Japan slips into recession (FT)
According to FT, “the Japanese economy entered its first recession in seven years.”
Brioni Seeks Minority Investor (WWD)
Brioni is said to be selling a 20-25 percent stake of its company.
The Green revolution: Sir Philip Green (The Scotsman)
Sir Phillip Green will have his eye on the many high-street fashion companies up for sale next year.
Will London’s First Luxury Mall Spur Spending? (Ad Age)
A faltering economy and the fact that malls are not a huge part of the European shopping culture could make Westfield London a tough sell.