The UK's Financial Reporting Council has fined accountants KPMG three million pounds and reprimanded and fined a senior partner for misconduct related to auditing of British fashion retailer Ted Baker's accounts.
Walmart Inc has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of tariffs on Chinese products proposed by the Trump administration.
British retail sales grew faster than expected last month, after hot weather and the World Cup continued to boost food sales and shoppers took advantage of extended discounts on clothing and online sales.
China's retail sales rose 8.8 percent in July from a year earlier, below an expected 9.1 percent and down from 9.0 percent in June, in a further sign of softening demand in the world's second-largest economy.
They may feel aggrieved at not obtaining an official seal of approval, but traditional Romanian dressmakers are riding a wave of demand for their folk designs after Dior inadvertently showcased their craft.
British women are spending more than ever on skincare, according to new research. A report from market research company Mintel has found that British women spent a whopping £1.15 billion on facial skincare in 2017.
Britain's economy picked up some speed in the second quarter after a sharp winter slowdown in early 2018 but lost momentum in June, underlining its stuttering performance ahead of Brexit in less than eight months' time.