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Finance

Model agencies

Top model agencies fined £1.5m for price collusion

Five of the UK's top model agencies have been found guilty of price collusions by the Competitions and Markets Authority (CMA) and fined a...
Regent Street

Pre-Christmas discounts reach record high

British consumers will be able to take advantage of another year or record pre-Christmas discounts by retailers with price cuts already averaging 43%. According to...
YNAP

Online spend to hit £805m on Christmas Day

British consumers are set to spend £805.1m online on Christmas Day, up 10.1% on 2015. Online retailers associaton IMRG (Interactive Media in Retail Group) also estimates...
Zara Inditex

Inditex nine-month sales up 11%

Zara owner Inditex has posted sales up 11% at €16.4bn in the first nine months of 2016 while net profit for the period was...
PrettyLittleThing Boohoo

Boohoo ups guidance and acquires PrettyLittleThing

Young fashion etailer Boohoo had upgraded the guidance on its revenue growth for this year and announced the acquisition of fellow fast-fashion brand PrettyLittleThing. The...
SilkFred

SilkFred planning £100m float

SilkFred, the online platform for independent fashion brands, is reported to be planning a float that would value the business at £100m and deliver...
ASOS

ASOS to create 1,500 jobs at London HQ

Young fashion etailer ASOS is to create 1,500 jobs at its London HQ over the next three years. The business already employs 2,500 staff at...
Mulberry

Mulberry sales up 10% following Johnny Coca debut

Mulberry sales were up 10% to £74.5m in the six months to the end of September following a positive response to the brand's new direction...
Joules

Joules sales up 14.2% in transformational year

British fashion and lifestyle brand Joules has posted sales up 14.2% to £131.3m, and underlying pre-tax profits up 41.5% to £7.5m, in what it...
Regent Street

West End to contribute £11bn to economy by 2020

London's West End is on course to contribute £11bn in GDP by 2020 making it the world's most valuable shopping district. According to New West...
Burberry

Burberry spurns multiple takeover approaches from Coach

Burberry has batted away several take-over approaches from US group Coach in recent months, according to well-placed sources. The FT has reported that a merger...
Marc Worth Stylus

Marc Worth’s Stylus secures backing from Investec

Marc Worth's Stylus Media Group (SMG) has secured "significant investment" from Investec Private Capital to fund expansion. The London-based innovation and advisory group, which was...