Australia’s David Jones Shareholders Back $2 Billion Bid

David Jones department store | Source: Reuters

SYDNEY, Australia — Shareholders of David Jones Ltd, Australia's No. 2 department store by sales, on Monday backed a $2 billion bid by South Africa's Woolworths Holdings Ltd, ending weeks of uncertainty over the intentions of top shareholder Solomon Lew.

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Burberry Revenue Exceeds Estimates as Digital Push Drives Sales

Burberry Prorsum menswear SS15 | Source: Burberry

LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported first-quarter revenue that beat estimates as digital marketing initiatives drove sales of apparel and accessories in Asia and the Americas.

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Chanel Recalls Le Corbusier in Glittering, Snow-White and Red Collection

Chanel Haute Couture A/W 2015 | Source: Reuters

PARIS, France — Fashion designers and architects are very different animals, but their eye for form and sculpture is the same, which may be why Karl Lagerfeld drew influence from the pioneering architect Le Corbusier for Chanel's Fall/Winter 2014-2015 collection presented on Tuesday.

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