An independent environmental study carried out for jewellery company Pandora has shown that the impact on nature can be reduced to less than 5% when using recycled gold and silver rather than the mined alternative.
Flash sales specialist MySale should have brought a smile to the face of Sir Philip Green on Wednesday. A day after he paid £363m into the BHS pension fund, Green's investment in the e-tailer appeared to be paying off.
The company met the top end of its earnings guidance with net income of $120.9 million and $2.03 per diluted share. Sales fell slightly in the fourth quarter and fiscal year 2.3% and 0.4%, respectively.
Burberry shareholders had plenty to smile about Tuesday as the the share price rose strongly on the back of news that Albert Frère had acquired 3% stake in the UK luxury firm. They rose 6% at one point.
The week to 25 February 2017 saw a 3.1% decline in sales at John Lewis, dragged down by a fall of 7.8% in Fashion sales as the comparable period included a special price promotion action which was not repeated this year.
There was bad news for fashion stores hoping to see an uplift in sales Tuesday as a key consumer confidence index fell again in February after also starting the year down. Consumers are becoming more cautious.
In a year that is seeing a number of UK brands possibly changing hands, the latest is Jones Bootmaker. It has been put up for sale by owner Alteri despite a recent management change and investment in its web offer.
The Australian apparel retailer on Tuesday said it is uncertain if the takeover offer received by Harrods' Middle Eastern investor Al Afia will go ahead, after posting a 37% gain in first-half profits to $12 million.