Sherwood: Villa don't need to sell

Miu Miu names “Miu Miu personified” as fragrance ambassador

Stacy Martin for Miu Miu Prada-owned fashion label Miu Miu plans to enter the fragrance sector with actress Stacy Martin as the face of scent and corresponding advertising effort. Miu Miu announced its entrance into the fragrance market in 2013, and have remained mum on the subject until now. New fragrances are introduced very frequently by luxury houses, so the mystery that still surrounds Miu Miu’s debut into the sector

Brands sharpen ties between luxury, cinema for Cannes Film Festival

Chopard’s Palme d’Or trophy Luxury houses such as Christian Dior and Chopard are rallying together to celebrate the 68th Cannes Film Festival through initiatives honoring their cinematic ties and the industry as a whole. Held annually since 1946, the international film festival has been a glamorous affair that has given starlets red carpet opportunities and brands a platform to show off their designs, while also highlighting their role in cinema,

Apple, A123 close to settling battery hiring lawsuit

SAN FRANCISCO (Reuters) – Apple Inc and electric battery maker A123 Systems are close to settling a legal dispute over claims that the smartphone and computer maker, which is also looking into building an electric vehicle, poached A123 employees to build a large-scale battery unit. A123, which makes batteries that are used in electric cars, sued Apple in February in Massachusetts federal court, claiming that around June 2014 Apple began

Sharp gains $1.9 billion bailout but restructuring steps disappoint

By Ritsuko Ando TOKYO (Reuters) – Japan’s Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the red as its smartphone display business was battered by competition from Asian rivals. Chief Executive Kozo Takahashi said he was not considering spinning off the company’s troubled display business and would continue making TVs in Japan, leaving investors doubting the

Facebook raises minimum pay for contractors to $15 per hour

By Yasmeen Abutaleb NEW YORK (Reuters) – Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector’s elite and the lower-paid workers. Contractors will also receive a minimum of 15 days of paid vacation days and a $4,000 new child benefit for parents who do not receive parental leave,

Amazon launches advertising platform for mobile app developers: Bloomberg

(Reuters) – Amazon.com Inc launched a new advertising platform for mobile app developers to promote their apps on Android devices, Bloomberg reported. Developers can advertise their apps on Android smartphones and tablets, and also on Amazon tablets by paying Amazon each time a user clicks an advertisement displayed through the system, Bloomberg said. Campaigns for the service start at $100, the report said. Amazon could not be reached immediately for

Alibaba to invest more abroad as globalization top priority: CEO Zhang

Alibaba Group Holding Ltd will invest heavily in existing and new ventures abroad, making its push beyond the China market a top priority, the Chinese e-commerce leader’s new CEO, Daniel Zhang, said. “We must absolutely globalize,” Zhang said in his first speech since taking up his new post this week, according to a report on Thursday on Alibaba’s news and commentary website, Alizila. The vast bulk of Alibaba’s revenue comes