Italian fashion brand Roberto Cavalli said it will open 85 new stores in China within the next five years under a deal signed on Tuesday with Shanghai-based retail giant UCCAL Group.

The company will open its first stores under the new deal in Beijing and Shanghai between late 2011 and early 2012, it said in a statement.

Crooning of love, Iraq's most famous singer returned to Baghdad on Monday after 14 years abroad to be named a Goodwill Ambassador for the United Nations children's fund, UNICEF.

Kadim al-Sahir said as a Goodwill Ambassador, he would inspect villages and schools.

The sultry South American tango is winning a big following in South Korea, and Seoul's third festival celebrating the passionate dance drew an international cast of enthusiasts.

Dancers from Hong Kong, Australia, Japan, Singapore, Taiwan, China, Canada and Argentina got into the swing with scores of Koreans for the Seoul Tango Festival from May 5-9.

Former California Gov. Arnold Schwarzenegger and his wife of 25 years, Maria Shriver, announced Monday that they are separating.

The statement, issued by a spokesman for Schwarzenegger, said the two were working on the future of their relationship while living apart and they would continue to parent their four children together.

Two dresses worn by the late princess Diana were sold at an auction house in Beverly Hills Sunday for a total of $276,000, the seller announced.

According to Julien's auction house, the first dress -- a black crepe evening gown with diamante paste embroidery on the short-sleeved top inspired by Indian motifs -- went for $144,000.

The creators of Hello Kitty, Japan's world-famous cartoon icon of cuteness, will build a theme park in China -- the first on foreign soil, state media reported Monday.

The Hello Kitty-themed amusement park will be in the city of Anji in east China's Zhejiang province, the Xinhua news agency said, citing an agreement between Sanrio Co and its Chinese partner.

The epic hero tale "Thor" roared to the top of the box office, tearing down last week's number one "Fast Five" at the start of Hollywood's summer's blockbuster season, preliminary data showed Sunday.

Starring Chris Hemsworth as powerful warrior Thor banished to Earth from the mystical world of Asgard, where he meets human love interest Natalie Portman, the big budget film reaped $66 million in North American theaters.

Spanish firm Puig, owner of couture labels Nina Ricci and Paco Rabanne, said Tuesday it had taken a majority stake in French fashion house Jean Paul Gaultier, whose namesake creator retains artistic control.

Puig paid 16 million euros ($24 million) for Hermes' 45 percent stake while the flamboyant 59-year-old couturier, who owned 55 percent stake in his own brand, also sold an unspecified stake.

French fashion legend Pierre Cardin is ready to sell his group and will seek one billion Euros (1.4 billion dollars), he said in an interview with the Wall Street Journal published Tuesday.

"I want to sell it now," Cardin, 88, told the U.S. business daily. "I know I won't be here in a few years and the business needs to continue."

It is only a matter of time before Osama bin Laden's killing by crack U.S. forces is made into a Hollywood film -- and one Oscar-winning director could be ahead of the game, reports said Monday.

Kathryn Bigelow, who won an Academy Award for her 2008 film "The Hurt Locker," was already working on a movie about the Al Qaeda leader's death -- which she could still re-think after Sunday's covert operation in Pakistan.