Milan's designers showed next winter will mainly be grey and slimmed down for men, with sober creations that seemed to look for comfort in a chilly economic climate but a spat between two top names heated up the week.
Alliance Boots, Britain's biggest pharmacy chain, saw a 3 percent rise in underlying sales at British shops in December, driven by demand for Christmas gifts, electrical beauty products and toiletries.
South African clothing retailer Foschini Ltd posted an 8.7 percent rise in third-quarter revenue on Friday, in line with expectations, thanks to new stores and a relatively buoyant Christmas. The company said sales rose 9.
A trading update from Wm Morrison next week is likely to see the supermarket emerge as one of the winners of the Christmas period, while one from Kesa Electricals is expected to place it firmly in the losers' camp. On Thursday, Morrison (MRW.
Underwear maker Maidenform Brands Inc (MFB.N) said it would cut about 9 percent of its workforce and forecast lower-than-expected 2008 results, hurt by global economic slowdown and costs associated with restructuring.
Clothing retailer Truworths International Ltd (TRUJ.J) said on Thursday it expects to report a 12-17 percent increase in first-half earnings per share (EPS) as new stores and higher prices boost sales.