The second tropical depression of the Atlantic hurricane season formed over the far eastern Atlantic Ocean early Tuesday 11 August, it could hit agriculture crops such as citrus and cotton in Florida and other states along the coast to Texas.
Pershing Square Capital Management, whose manager William Ackman lost a heated proxy contest to elect new directors to Target Corp's board earlier this year, cut its ownership stake in the retailer to 4.4 percent from 7.8 percent.
U.S. e-commerce sales fell 1 percent to $30.2 billion in the second quarter from the same period last year, and might not recover until the wider U.S. economy begins to improve, according to new research data.
With the backdrop of the recession, luxury houses are taking another look at their strategies and habits. As a result, in October Givenchy will be launching a line which will cost less than its principal collection.
New Look has signed a partnership with a brand new label. Called “Idol”, this new brand with strong rock influences will be seeking to establish itself in the world of fashion and will be available from this Fall in forty-two New Look stores across the world.
Whilst expecting her second child, Nicole Richie has designed a clothing line for expectant mothers. The range has been created for American label A Pea in the Pod and picks up on themes near to the star’s heart: bohemia and chic.
When Wal-Mart Stores Inc reports second-quarter results next week, it will provide a much-awaited glimpse into the state of consumer spending as measured by the billions of dollars that flow through its cash registers every quarter.