Shares in watchmaker Swatch Group fall more than 3 percent, lagging a 0.4 percent rise in the European sector index, as investors take profits and concerns about the impact of the strong Swiss franc weigh.
The North Face has announced that it aims to double its sales turnover by 2015. The American brand, that offers outdoor gear and wear, hopes to expand its presence, particularly in Asia, and to strengthen its retailing network.
German lingerie group Schiesser has emerged from insolvency proceedings as it prepares to float on the Frankfurt Stock Exchange in the second quarter of 2011, according to a company statement issued on Tuesday.
French regulators will consider on Thursday whether Hermes family shareholders can pool holdings as a takeover defence without having to make a bid of their own, according to a person familiar with the matter.