The Evening Standard said on Friday that future funding of London Fashion Week by the London Development Agency could be under threat after it abandoned plans to ban size zero models from its catwalks. The newspaper reported that the LDA had stipulated measures were introduced to ensure models were not sacrificing their health to meet an aesthetic ideal that was impossible for most people to achieve naturally. The current funding deal with the LDA has two years to run but Liberal Democrat Dee Doocey, who heads up economic development, culture, sport and tourism at the London Assembly and who was at the forefront of moves to safeguard models' well being, told the paper she will be raising the issue as a "matter of urgency" with London Mayor Boris Johnson and the LDA.
The Mail on Sunday reported that tailor Ozwald Boateng and his company Bespoke Couture were being sued by legal firm Dean & Dean for failing to pay more than £90,000 in legal services fees. Dean & Dean represented Boateng in his long-running law suit with brand management group Marchpole. Marchpole and Boateng settled out of court in January of this year.
The Sunday Telegraph said that Tesco was in talks for a sale and leaseback deal on a dozen of its largest stores which could help it raise £500 million. The proceeds are expected to be used to reduce Tesco's debt.