Charlotte Business Daily - Luxury Goods News

Luxury Goods News

Norman Lebrecht on shifting sound worlds Friday, September 3, 2010 @ 4:57AMA visit to Buenos Aires by the Scala company, with Daniel Barenboim conducting Aida, had the unintended by-product of some interesting discussions between backstage unions.
P110-M ‘hot’ items seized in Subic Friday, September 3, 2010 @ 4:21AMSUBIC BAY FREEPORT — The Bureau of Customs-Subic (BoC-Subic) seized recently smuggled goods amounting to some P110 million at the New Container Terminal-1 (NCT1) inside this premier Freeport as part of its renewed thrust to thwart smuggling. At least six 40-footer cargo containers were seized by the BoC Subic after they were found overstaying and situated at the NCT1 which is currently being ...
Back-to-school shopping rises cautiously Friday, September 3, 2010 @ 2:51AMNot even skinny jeans for $20 are pulling Americans into stores.
$17m fraudster has to give up the goods Thursday, September 2, 2010 @ 9:50PMThe man who swindled $17 million from the Otago District Health Board has been ordered to forfeit luxury items and cash totalling $10.4 million dollars
By Peter Lee Thursday, September 2, 2010 @ 9:22PMThe Barack Obama administration's policy of "strategic reassurance" vis-a-vis China appears to be yielding its first fruits - the profoundly unreassuring image of President Hu Jintao clasping Kim Jong-il's hand in Changchun and, very probably, heralding the survival of the sclerotic North Korean regime into its third generation.
Public not warned of tainted oil Thursday, September 2, 2010 @ 5:58PMLocal health authorities have admitted waiting five months before announcing that secret recalls had been ordered for a brand of camellia oil that had been found to contain excessive carcinogens.
Scammers target the unemployed Thursday, September 2, 2010 @ 3:52PMJob hunters beware. Scammers are looking for you. As the unemployment rate continues to hover around 10 percent, there are people preying on those desperate for an income.
Better Business Bureau warns beware work at home scams in bad economy Thursday, September 2, 2010 @ 1:11PMAs the unemployment rate hovers around 10 percent and more unemployed workers become desperate for jobs, the Better Business Bureau (BBB) warns that scammers are taking advantage of the opportunity by preying on the unemployed.
Perry Ellis International Introduces an Original Fragrance for Original Penguin by Munsingwear Thursday, September 2, 2010 @ 12:29PMMIAMI--(BUSINESS WIRE)--Perry Ellis International Introduces an Original Fragrance for Original Penguin by Munsingwear
Perry Ellis International Introduces an Original Fragrance for Original Penguin by Munsingwear Thursday, September 2, 2010 @ 12:19PMMIAMI----Perry Ellis International announced today that it has entered into a license agreement with Falic Fashion Group to create, manufacture and distribute men’s and women’s fragrances under the Original Penguin by Munsingwear brand.
INDUSTRY & ECONOMY Thursday, September 2, 2010 @ 11:45AMRURAL DEVELOPMENT: Subsistence with guarantee The rural employment guarantee Act is helping tribal women in Darkali, Madhya Pradesh, battle both poverty and male oppression.. Jashmabai is working under the punishing sun on an earthen dam in her village of Darkali, in Madhya Pradesh's ...
Scammers target job hunters in weak economy Thursday, September 2, 2010 @ 10:46AMAs the unemployment rate hovers around 10 percent, the Better Business Bureau (BBB) warns that scammersare taking advantage of the opportunity by preying on the unemployed. Identifying the common red flags of a scam is one way for job hunters to protect themselves and their wallet.
Scammers Target Job Hunters in Weak Economy, Warns Better Business Bureau Thursday, September 2, 2010 @ 10:45AMTYLER - As the unemployment rate hovers around 10 percent, the Better Business Bureau warns that scammers are taking advantage of the opportunity by preying on the unemployed. Identifying the common red flags of a scam is one way for job hunters to protect themselves and their wallet.
Police seize 4,500 fake Burberry products from Hong Kong stores Wednesday, September 1, 2010 @ 10:27PMHong Kong - Fake Burberry leather goods worth 5 million Hong Kong dollars (640,000 US dollars) have been seized in raids on 17 stores around Hong Kong, officials said Thursday.
Therese Poletti's Tech Tales: NYC's tech startup scene has matured Wednesday, September 1, 2010 @ 9:12PMIn the late 1990s, as Silicon Valley’s tech industry headed into boom-land, so too did New York City, writes Therese Poletti.
Targeting N.K. leader Wednesday, September 1, 2010 @ 8:38PMUS President Barak Obama has taken financial sanctions against North Korea in his continued bid to punish it for sinking the South Korean Navy ship Cheonan . His new executive order zeros in on its dictatorial leader, seeking to choke off the flow of illicit funds he needs to maintain power.
