Gold miners in Russia, the world's No. 5 producer, unveiled plans to increase output by launching new mines in Siberia and forecast the metal's value would soon reach uncharted highs above $1,030 an ounce.
Japan clothes giant Uniqlo, which has opened a flagship store in the heart of Paris, is aiming for up to 10 more in the world's fashion capital as it takes on competitors such as Gap, H & M and Zara.
De Beers Canada is canceling the planned four-week winter shutdown at its Snap Lake diamond mine in Canada's Arctic due to improvements in the global diamond industry, the company said.
The European Union is likely to let Sri Lanka keep a trade concession crucial to its apparel industry, while recommending it be revoked if the country does not improve its human rights record, diplomats said.
British fashion retailer Alexon Group Plc posted a fall in first-half adjusted pretax profit mainly due to poor consumer confidence and lower demand, and scrapped its interim dividend to conserve cash amid a tough retail environment.
Impala Platinum (Implats) said it had resumed operations at a shaft at its Rustenburg mine in South Africa which was suspended last week following a fatality.
Thirteen years after the launch of its first spa in Paris, the men’s cosmetics brand Nickel has now unveiled a box-set of its leading products.
The Alexandria Cotton Exporters' Association (Alcotexa) said it had committed to sell 2,079 tonnes of cotton in the two weeks ended September 26.
Even the world's mega-rich are feeling the effects of the worst recession in seven decades. Luxury isn't what it used to be. According to research, conspicuous consumption is frowned upon and greed has been replaced by a new frugality.
The next generation of Savile Row tailoring set out its stall this week, revealing a gentle change to centuries of sartorial service.
Mauritius-based clothing group Ciel Textiles Limited posted a 51.16 percent slump in full-year net profits that it blamed on a fall in demand and aggressive price cutting.
Women's apparel retailer Christopher & Banks Corp posted a narrower-than-expected second-quarter loss, helped by lower expenses and reduced inventory levels.
Close to 55,000 workers from the South African textile sector have been on strike since the 15th of September. The crisis could endure as the strikers have refused an offer from the management which they judged to be morally doubtful.
The Italian football team Juventus has once again placed its trust in the Caten brothers, signing for the fourth consecutive year for the players’ official non-playing outfit: a suit and trenchcoat, “a little less casual, trendier”.
New Zealand childrens' clothing retailer Pumpkin Patch Ltd reported a 14 percent fall in adjusted full year net profit, on the back of the economic downturn and store closures, and said conditions were expected to remain difficult.
