayo 13 (Reuters) - Inditex y H&M, las dos minoristas de vestimenta más importantes del mundo, respaldaron un acuerdo que busca evitar que se repita el colapso ocurrido el mes pasado en una fábrica...Tags: Bangladesh
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H&M, others back new Bangladesh factory safety accord
Reuters* Other brands have until May 15 deadline to join accord * Death toll at 1,127 as recovery operation nears end * Deal to involve financial commitment to improve safety * Wal-Mart, Gap also involved in fire and building safety talks By Veronica Ek and...Tags: Services and Shopping, United Kingdom, Germany, Employees, New Products
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