How leading global cities stack up against one another? Though New York and London lead cumulative scoring, emerging cities, including Beijing and Shanghai, are narrowing the gap within key economic indicators, according to the fifth edition of Cities of Opportunity released by PwC and the Partnership for New York City. While New York officially edges … Read more
Italy fashion sales seen down 5.2 pct in 2012 It has become essential to focus on Asian markets Seventy-two fashion houses take their autumn-winter 2012 collections to the catwalks across Milan until Monday. The fashion show opens its doors with Gucci, followed by Prada and Fendi on Thursday, Versace on Friday, Jil Sander and Bottega … Read more
Brunello Cucinelli Files for IPO in Milan Cashmere maker follows peer Salvatore Ferragamo, which listed its stock in Milan on June 29. Brunello Cucinelli, founder and owner of the company, said he had filed a request with regulators to list a third of his company’s stock in Milan despite the difficult market conditions that have … Read more