Financial

Accessories News

Financial

China’s PMI Falls, Asian Stocks Suffer

The data generated fresh concern about the health of the Chinese economy.

Wall Street

Update: Europe Stocks Suffer Steep Decline, Dow Off 374 Points

The markets declined as weak manufacturing data emerged from China.

Myer Sees Profit Slide, Unveils Turnaround Plan

The Australian retailer has lost two-thirds of its market value after a TPG Capital-led consortium sold the company back to the market in November 2009.

El Corte Inglés Ousts Rebel Shareholder

Ceslar SL has been stripped of its voting rights in an ongoing dispute over a Qatari deal for the department store.

Inside on the trading floor.

Update: Dow Ends August With 6% Decline

Indices in Europe failed to recover from last week’s global sell-off.

Inside on the trading floor.

Update: U.S. Stocks Close Week With Soft Landing

U.S. markets ended a volatile week with a gentle landing, which followed a similar close to the European exchanges earlier in the day.

Market Volatility Erodes Consumer Confidence

The so-called”headline effect” caused by this past week’s stock market volatility is impacting consumer confidence.

Shanghai International Merchandising Center

Update: U.S. Markets Drag at Open, Europe Edges Down, Shanghai Recovers

Fashion stocks were largely in negative territory.

A bag from Hermès.

Chinese Consumers Still Flocking to Hermès

Chinese consumers remain a core customer for the brand — both in and outside of China.