Coats Group, the leading manufacturer of sewing thread and supplies, shrugged off ongoing pricing pressures and a continued mix demand from clothing retailers as it announced a 2% increase in sales on Thursday.
An emerald and diamond necklace set with the largest flawless white diamond ever to come to auction has sold for a world record 33.5 million Swiss francs (£25.82 million), the star lot at a Geneva sale, Christie’s said.
Outlet centre giant McArthurGlen saw sales rising fast in the last year as tourists from outside of Europe and price-conscious locals bought into its offer while higher-end new brands signed up to its malls
UK retail continued to confuse in October with falls and rises by volume and value, the ONS said. Fashion struggled, although online sales continued to rise but belt-tightening meant more second-hand sales.
London’s West End has continued to see major brand investment this year despite the volatile UK economy and shaky footfall in the Greater London area generally. 2017 store debuts have already beaten last year's total.
Underwear-to-active brand Björn Borg said that sales and operating profit both rose in the latest quarter to the end of September as the firm ramped up its PR efforts and they've paid off with a boost from Lady Gaga.