The top fashion business-related headlines from the weekend’s newspapers…
Chloe Green, the 18-year-old daughter of Topshop billionaire Sir Philip Green, is planning to follow him into fashion, according to the Mail on Sunday. She is thought to be designing her own clothing range with her father’s support.
Claudia Sträter and Rianne de Witte are the latest labels to join Made-By, the not-for-profit ethical fashion labelling organisation. TheIndependent on Sundayreported that the organisation has now signed up 35 brands across Europe, all of which meet sustainability standards set by the organisation and continue to monitor their supply chain. Both Claudia Sträter and Rianne de Witte will also show at London Fashion Week, which opens on Friday.
New York Fashion Week
Hems were rising on New York Fashion Week catwalks. The Sunday Telegraphreported that Michelle Obama’s favourite designer Jason Wu raised hemlines to thigh-skimming levels, as did BCBG Max Azria, Michael Angel, British label Preen and Chushnie & Ochs. This bucks the usual trend for hemlines to drop during a recession and rise again when the economy is strong. New York Fashion Week runs until Thursday.
Debenhams is expected to signal the restart of its store refurbishment programme this week, when it announces year-end trading figures tomorrow, the Mail on Sundayreported.
The Mail on Sunday also reported that SFO investigators believe crucial evidence in their probe in to Sports Direct and JJB is to be found in the archives of Icelandic bank Kaupthing and are to send a team to Reykjavik to probe the record of the failed lender.
The Sunday Times reported that one of the biggest shareholders in JJB Sports – US-based fund Harris Associates – has welcomed the OFT investigation.