Articles by DPA
Inflation in Germany above the two percent mark, again
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Rising prices for services and food have pushed the inflation rate in Germany above the two percent mark for the first time since July. In November, consumer prices were 2.2 percent higher than in the same month last year, the Federal Statistical Office confirmed on Tuesday. Preliminary data had already been available at the end of November....
Son of former Harrods owner Al Fayed: 'My father should have been in court'
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One of the sons of the deceased businessman Mohamed Al Fayed regrets that his father was not charged during his lifetime with allegations of sexual violence against dozens of women. He wishes the London police investigation "could have taken its course while he was still alive," Omar Al Fayed told the British newspaper 'Mail on Sunday'. He is...
Eurozone: Retail sales decline more than anticipated
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Retail sales across the Eurozone fell more sharply than expected in October. Month-on-month, sales contracted by 0.5 percent, according to figures released by the European statistics agency Eurostat on Thursday in Luxembourg. Economists had forecast a decline of just 0.3 percent. In September, sales had risen by 0.5 percent. Year-on-year, retail...
Number of shoppers drop despite growth on Black Friday
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An estimated 197 million people shopped during the five-day holiday weekend from Thanksgiving through Cyber Monday in the United States, but lower than last year's record of 200.4 million, an annual survey by the National Retail Federation or NRF shows. However, Black Friday shoppers grew from last year, and remained the most popular day for...
Zalando at share high since May 2023
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Zalando shares became the biggest DAX winner on Wednesday. After a flat start, they moved into positive territory and increased their gains to almost six percent by lunchtime. At 32.60 euros, they reached their highest level since May 2023. With an annual increase that has now grown to more than half, Zalando shares have built up a comfortable...
Germany: Strongest decline in retail sales in two years
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The reluctance of many consumers to buy is slowing down retail before the start of the important Christmas business. In October, sales fell compared to September, both in nominal terms (-1.1 percent) and in price-adjusted terms (-1.5 percent). Adjusted for prices, the decline was the sharpest since autumn 2022. This means that the recovery from...
Fashion from Dior to Saint Laurent: Brooklyn Museum turns 200
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The Brooklyn Museum is one of the largest, oldest and most important museums in New York. Now it is celebrating its birthday - with a large golden exhibition and gifts from famous artists. The renowned Brooklyn Museum in New York is celebrating its 200th birthday with a gold exhibition - and is receiving gifts from famous artists. The exhibition...
Adidas and Puma suffer from tariff fears due to Trump's election victory
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Investors avoided shares in sportswear manufacturers Adidas and Puma on Wednesday. While Puma still had quarterly figures to process, the prospect of Donald Trump returning to the White House was seen as a particular burden. According to surveys and forecasts by American media, the Republican has won the presidential election in the US. Adidas...
Vogue's reigning queen: Anna Wintour turns 75
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Sunglasses, bob with bangs, haute couture dress: Anna Wintour is her own brand. Now the Vogue boss is 75 years old - and can't shake off her image as a Prada-wearing devil. Large dark sunglasses, a neatly cut bob with bangs and a haute couture dress: Anna Wintour has made herself a brand with recognition value. "Even her hairstyle is visible...
Capri's stock drops after US Court blocks Tapestry's 8.5 billion dollar acquisition
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The U.S. District Court for the Southern District of New York granted the U.S. Federal Trade Commission's motion for a preliminary injunction to block Tapestry Inc.'s (TPR) 8.5 billion dollar acquisition of Capri Holdings Limited (CPRI). Capri shares closed Thursday's regular trading session at 41.60 dollars, down 0.21 dollars or 0.50 perent....