"money can't buy friends, but it can get you a better class of enemy."
- spike milligan
employment in hong kong decreased in the industries of manufacturing (-7.0% or -9,500 persons), import and export trade (-4.7% or -24,300 persons) and wholesale trade (-3.1% or -2,000 persons) compared with a year earlier - hksar census and statistics department, 22 Jun 2009.
department store same-store sales in japan slipped an alarming 12.3% to ¥511.26 billion in may, down for the 15th month in a row, the japan department stores association said. the sector's clothing sales slumped 15.1% - wgsn, 19 Jun 2009.
the value of retail sales in may fell 1.1% compared with may 2008, and textiles - clothing and footwear - was the worst performing category, down 8.4%, according to the uk's office of national statistics - drapers online, 18 Jun, 2009.
liberty of london is closing its sloan street store as a "european fashion brand" offered a £700,000 cash premium to take over its lease - vogue.co.uk, 22 Jun 2009.
clothing sales in france fell 12% year-on-year in may, according to a report from the french fashion institute, imf - wgsn, 19 Jun 2009.
prada is said to be in talks with banks to renegotiate its £1.5 billion debt in order to see through "aggressive" store expansion plans - the financial times, 15 June, 2009.