Parents and grandparents spoil their kids with expensive fashion products as low birth rate leads to smaller families
Second-quarter performance highlights struggle to turn round Paris-based luxury company
Also in this newsletter: Eurozone business activity slows, global hunger warning, tourism backlash
Weaker than expected profits add to investor concerns about demand in China and industry outlook
Group’s promised plans at least give shareholders the hope of upside to come
Report says issue will still affect 600mn people by the end of the decade
Household goods group to review infant formula business and put consumer brand portfolio up for sale
FTSE 100 consumer group’s Mead Johnson unit hit by US litigation over baby formula death
Some think market for rough stones will bounce back as falling prices for factory produced rivals trigger profitability warnings
Better security and looser limits on spending fuel mobile transactions as cash continues its decline, report finds
Milan-based authorities seize €121mn from logistics arm over contributions and its relationship with delivery workers
Poor secondary market demand for expensive seats raises prospect some events may be poorly attended
Groups say governing body’s moves harm ‘economic interests and player welfare’ as dispute deepens over crowded calendar
As cosmetics get ever smaller we investigate a micro trend
In Spain, record visitor numbers are provoking protests, but their spending props up the economy. Policymakers are trying to find a balance
Senior toxicologist warns about toxic metals leaking from disused mines, calls for urgent monitoring
Only 54 of 273 stores being bought by rival Tapi, say administrators at PwC
Governing body says funding will boost short format of game as rival competitions proliferate
UK shopping centre landlord Hammerson says deal with L Catterton is ‘game changer’
Ladbrokes owner appoints Gavin Isaacs as it tries to restore investor confidence following ex-CEO’s departure last year
Bain is selling a stake in deal that values Bugaboo at several hundred million pounds
New billionaire owner has embarked on sweeping changes in an effort to restore club’s fortunes
Global consumption has been in decline since it peaked in 2007
Jean-Marc Gallot’s efforts to broaden occasions when people drink bubbly butts up against tradition
With bottles of Moët and Louis Vuitton trunks never far from sight, the Parisian conglomerate’s brands have already made their mark on the Games