Edition:
United Kingdom

Mark Potter

Cavalli boss says don't panic, luxury market fine

13 Sep 2012

LONDON/MILAN A shock profit warning from British fashion brand Burberry doesn't cloud the luxury goods industry's bright future because demand from China will remain strong, the head of Italian fashion house Roberto Cavalli said on Thursday.

Spotlight turns to output as Boeing wins show

13 Jul 2012

FARNBOROUGH, England The world's dominant aircraft makers, Airbus and Boeing, left a rain-swept Farnborough Airshow without the order deluge some had predicted, but each claiming victories as they prepare to focus on delivering a huge jet backlog from a dwindling order boom.

Spotlight turns to output as Boeing wins show

13 Jul 2012

FARNBOROUGH The world's dominant aircraft makers, Airbus and Boeing, left a rain-swept Farnborough Airshow without the order deluge some had predicted, but each claiming victories as they prepare to focus on delivering a huge jet backlog from a dwindling order boom. | Video

Spotlight turns to output as Boeing wins show

13 Jul 2012

FARNBOROUGH, England The world's dominant aircraft makers, Airbus and Boeing, left a rain-swept Farnborough Airshow without the order deluge some had predicted, but each claiming victories as they prepare to focus on delivering a huge jet backlog from a dwindling order boom.

Retailers see slow consumer recovery

22 Mar 2012

LONDON Two of the UK's biggest retailers, DIY group Kingfisher and fashion chain Next , said conditions for consumers were likely to slowly improve this year after a prolonged squeeze in disposable incomes.

Next, Kingfisher show ray of hope for retailers

22 Mar 2012

LONDON Rising profits at home improvements group Kingfisher and fashion chain Next suggest conditions could at last be starting to get better for Britain's retailers after a prolonged squeeze in consumers' disposable incomes.

Home Retail urges help for consumers as sales dive

15 Mar 2012

LONDON Home Retail , Britain's biggest household goods retailer, urged the government to take steps in its budget next week to boost the incomes of lower and middle earners as it forecast a fifth consecutive year of falling profits.

Asda sales growth slows

21 Feb 2012

LONDON Asda, the British arm of U.S. retailer Wal-Mart Stores Inc, posted a slowdown in sales growth in its fiscal fourth quarter as shoppers cut back due to rising prices, muted wages growth and an uncertain economic outlook.

Iceland Foods founder closes in on $2.4 billion buyout

16 Feb 2012

LONDON Failed Icelandic banks Landsbanki and Glitnir helped Malcolm Walker beat private equity firms to exclusive talks to buy Iceland Foods, a deal that would value the retailer he founded at 1.55 billion pounds ($2.4 billion).

Iceland founder closes in on £1.55 billion buyout

16 Feb 2012

LONDON Failed Icelandic banks Landsbanki and Glitnir helped Malcolm Walker beat private equity firms to exclusive talks to buy Iceland Foods, a deal that would value the retailer he founded at 1.55 billion pounds.

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