Labels like Prada and LVMH have spent a decade expanding like crazy to meet emerging market demand. Burberry has tripled its store base. It’s time to go the other way. While cutting back will be painful, it could spur higher luxury valuations.

Sourced through Scoop.it from: blogs.reuters.com

Emerging markets cumulatively have suffered their first year of net capital outflow since 1988, with the Institute of International Finance projecting a capital flight of US$541 billion.

Sourced through Scoop.it from: www.thenational.ae

It has been eight long years since the onset of the Global Financial Crisis. Whilst much has changed over this period, it appears that the ongoing debt saga is destined to plague the global economy for some time to come.

Sourced through Scoop.it from: www.cnbcafrica.com

In emerging markets, financial risks are increasing, says Lagarde.

Sourced through Scoop.it from: www.dawn.com

While the gift card is a popular go-to in holiday shopping, a staggering number are left to languish in the bottom of purses, sock drawers and jewelry boxes

Sourced through Scoop.it from: www.pymnts.com

While for the majority of merchants the holiday season is winding down — for a certain select group, things are just getting warmed up. This is the case for

Sourced through Scoop.it from: www.pymnts.com

A mere 12 and 24 months. No word on immigration status. via Two sentenced in massive $200M credit card fraud case | NJ.com Fifteen of 18 defendants have pleaded or been found guilty in a fraud case that touched eight countries and 28 states.

Sourced through Scoop.it from: creepingsharia.wordpress.com

A new startup aims to take the mystery out of buying off-price retail merchandise. As CNBC reports, the two-year-old technology company Inturn has developed

Sourced through Scoop.it from: www.pymnts.com

The closeout of 2015 has been a very good time to be Alphabet/Google. Google finished the day yesterday (Dec. 28) with both classes of parent company Alphabet

Sourced through Scoop.it from: www.pymnts.com

Sidecar is shutting down key operations amid continued ride-sharing pressure from larger rivals such as Uber.

Sourced through Scoop.it from: www.pymnts.com