Black is back at Yves Saint Laurent (Financial Times)
After ten years of losses, Yves Saint Laurent breaks even amid the current recession.
Net-a-Porter profits rocket (Drapers)
Due to improved margins, Net-a-Porter’s pre tax profits are up 300 percent to £9 million.
Wal-Mart’s Profits Attributable to Sad State of Economy (Seeking Alpha)
“Wal-Mart is one of the few stalwarts to actually expand business amidst today’s financial carnage and the glowing statistics are not to be mistaken for a grandiose harbinger of U.S. economic vitality.”
Christian Lacroix Heads Back to the Basics (WSJ)
As a response to the economic tumult, Lacroix pulled back on his signature exuberance.