Bloomberg Burberry Group Plc is still waiting for new leadership to revive the brand, as it trails rival luxury-goods makers in the all-important Chinese market. The shares fell as investors were disappointed by the British fashion brand’s latest quarterly sales in Asia, which MainFirst analyst John Guy called “actually pretty poor” in light of surging demand for luxury products in ...

Bloomberg Manhattan’s Fifth Avenue is known as the address of luxury retailers Bergdorf Goodman, Harry Winston and Tiffany & Co. Now value retailer Five Below Inc. is setting up shop. As part of its 2018 store expansion efforts, the retailer known for its $5 deals is planning to open its first Manhattan storefront, two blocks north of Bryant Park. The ...

AGENCIES The UAE intends to invest as much as $10 billion in South Africa’s economy, with a focus on key sectors such as tourism and mining among others, to support the sustainable development of the country. The commitment was made during the first state visit by South African President Cyril Ramaphosa to the Middle Eastern nation, the Presidency said in ...