As London Fashion Week comes to a close, young designers remain adamant that Britain's capital is still the best place to get into fashion, with ethical concerns put at the center of many new collections.
Danish jewellery maker Pandora launched on Monday an up to $2.16 billion initial public offering of stock, consisting mainly of a sell-off by private owners and marking a further recovery in European IPOs.
Italian fashion company Prada said Friday its net profit in the first half of 2010 nearly quadrupled thanks to strong demand for luxury goods in Asia and sales at Prada-run stores.Profits in the first six months grew by 274.
Andrew Maag is promoted to President of Burberry Europe, succeeding now retiree Joy Frommer. For the last 4 years he has been Senior Vice-President of Menswear. This former role is extended and taken on by Paul Price.