The British Property Federation said some of its landlord members had agreed a plan to help retailers cut costs and meet quarterly rent payments after complaints the existing system was causing cash-flow problems.
Retailers must offer value for money, though not necessarily the lowest prices, and dare to be different if they are to survive a deepening economic recession in Britain, according to top industry executives.
Fashion retailer New Look said underlying UK sales rose 2.8 percent in the 14 weeks to January 3 and that it planned to invest in new stores in 2009 despite an expected deterioration in market conditions.
John Galliano's show for Christian Dior on Monday, on the first day of couture week, paid an exuberant tribute to the master, much to the delight of the hundreds of guests invited to the event at the Rodin museum.
Legendary dandy Oscar Wilde once declared "One should either be a work of art or wear a work of art," a sentiment endorsed by designer Christian Dior, who acknowledged dandyism as a significant influence on his fashion.
It was the hottest ticket in town on Monday, July 2nd night. Over a thousand guests, press and celebrities converged on the Chateau at Versailles for a birthday bash to mark sixty years since Christian Dior founded hi...