French cosmetics company L'Oreal pledged on Monday to outperform the market in 2016 and confirmed its ambition to achieve another year of sales and profit growth after first-quarter sales rose than expected.
The first Moynat store in New York, announced in September, has recently opened in the Upper East Side, at 937 Madison Avenue. The 200 m² two-storey premises are dedicated to leather goods, luggage and apparel.
Carrefour, the world's second-largest retailer, vowed to renovate and open more stores to keep its European turnaround on track, while warning it would take time to revive its loss-making Chinese business.
British designer Stella McCartney offered a new take on her brand's signature looks at Paris Fashion Week on Monday, presenting a selection of puffa jackets and pleated dresses for women's winter wardrobes.
The specialist cosmetics retailer plans to open several shops in Iran starting next year, becoming one of the first major European of its kind to directly invest in the country as it emerges from years of economic san...