Harvey Nichols Group Ltd. , the luxury department-store chain, will create a private-label collection of women’s items and expand online in a bid to stave off a slowdown in revenue growth since January discounts.
Qatar Holding LLC’s 1.5 billion-pound ($2.2 billion) purchase of Harrods Ltd. may herald more investment in the industry as foreign buyers take advantage of a consumer-spending revival and a falling pound.
When the Soviet Union collapsed 22 years ago, Russian women quickly cast off dowdy proletarian garb in favor of glitz such as ultra-tight sequined dresses and towering heels. Mira Duma is having none of it.
PetroChina Co. , Asia’s biggest company by market value, posted a 13 percent gain in third- quarter profit, beating estimates, as the oil and gas producer increased output to benefit from higher crude prices.
Roman Abramovich and his girlfriend Dasha Zhukova inspected sculptures by Takashi Murakami. Kate Moss also browsed as Hong Kong wooed wealthy art buyers with champagne, James Bond-style parties and lobster feasts.