Kurt Geiger, the footwear retailer, recorded modest profits with a rise of 3.7 per cent for the year to 31 January of GBP101.6 million. The group, whose standalone stores stock own label in addition to designer brands, further operates concession in Harrods and Selfridges.

Philip Green has dropped his plans to bid for Marks & Spencer after Stuart Rose convinced enough shareholders it can turn the company around. Green, owner of Bhs and Arcadia, conceded in a statement on Wednesday evening that he "will not gain the cooperation of the board" in time to meet the August […]

Mothercare has continued to see sales increase across its new financial year as it programme of new product ranges and store revamps pays off. Chairman Ian Peacock told shareholders: "Current trading so far in the financial year to March 26 2005 continues in line with expectations, with UK like for […]

Retail tycoon Philip Green last night dramatically dropped his £9.1bn bid for Marks & Spencer, blaming the retailer's board for blocking a formal offer. Mr Green walked away after nearly 3,000 small shareholders offered almost total support to the board at the M&S annual meeting in London. […]

Italian fashion house Benetton is defending itself against allegations of taking 385 hectares of land from indigenous people in Patagonia. In a letter to the high street retailer, Argentine Nobel prize winner, Adolfo Pérez Esquivel, attacks the company's chairman over his family's eviction of […]

Ice ice baby. This autumn, no cocktail drink is chic enough without ice cubes carved in Gucci's G logo. The Italian fashion house has come up with its most chilling accessory to date - logo'd ice cube makers. Watch out, too, for gold-plated Louis Vuitton paperclips and Dolce & Gabbana mouse-mats. […]

Britain's largest shareholder group is recommending that its members vote Burberry chairman John Peace off the board of the luxury goods company. The National Association of Pension Funds (NAPF), whose members manage assets worth GBP600m, is angry that Burberry has ignored best corporate governance […]

Marks & spencer is launching a new marketing campaign, 'Your M&S', which will focus on promoting the core brand. Executive Stuart Rose is to focus firmly on the core brand, which M&S said is one of the strongest in the UK and is trusted by customers, but seen as 'formal, middle class and […]

Fans of Jennifer Lopez will be able to buy her underwear range online under a deal this week with internet retailer Figleaves.com. It will be confirmed that Figleaves has joined the exclusive band of profitable etailers by reporting the first full year profits of its UK arm.

Kangol, the headgear brand favoured by Madonna and Samual L Jackson is for sale for an estimated GBP30m. The British brand, owned by Kleinwort Capital and founded in 1938 by Polish-French immigrant Jacques Henry Sergene, is likely to draw interest from the likes of Nike and Adidas.

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