Secret testimony reveals stars’ loss Wednesday, September 1, 2010 @ 8:22PMRoughly two weeks before a judge would sentence her to jail, Lindsay Lohan sat in a downtown courtroom and recounted to a grand jury how a burglar’s black fingerprints on her wall left her so unnerved that she had to move.
Holts boosts sales with expanded prices and sizes Wednesday, September 1, 2010 @ 8:16PMCanada’s largest luxury goods retailer says sales are up in the double digits over last year, with womenswear and shoes leading the way.
Exclusive to Holts, the $48 designer tote bag Wednesday, September 1, 2010 @ 8:02PMHolt Renfrew says its womenswear sales are up 15 per cent as the luxury retailer expands prices and sizes.
Mixed economic reports can't lift fog on recovery Wednesday, September 1, 2010 @ 6:04PMAssociated Press Wednesday, September 1, 2010
Too good to waste as rubbish is chic Wednesday, September 1, 2010 @ 5:39PMStore ushers in 'up-cycling' for shoppers. Emma Dai reports from Hong Kong. In a city where brands rule, a new name is battling to make its mark: waste.
BBB Warns Of Scammers Targeting Unemployed Wednesday, September 1, 2010 @ 2:04PMAs the unemployment rate hovers around 10 percent in Ohio, the Better Business Bureau warns that scammers are taking advantage of the opportunity by preying on the unemployed.
China prods erratic N.Korea on economic reform Wednesday, September 1, 2010 @ 12:08AMBeijing (AFP) Aug 31, 2010 China has pressed North Korea to speed up economic reforms in a summit encounter that underscored Beijing's concerns about its impoverished and wayward ally, experts said Tuesday. Many analysts said North Korean leader Kim Jong-Il's five-day tour of northeast China - which ended Monday - was aimed at conferring legitimacy on an eventual handover of power to his ...
US slaps new sanctions on North Korea Wednesday, September 1, 2010 @ 12:07AMWashington (AFP) Aug 31, 2010 The US government has slapped new sanctions on North Korea, targeting illegal trade in arms, drugs and luxury goods, as it steps up the pressure over the sinking of a South Korean warship. The Treasury Department announced Monday it was imposing sanctions on four people and eight organizations accused of aiding the secretive communist government through illicit ...
Skeptical US lays ground for N.Korea talks: analysts Wednesday, September 1, 2010 @ 12:06AMWashington (AFP) Aug 31, 2010 After months of rising tension, the United States is gingerly exploring how to launch talks with North Korea without loosening the screws on the isolated state, experts say. President Barack Obama has made dialogue a hallmark of his foreign policy, extending a hand to regimes no matter how odious in US eyes. A major exception was North Korea, which since Obama took ...
China prods erratic N.Korea on economic reform Tuesday, August 31, 2010 @ 11:52PMby Staff Writers Beijing (AFP) Aug 31, 2010 China has pressed North Korea to speed up economic reforms in a summit encounter that underscored Beijing's concerns about its impoverished and wayward ally, experts said Tuesday.
Axis of fashion world tilts east Tuesday, August 31, 2010 @ 11:44PM( FT ) -- It is a steamy day in Manhattan but buyers from Bloomingdale's, Saks Fifth Avenue and other big-name department stores have been lured out of their air-conditioned lairs to the midtown offices of an Indian company called S. Kumars Nationwide Limited. The attraction?
Retail data: Americans spent a bit more this August than last, but back-to-school numbers weak Tuesday, August 31, 2010 @ 11:03PMNot even skinny jeans for $20 are pulling Americans into stores.
Why British companies face a three-way challenge to greater success in China Tuesday, August 31, 2010 @ 10:54PMAs UK companies and investors find themselves starved for growth at home and in many traditional markets, many are now asking: can China, with projected GDP growth of 10pc this year, feed their ambitions?
Retail data: Americans still cautious in August Tuesday, August 31, 2010 @ 10:40PMNEW YORK (AP) Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent at best only slightly more this August than last, according to data released Wednesday by MasterCard's SpendingPulse.
Bulgari, Fiat, Juventus, UniCredit May Move Today: Italian Equity Preview Tuesday, August 31, 2010 @ 10:33PMThe following companies may be active in Italian trading. Stock symbols are in parentheses and share prices are from the previous close.
New flower shop also offers custom merchandise Tuesday, August 31, 2010 @ 10:26PMThere used to be five flower shops in Rio Rancho. Today, there’s one. Tomorrow there will two.
New US sanctions on North Korea Tuesday, August 31, 2010 @ 4:22AMUS president Barack Obama has ordered new financial sanctions on North Korea despite the North's recent release of an American man who had been held captive for seven months for crossing into North Korea from China.
