Sustained by robust growth in the global luxury retail business, luxury goods manufacturer Montblanc, recognized worldwide for its classic timepieces, jewelry, leather goods and writing instruments opened an exclusive boutique in Kuwait’s Avenues Mall Phase II recently.  The boutique is the largest Montblanc boutique in the Middle East region.
Speaking to reporters at the venue after [...]

Starbucks Corp says it is the latest victim of the US mortgage meltdown.
Blaming consumers in hard-hit housing markets of California and Florida, the coffee shop chain slashed its quarterly and 2008 profit forecast below Wall Street targets and said it faced the “weakest economic environment” in its history.
The company’s shares tumbled 12 percent on the [...]