Designer collaborations are helping Hennes & Mauritz rise above a reputation for cheap chic, but the world's second-biggest clothing retailer could do more to entrench that upmarket lift and defend its shrinking margins.
British billionaire Philip Green, owner of the Arcadia stores group, would listen to what any putative bidder for his loss-making BHS department stores chain has to say, he said, while confirming no talks are underway.
The model - who designed for the high-street retailer between 2007 and 2010 – is reportedly working on a line with creative director Kate Phelan and stylist Katy England. The collection is due to launch in April 2014.
There was something for everyone at London Fashion Week on Sunday, with fantasy gowns from Temperley London, cool elegance from Paul Smith and a vision of long summer days and heady nights from Topshop Unique.
Topshop billionaire Philip Green has joined the debate on the levying of local property taxes in Britain, arguing reform is crucial if traditional retailers are to compete fairly with pure online players.