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...The sharpest drop was in Europe, Deutsche’s home turf, where deals fell 28 per cent annually versus a more modest 6 per cent decline in the US....
...Roark will consider options such as securitising some of Subway’s stores after the takeover closes....
...Subway is one of the world’s biggest fast-food chains, with 37,000 stores around the globe. Those stores have seen better days....
...Hindenburg alleged that bar codes on merchandise sold in LPP’s old Russian stores, which are now trading under a different name, could be reverse-engineered to match bar codes of clothes in its Polish stores...
...Closing this loophole is more important now than ever, given the succession of store closures by Boots, The Body Shop and others....
...At half-year results in September, the group warned it would take a further two years to complete a turnaround of the department store chain and supermarket to 2027-28 from 2025-26....
...Weed City Unlicensed cannabis stores across New York City have exposed banks and building owners to illegal drug sales, Bloomberg reports....
...Selfridges’ accessories buying manager Sarah Cartwright calls the Margaux “the new reference for luxury”, and the store has waiting lists for next season already....
...Group revenue for the year to 28 January 2023 was up almost 20 per cent to £184.9mn on pre-Covid levels....
...The Liberty group posted a 23 per cent increase in revenues to £185mn for the year ending January 28 2023, and made a pre-tax profit of £712,000 compared with a loss of £7.1mn the year before as it recovered...
...The London-listed group said profits would be more than a quarter lower than previous forecasts, sending shares 28 per cent lower to 144p by early afternoon....
...Synchrony Financial, which provides cards for stores such as JC Penney and American Eagle Outfitters, has gained 45 per cent....
...But it retained a pre-tax profit target of £400mn by 2027-28....
...Now, a bipartisan bill seeks to ban the social media channel from app stores unless Chinese owner ByteDance divests it....
...The EU represents 7 per cent of the company’s global revenues from the App Store, the company says....
...The first market price on Thursday was €25.50 and by early afternoon the shares were trading at €23.28....
...September 24 to January 19 2025; further information here Events Paris Design Week The fair celebrating l’art de vivre this year promises “new concept stores, staged window displays, vernissages, stores...
...And I keep thinking: why can’t Iranians simply make purchases at a local Apple store like the rest of the world?”...
...The resulting capsule – spanning glass vessels, baskets and hand-made oak stools – will be available to buy online and in store until the end of 2024....
...Bengaluru’s subway only opened in 2011, but it’s expanding fast. The city needs to construct almost immediately the local rail infrastructure that London built over nearly two centuries....
...Both filed for insolvency on December 28, with debts of €5.6bn....
...Its full-year results are due out on February 28, when shareholders will be able to make a better assessment. Until then, we maintain our rating....
...The group that owns Selfridges and a handful of other upmarket department stores has recorded a £124mn loss since it was set up just over a year ago....
...At the time, it was facing mounting pressure from activist investors, shedding stores and taking on debt to buy back its shares....
...The global luxury fine jewellery market is valued at $51bn in real terms this year, with the US accounting for $14.4bn (28 per cent) of that total and Asia-Pacific $21bn (40 per cent), according to Euromonitor...
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