US slams N. Korean Office 39 for 'illicit activity' Tuesday, August 31, 2010 @ 3:54AMNew York, Aug 31 : United States has slammed Office 39, a shadowy party organization that raises hard currency to buy fine liquor, exotic food and luxury cars for cronies of North Korean leader Kim Jong-il.
U.S. Government: No More Jetskis or Bourbon for Kim Jong-il [North Korea] Tuesday, August 31, 2010 @ 3:32AM# northkorea The U.S. government again is trying to clamp down on North Korea through sanctions aimed at the country's top leaders and, more specifically, the notorious Office 39, which is widely seen as an "investment bank" for North Korea's elite. More »
Indications: Stock futures fall ahead of data, Fed minutes Tuesday, August 31, 2010 @ 3:25AMStock-index futures on Tuesday pointed to another day of losses for Wall Street, as a sharp selloff in Tokyo and ongoing economic worries soured sentiment ahead of the release of U.S. housing and consumer confidence data.
US expands sanctions vs Nokors Tuesday, August 31, 2010 @ 3:21AMWASHINGTON (AP) – The Obama administration on Monday widened the scope of the United States’ financial penalties against North Korea, escalating pressure on the Pyongyang regime to give up its nuclear weapons. The Treasury Department announced it is freezing the assets of several individuals, companies and organizations allegedly linked to Pyongyang’s nuclear program or to management of a vast ...
Europe Inflation Slows, Jobless Holds at 12-Year High Tuesday, August 31, 2010 @ 2:44AMEuropean inflation slowed this month and unemployment held at the highest in almost 12 years in July as companies continued to cut costs to help shore up earnings.
Hermes International's first-half profit rises 55% Tuesday, August 31, 2010 @ 2:25AMHermes International SCA, the Paris luxury-goods producer, reported Tuesday a 55% surge in first-half net profit, buoyed by strong sales in Asia.
Life Amid The Ruins: Gazans Still Feel Under Siege Tuesday, August 31, 2010 @ 2:23AMRuled by the militant Islamists of Hamas, the Gaza Strip is home to almost 2 million Palestinians, most of whom are unable to leave. Recently, Israel has partially eased its economic blockade. But 18 months since Israel's war in Gaza, there has been only limited reconstruction. read more
Charity Briefs Tuesday, August 31, 2010 @ 2:01AMSchool supply collection The Brother Rice Football program is sponsoring a school supply drive to benefit children who have extended stays at Hope Children's Hospital in Oak Lawn, as well as children at the PADS homeless shelter in Oak Lawn. Donations will be collected at all home football games this weekend: Friday, sophomore vs. De La Salle, 5 p.m.; Friday, varsity vs. Amundsen, 7:30 p.m ...
CREDIT SUISSE RAISES STAKES ON UK BONUSES Tuesday, August 31, 2010 @ 1:36AMCREDIT Suisse, the second largest Swiss bank by assets, will this week provide many of its UK managing directors with early bonuses, in an effort to hang on to its star performers.
Obama Expands Sanctions Against North Korea Monday, August 30, 2010 @ 4:20PMObama expands sanctions against North Korea
FACTBOX-U.S. sanctions target shadowy N.Korea network Monday, August 30, 2010 @ 4:18PMFACTBOX-U.S. sanctions target shadowy N.Korea network
Mexico 's Nayarit Is Nirvana For Golfers, Surfers Monday, August 30, 2010 @ 4:12PMPUNTA MITA, Mexico — "If the tide pushes up, punch it," said my seafaring golf guide, Arturo Castro, one early July day in Punta Mita.
Obama widens U.S. sanctions on North Korea Monday, August 30, 2010 @ 4:01PMWASHINGTON (Reuters) - President Barack Obama broadened financial sanctions on North Korea on Monday and froze the U.S. assets of four North Korean citizens and eight firms in part to punish it for the sinking of a South Korean warship.
U.S. expands sanctions on North Korea Monday, August 30, 2010 @ 3:54PMPresident Barack Obama issued an executive order Monday giving broad new authority to impose financial sanctions on North Korean entities and individuals doing business with and for the secretive communist state.
Obama expands North Korea sanctions, striking at illicit enterprises Monday, August 30, 2010 @ 3:41PMPresident Obama signed an executive order Monday that adds to the list of North Korea sanctions. This one targets North Korean entities involved in activities such as drug trafficking and arms sales.
Obama widens sanctions on North Korea Monday, August 30, 2010 @ 3:22PMUS seen sceptical on resumption of nuclear talks. 31 Aug 2010 8:16 AM
FACTBOX-U.S. sanctions target shadowy N.Korea network Monday, August 30, 2010 @ 3:19PMSource: Reuters Aug 30 (Reuters) - President Barack Obama on Monday broadened U.S. financial sanctions on North Korea, freezing the U.S. assets of eight North Korean companies or agencies and four individual citizens ...