A subsidiary of Crew Clothing has acquired Saltrock, a Devon-based leisurewear brand, via a pre-pack deal immediately after it fell into administration on Friday. The deal will save 25 stores and 162 jobs.
The co-founder of fashion brand Superdry is donating a million pounds to the campaign for a referendum on the final Brexit agreement as Britain prepares to outline in more detail how a no-deal outcome would work.
Britain's economy picked up some speed in the second quarter after a sharp winter slowdown in early 2018 but lost momentum in June, underlining its stuttering performance ahead of Brexit in less than eight months' time.
L'Oreal is still struggling to kickstart sales growth at its mass market unit that makes products like Garnier shampoo. Such challenges hit the company's shares on Friday even as its luxury brands posted strong revenues.
A committee of MPs in Britain is recommending that a ban on sales of real fur should be considered after it was found that some real fur products have been labelled as fake fur and sold via a number of big names.