Britain agrees to sale of Eurostar stake to British, Canadian funds


LONDON - Britain agreed to sell its 40 percent stake in the Eurostar rail link for 585 million pounds to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes.

SuperGroup's finance chief quits after being declared bankrupt 25 Feb 2015

LONDON - SuperGroup Plc , the owner of the Superdry fashion brand, said on Wednesday its finance chief Shaun Wills had quit after being declared bankrupt two weeks ago.


Designers dabble with decades at London Fashion Week 24 Feb 2015

LONDON - Designers dabbled with different decades for inspiration at London Fashion Week, offering a heady mixture of patterned flares, oversized sheepskin jackets and printed mini-dresses in their latest collections. | Video


London designers pin hopes on next generation of online shoppers 22 Feb 2015

LONDON - Britain's designers took to the stage at London Fashion Week over the weekend to showcase modern elegance and eclectic design, amid hopes the next generation of online shoppers would help boost sales in coming years.


Prada vows to watch costs after 2014 sales drop one percent 22 Feb 2015

MILAN - Italian luxury fashion house Prada reported a 1 percent dip in annual revenue on Sunday and said it would have to contain costs as growing retail sales in the Americas and Japan failed to offset declines in Greater China and Europe.


With eye on Oscars, Tom Ford shows latest collection in Hollywood 21 Feb 2015

LOS ANGELES - When Tom Ford learned his upcoming London Fashion Week runway show was scheduled for the day after Hollywood's Oscars night, where celebrity fashion on the red carpet is closely watched, he made a quick decision to make sure all eyes were on him.


London's fashion pack turns focus to business for online sales 20 Feb 2015

LONDON - Britain's emerging talent kicked off the first day of London Fashion Week with designs featuring oversized coats, geometric shapes and voluminous skirts, amid hopes online demand for luxury goods is growing stronger. | Video


Designers spin '70s vibe for winter looks at New York Fashion Week 19 Feb 2015

NEW YORK - Hemlines fell, sultry dresses hugged the body and tailored coats with generous fur trim oozed elegance on the runway as designers at New York Fashion Week spun a retro 1970s look with sleek silhouettes for their 2015 fall/winter collections. | Video


Can Ferrari really cut it in luxury beyond supercars? 13 Feb 2015

MILAN - Ferrari faces a battle to persuade investors that it should be priced as a high-flying luxury goods stock, given a carmaker's margins and the heavy investment required to make its prancing horse logo a big attraction on other exclusive lines.


L'Oreal upbeat for 2015 after fourth quarter sales beat forecasts 12 Feb 2015

PARIS - L'Oreal on Thursday posted forecast-beating fourth-quarter comparable sales growth, driven in part by strong demand for its luxury fragrance and cosmetics brands such as Yves Saint Laurent and Armani.