PARIS, France — Life is fine on Boulevard Chanel, the street facade created by designer Karl Lagerfeld for his ready-to-wear show on Tuesday, where leggy models in expensive outfits staged a faux demonstration as part of the spectacle.
Internet auction site eBay intends to drive a wave of consolidation in Russia’s e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens.
Central Group, the Thai company that bought Italian department-store chain La Rinascente in 2011 and Denmark’s Illum last year, is seeking more deals in retail.
BoF compiles the most important professional moves of the week.
Nike Inc., the world’s largest sporting-goods maker, posted first-quarter profit that topped analysts’ estimates after the FIFA World Cup soccer tournament boosted sales.
Berlin, Europe’s fastest-growing tourist destination, is taking a page from Dubai as it expands retail for the hordes of visitors.
Carlos Slim, following the lead of fellow billionaire Amancio Ortega, is freshening up his Sears outlets in Mexico with an of-the-moment sense of style in a bid to boost profits.
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported a 20 percent jump in third-quarter profit as online expansion and new concepts fueled sales growth.
Tod’s may spin off its luxury sneaker division, Hogan, according to a company spokeswoman.