Lacroix close to the brink May 28, 2009 HAUTE couture firm Christian Lacroix yesterday filed for protection from its creditors after the credit crunch hit consumer demand for extravagant and expensive fashion. Lacroix, which is owned by Falic Group, a duty free retailer, and employs 125 people, said it hoped to continue to operate by getting court permission to go into administration and [...]
Murray foe in clay-court form taunt May 28, 2009 THE MAN standing between Andy Murray and a career-best performance at the French Open has vowed to exploit the British No1’s weakness on clay. World No65 Janko Tipsarevic admits he is the underdog for this afternoon’s third-round clash and could end up being “eaten alive”. But the Serb says he is not scared of third [...]
HANSEN LEADS AT LONDON GC May 28, 2009 DANE Anders Hansen shot an opening round 65 to take the overnight lead in the European Open at the London GC, Ash, Kent. Hansen leads namesake Peter Hanson, of Sweden, and South Africa’s Thomas Aitken by a single shot with no fewer than eight players following at five-under. World No5 Henrik Stenson struggled to a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 28, 2009 FINANCIAL TIMES TERRA FIRMA INJECTS MORE CASH INTO EMITerra Firma has been forced to inject more cash into EMI for the second time in six months, after the debt-laden UK music group behind the Beastie Boys and Depeche Mode missed targets imposed in its banking covenants. Guy Hands’ private equity group injected £28m into EMI [...]
Dell slump better than feared May 28, 2009 Computer maker Dell yesterday reported that its quarterly profits had fallen by almost two-thirds as the worldwide recession continues to hit sales of computers. The world’s second-largest maker of personal computers made a net profit of $290m (£182m) in the three months to 1 May, down 63 per cent from $784m a year ago. Revenues [...]
Toyota sales fall by a quarter May 28, 2009 Toyota’s sales in Japan fell by around 25 per cent compared to last year the firm said yesterday. Katsuaki Watanabe, Toyota’s president, said domestic vehicle production would exceed 11,000 units a day in June and July. Toyota’s Prius Hybrid, unveiled last week, received record orders exceeding 80,000 before sales started. Japan’s top three car makers [...]
Lampard: FA Cup would be ideal boost May 28, 2009 CHELSEA vs. EVERTON CHELSEA’S Frank Lampard insists FA Cup glory is the least they deserve for their rapid improvement under Guus Hiddink.Dutchman Hiddink’s tenure as temporary manager will come to an end after tomorrow’s season-ending Wembley showpiece against Everton. The erstwhile Russia coach has transformed the Blues from no-hopers to challengers for three trophies since [...]
Rio: ‘We’ll be back stronger’ May 28, 2009 RIO FERDINAND insists his Manchester United team-mates are man enough to handle Wednesday night’s crushing Champions League final defeat to Barcelona – and has backed them to come back stronger. Dejected Ferdinand flew back to England with the rest of the United squad yesterday after failing in their bid to become the first side to [...]
Al Fahim eyes Sven for Pompey May 28, 2009 PROSPECTIVE Portsmouth owner Sulaiman Al Fahim is looking to bring former England manager Sven-Goran Eriksson back to the Premier League. Al Fahim had an official offer for the south coast club accepted on Wednesday and is expected to complete the takeover from current owner Alexandre Gaydamak in the next few weeks. The Arab property magnate [...]
Torres pens extended contract May 28, 2009 LIVERPOOL have completed their most important deal of the summer by securing the signing of star striker Fernando Torres on an extended contract. The Spaniard, who has netted 50 goals in two seasons at Anfield, had four years left on his original six-year contract, but has now been offered improved terms and an extension to [...]
