Edition:
United Kingdom

Sonya Dowsett

Australian drought, sporty shoppers push up prices of wool clothing

21 Nov 2018

MADRID/SYDNEY A jump in the price of wool from drought-ravaged Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool or raising prices.  

RPT-FOCUS-Australian drought, sporty shoppers push up prices of wool clothing

21 Nov 2018

* Drought fuelling record wool prices in top exporter Australia

New stores and online growth help IKEA fend off rivals

11 Oct 2018

MADRID/STOCKHOLM IKEA reported a 5 percent rise in annual sales on Wednesday as strong online growth and new stores in India and several other countries helped the world's biggest furniture retailer cope with mounting competition. | Video

Spain's Andalusia calls regional elections in test for PM Sanchez

08 Oct 2018

MADRID The leader of Spain's most populous region, Andalusia, on Monday called a regional election for Dec. 2, in what will be the first electoral test for the country's ruling Socialist party since Prime Minister Pedro Sanchez took power in June.

Brexit talks going ahead in 'spirit of good cooperation': EU's Barnier

17 Sep 2018

MADRID Talks between the European Union and Britain on Brexit are being conducted in a spirit of "good cooperation", Michel Barnier, the EU's chief negotiator on the issue, said on Monday.

Brexit talks going ahead in 'spirit of good cooperation' - EU's Barnier

17 Sep 2018

MADRID Talks between the European Union and Britain on Brexit are being conducted in a spirit of "good cooperation", Michel Barnier, the EU's chief negotiator on the issue, said on Monday.

Zara owner Inditex lifts sales forecasts on warm autumn range reception

12 Sep 2018

MADRID Zara owner Inditex said on Wednesday its autumn clothing collections had been well received and forecast a second-half sales rise of up to 6 percent and improved profitability, despite a strong euro. | Video

Spanish tourist numbers fall in July for first time in nearly a decade

03 Sep 2018

MADRID The number of tourists visiting Spain in July fell for the first time in nine years, official data showed on Monday, in a sign numbers are stalling after five years of record growth as rival destinations tempt tourists with cheap, all-inclusive deals.

UPDATE 1-Spanish tourist numbers fall in July for first time in nearly a decade

03 Sep 2018

MADRID, Sept 3 The number of tourists visiting Spain in July fell for the first time in nine years, official data showed on Monday, in a sign numbers are stalling after five years of record growth as rival destinations tempt tourists with cheap, all-inclusive deals.

Spanish hotels cut prices as competition from Turkey, North Africa heats up

03 Aug 2018

MADRID Spanish hotels are cutting prices on summer holiday packages as tourists return to destinations like Turkey and resorts in North Africa while visitor numbers to Spain start to peak after five record-breaking years.

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