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Retail sales seen up in February

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February sales numbers that top chains report later this week will be the first sign of shoppers' ability and willingness to pay more for clothing and household items now that gas prices are rising.
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Milan fashion awaits Chinese design boom

Milan fashion awaits Chinese design boom

Chinese designers will drive catwalk trends more than deep-pocketed Asian buyers as China's creativity becomes fashions' next big thing, top fashion executives and designers told Reuters at Milan fashion week.
French Fashion house Givenchy turns gaze to Asia

French Fashion house Givenchy turns gaze to Asia

The French fashion house synonymous with Audrey Hepburn and Breakfast At Tiffany's is eyeing Asia as its next big growth market, spurred by the rapidly rising incomes of the region's nouveau riche.
Perennial China to raise $860 mln in S'pore IPO

Perennial China to raise $860 mln in S'pore IPO

Perennial China Retail Trust lodged the prospectus for its planned S$1.1 billion ($861 million) initial public offering in Singapore, in what is likely to be the first of several large asset-backed trust IPOs in the city-state.
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Thousands march against India's embattled government

At least 100,000 trade unionists marched through the Indian capital on Wednesday in a protest against high food prices and unemployment, piling pressure on an administration under fire over corruption scandals.
Digital China eyes iPad supplier rights

Digital China eyes iPad supplier rights

Technology services provider Digital China Holdings Ltd is bidding for the rights to sell Apple Inc's iPad and Research in Motion Ltd's tablet PC in China, its chief executive said.
Shoppers cart their purchases from a Wal-Mart store in Alexandria, Virginia  November 12, 2009

Wal-Mart domestic sales dip again, shares down

Shares of Wal-Mart Stores fell nearly 4 percent in early trade after the world’s largest retailer a seventh straight quarterly decline in U.S. comparable-store sales, saying some of the pricing and merchandising issues ran deeper than it initially expected.
Shopping carts are seen outside a Wal-Mart Supercenter in Coolidge

Wal-Mart US sales disappoint, shares fall

World’s largest retailer Wal-Mart Stores Inc reported a 1.8 percent fall in U.S. comparable-store sales for the fourth quarter even as it posted a 27 percent rise in quarterly profit.
China fines Carrefour, Wal-Mart a combined $1.5 mln

China fines Carrefour, Wal-Mart a combined $1.5 mln

China has fined retail giants Carrefour SA and Wal-Mart Stores Inc a combined 9.5 million yuan ($1.5 million) for manipulating product prices in some of their stores, the country's top economic planner said on Tuesday.
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Truworths boosts H1 profit, mulls share buybacks

Truworths, South Africa's biggest listed clothing retailer, posted a 19 percent rise in first-half profit as lower interest rates boost consumer spending and said it was considering M&A or buying back shares.

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