The best of the fashion business related headlines from the weekend newspapers...
The Independent on Sunday said that JJB Sports founder Dave Whelan had launched an investment fund to buy into retail properties on the country's high streets. Whelan is reported to have teamed up with Barry Dunn, who quit JJB Sports as property director last month, to set up Wheldone, which will buy into major retail sites and blocks of two to three units.
The Mail on Sunday said that Sir Tom Hunter's plans to donate £1 billion to charities has hit the buffers after the credit crunch impacted his West Coast Capital investment vehicle. Hunter told the newspaper, "I said it was subject to making the money through West Coast Capital - our charitable donations are linked to the money we make. So if we are making less money, donations will be down."
The Mail on Sunday also reported that Asda had launched a £35 tuxedo inspired by the latest James Bond film Quantum of Solace. The tuxedo had satin lapels on a single-breasted lined jacket, slim-fit trousers and satin-covered buttons. The tuxedo is also machine washable.
The Sunday Express reported that Debenhams had seen an early start to Christmas shopping. The department store said that sales of gift items were up by a third on last year - indicating that shoppers were attempting to spread the cost of seasonal shopping.