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Ikea buys on-demand help startup TaskRabbit

Ikea has announced a deal to acquire on-demand help startup TaskRabbit as the world's largest furniture retailer grabbed a seat in the online sharing economy...

29 Sep 2017


Michael Kors buys Jimmy Choo for £900m

US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million...

25 Jul 2017


Four key trends of African design in 2017/18

WGSN, a London trend forecasting company for fashion, unveils four key trends of African design in 2017 and 2018...

25 Apr 2017


London Fashion Week shake up tradition with mixed catwalks

LONDON - Men and women are sashaying down catwalks together at London Fashion Week, in a shake-up of tradition backed by celebrated designers including Vivienne Westwood...

10 Jan 2017


Designer Stella McCartney unveils first menswear collection

LONDON - Fashion designer Stella McCartney unveiled her first menswear collection on Thursday at London's famous Abbey Road recording studio, where she promised men a more free and fun wardrobe...

14 Nov 2016


Burberry sees UK sales sparkle on Brexit-hit pound

LONDON - Luxury fashion giant Burberry, famed for its designer handbags and trenchcoats, said Tuesday that British sales have soared since the Brexit vote as tourists took advantage of the plunging pound...

19 Oct 2016


Burberry sees return to sales growth in China

LONDON - Luxury fashion group Burberry on Thursday announced a return to retail sales growth in China despite an economic slowdown, boosting overall results in its third quarter...

15 Jan 2016


M&S boss to quit as clothing sales fail to recover

LONDON - Marks & Spencer (M&S) CEO Marc Bolland will step down after failing to revive clothing sales in almost six years at the British retailing bellwether...

By Sam Chambers 8 Jan 2016


M&S posts falling net profit, clothing sales

LONDON - British retailer Marks and Spencer, regarded as a barometer of UK consumer demand, posted sliding net profit on Wednesday on tumbling clothing sales and a poor international performance...

5 Nov 2015


Adidas defend controversial Manchester United women's shirt

LONDON - Manchester United kit maker Adidas has been forced to defend its controversial new shirt designed specifically for female fans of the Premier League club...

5 Aug 2015


Jimmy Choo in London IPO for Asia growth

LONDON, UK: Shoemaker to the stars Jimmy Choo unveiled plans for a London stock market listing valuing it at up to £800m. The money will be used to fund expansion in Asia.

25 Sep 2014


Kingfisher appoints French CEO: company

LONDON: British group Kingfisher, Europe's biggest home-improvements retailer, announced on Wednesday, 10 September, that French national Veronique Laury is to become its chief executive officer, replacing Ian Cheshire who is retiring.

15 Sep 2014


Burberry profits fall to £85m

LONDON, UK: British luxury clothing and accessories firm Burberry on Wednesday said its net profits slumped by more than a quarter in the group's first half following a sizeable one-off charge.

8 Nov 2012


Controversy over Newcastle's deal with Wonga

English Premier League side Newcastle United on Tuesday unveiled a sponsorship deal with loans company, sparking criticism and concern because of the firm's reputation for charging sky-high interest rates.

22 Oct 2012

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