Japanese recession, Brioni sells stake, Phillip Green, Westfield London

Shibuya Tokyo

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.

Street scene in Shibuya, Tokyo courtesy of  Guwashi99, under Creative Commons.