The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — UK stocks retreated in line with their European peers, extending their weekly decline, with energy stocks falling amid lower crude prices.
BP Plc and Royal Dutch Shell Plc contributed the most to losses among oil companies as crude trimmed a weekly gain. Burberry Group Plc slid 2.2 percent, for the biggest drop on the benchmark FTSE 100 Index, following a report that it cut prices in Hong Kong and China because of weakness in the British pound. Sports Direct International Plc rose 2.3 percent after saying it will buy back about 5 percents of its shares.
The FTSE 100 fell 0.3 percent to 6,841.03 at 8:08 a.m. in London. Shares yesterday capped their first back-to-back advances since mid-August.
The FTSE 250 Index of small-cap shares slid 0.4 percent today, after yesterday closing at its highest level since June 2015. The FTSE Small Capitalisation Index Ex Investment Trusts slipped 0.2 percent from a record. The regional Stoxx Europe 600 Index dropped 0.4 percent.
By Alan Soughley; editors: Cecile Vannucci and Alan Soughley.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.