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Work begins on ‘ambitious’ Oxford Street revamp

Work has begun on an “ambitious” renovation of London’s Oxford Street and the surrounding area. Westminster City Council announced plans last month to “revive” the luxury shopping hotspot which has been hit hard by store closures and plummeting footfall during the pandemic. The council said it has already invested 150 million pounds into the...

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Business

American Apparel files for Chapter 11 once more

London - American Apparel has voluntarily filed for Chapter 11 bankruptcy protection in the United States once more, less than a year after it emerged from its first filing under court protection. The second bankruptcy comes as American Apparel agrees to sell its its global intellectual property rights related to the brand and certain assets to...

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