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<title>Retail &amp; consumer industry news - FT.com</title>
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<pubDate>Fri, 24 May 2013 23:47:56 GMT</pubDate>
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<title>P&amp;G: best man for the job</title>
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<description>Sales under Bob McDonald grew by an average annual rate of 2% or so, compared with Lafley’s 8%</description>
<pubDate>Fri, 24 May 2013 23:47:56 GMT</pubDate>
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<title>Abercrombie &amp; Fitch: time to be cool again</title>
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<description>For years, exclusivity has helped sell a lot of ripped jeans and logoed polos, but lately it is Abercrombie itself that is looking a bit awkward</description>
<pubDate>Fri, 24 May 2013 23:42:29 GMT</pubDate>
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<title>P&amp;G buoyed by return of Lafley</title>
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<description>A.G. Lafley first became P&amp;G’s chief in 2000 after his predecessor tried to drive through a restructuring plan that had brought chaos and a flurry of profit warnings</description>
<pubDate>Fri, 24 May 2013 22:23:23 GMT</pubDate>
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<title>Valeant nears $9bn Bausch &amp; Lomb deal</title>
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<description>A price of $9bn would see the eyecare maker’s owner Warburg Pincus settle for less than its initial hopes of a sale topping $10bn</description>
<pubDate>Fri, 24 May 2013 22:18:37 GMT</pubDate>
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<title>P&amp;G gambles on A.G. delivering the goods</title>
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<description>Shareholders and employees will want to know whether the move to appoint a new chief will bring a radically different assessment of how group is doing</description>
<pubDate>Fri, 24 May 2013 22:18:21 GMT</pubDate>
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<title>Dudley washes away image with prize wine</title>
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<description>The red, made from a Rondo grape, is a fiery 15 per cent proof – an alcohol level normally associated with Provence or Southern Italian wines</description>
<pubDate>Fri, 24 May 2013 20:43:03 GMT</pubDate>
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<title>Week in Review, May 25</title>
<link>http://www.ft.com/cms/s/0/aac46296-c476-11e2-bc94-00144feab7de.html?ftcamp=published_links%2Frss%2Fcompanies_retail-consumer%2Ffeed%2F%2Fproduct</link>
<description>Tumblr founder rolls into the big time. Also, Danone in China and Amazon’s biosphere feature among the top stories</description>
<pubDate>Fri, 24 May 2013 19:21:24 GMT</pubDate>
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<title>Circus ringmaster of the investment world</title>
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<description>Bill Ackman has played a role in shake-ups in companies ranging from JC Penney and Canadian Pacific Railroad to Occidental Petroleum</description>
<pubDate>Fri, 24 May 2013 18:27:44 GMT</pubDate>
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<title>Quality European shares still look cheap</title>
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<description>The valuation gap with the US is wide and in many cases unjustified, say strategists – and many think it’s time to buy</description>
<pubDate>Fri, 24 May 2013 17:44:25 GMT</pubDate>
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<title>Executive encores</title>
<link>http://www.ft.com/cms/s/0/0df6a260-c473-11e2-9ac0-00144feab7de.html?ftcamp=published_links%2Frss%2Fcompanies_retail-consumer%2Ffeed%2F%2Fproduct</link>
<description>P&amp;G’s future hangs on succession as well as strategy, as the returning chief should know</description>
<pubDate>Fri, 24 May 2013 16:54:22 GMT</pubDate>
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<title>Investors Chronicle: share tips</title>
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<description>Share tips and a sector focus from the FT’s sister publication</description>
<pubDate>Fri, 24 May 2013 16:52:17 GMT</pubDate>
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<title>Louis Vuitton designs its own slowdown</title>
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<description>LVMH chief says the market has overreacted to its luxury brand as the group purposely puts brakes on rapid expansion to prevent overdistribution</description>
<pubDate>Fri, 24 May 2013 16:37:44 GMT</pubDate>
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<title>Wall St welcomes Lafley’s return to P&amp;G</title>
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<description>World’s biggest consumer goods maker by sales said the departing Bob McDonald, a 33-year veteran of the company, would not receive severance payments</description>
<pubDate>Fri, 24 May 2013 14:25:31 GMT</pubDate>
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<title>Whirlpool in talks to buy Sanyo stake</title>
<link>http://www.ft.com/cms/s/0/94b77520-c439-11e2-9ac0-00144feab7de.html?ftcamp=published_links%2Frss%2Fcompanies_retail-consumer%2Ffeed%2F%2Fproduct</link>
<description>Purchase, which has agreement of the provincial government, would almost double the US group’s share of China’s washing machine sales</description>
<pubDate>Fri, 24 May 2013 12:04:58 GMT</pubDate>
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<title>Manchester United cuts its debt costs</title>
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<description>Interest payments to fall by about £10m a year after the Premier League champions refinance bond notes in attempt to cut debt pile of £370m</description>
<pubDate>Fri, 24 May 2013 09:00:11 GMT</pubDate>
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<title>Australia’s Crown exits Echo Entertainment</title>
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<description>James Packer’s gaming group sells its entire 10% stake in Australian rival as it focuses on efforts to secure a separate Sydney casino licence</description>
<pubDate>Fri, 24 May 2013 07:34:40 GMT</pubDate>
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<title>Sears suffers falling US sales</title>
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<description>While the past quarter proved tough for many retailers, chief executive Eddie Lampert said that external factors could not be an excuse at Sears</description>
<pubDate>Thu, 23 May 2013 23:17:09 GMT</pubDate>
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<title>Lloyds and BofA owe apology over SJP</title>
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<description>The explanation that the US investment bank had waived its lock-up agreement with the UK bank as it sells a £450m stake has surprised investors</description>
<pubDate>Thu, 23 May 2013 20:29:31 GMT</pubDate>
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<title>Buyout groups target US retailers</title>
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<description>Other potential private equity deals for department stores would be about squeezing greater efficiency out of more mature businesses</description>
<pubDate>Thu, 23 May 2013 18:29:24 GMT</pubDate>
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<title>McDonald’s defends on obesity concerns</title>
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<description>McDonald’s has come under increased pressure in recent years over how its food has contributed to obesity in the US, especially among children</description>
<pubDate>Thu, 23 May 2013 18:02:15 GMT</pubDate>
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