British luxury brand Jaeger reports 22% jump in full year underlying profits, boosted by strong UK and international demand – UK designer Paul Smith signs three-year suit supply deal with Manchester United - J Sainsbury Plc, posts 28.4% jump in annual profits and unveils plans to sell clothing and other non-food items online next year - British Retail Consortium releases figures showing that UK clothing and footwear sales in April fell to worst level for at least eight years - High street retailer Next says warmer weather is helping increase sales after a reported 3.9% fall in revenues during its first quarter – Nicole Farhi receives CBE for services to the fashion industry – M&S reports breaking through the £1billion profit barrier for first time in more than ten years, but also warns of tough times ahead - Discount fashion group Ethel Austin sold to former chief executive of value fashion chain Mk One in move securing around 2,500 jobs - Managing director of Christian Dior Couture, Claus-Dietrich Lahrs, to move to Hugo Boss as member of the Managing Board and CEO from August 2008 - British denim brand Lee Cooper celebrates 100 anniversary by launching exclusive range of products from Braille t-shirts to replica copies of vintage army pants, called the ‘100’ collection - H&M, the Swedish retailer, to open first women-only department store in Saudi Arabia as part of moves to bring more women into the country’s workforce
