Bloomberg Qantas Airways Ltd. announced its biggest investment in global airport lounges in more than a decade, underscoring the demand for premium, long-distance travel as aviation rebounds from the pandemic. The A$100 million ($70 million) program includes a new flagship first-class Lounge at London’s Heathrow Airport that will open in 2025, Qantas said on Tuesday. That’s when the carrier ...

Bloomberg Forever 21, which came to epitomise the fast-fashion movement by selling trendy, of-the-moment clothing to teens at bottom-barrel prices, is relaunching in Japan by quietly overhauling itself as an upmarket clothier. About 80% of Forever 21’s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed ...

  Bloomberg Tesco Plc plans to raise store employees’ base pay by 7% as workers across the UK struggle to keep up with the rising cost of living. Store employees will get £11.02 an hour from early April, the retailer said, hailing the agreement with the USDAW union as the third pay increase in 10 months. Workers in London will ...