American fashion designer, philanthropist and billionaire businessman
Independent reports that Not On The High Street has brought on celebrity investor as non-executive director and equity stakeholder, aiming to steer a turnaround under new ownership. The move follows years of declining sales and a refocus on UK-sourced, artisanal products amid competition from Temu and Shein.
Lewis Hamilton wins at the Barcelona-Catalunya Grand Prix for Ferrari, ending a long drought and narrowing Kimi Antonelli’s championship lead. The race features a three-stop Ferrari strategy, Antonelli’s retirement late on, and an all-British podium with Russell second and Norris third.
A wave of polo shirts is shaping fashion and public life. From football managers and politicians to celebrities, the polo is crossing borders and industries. Sales and social buzz point to a sustained revival driven by preppy styling and casual formality.
Britain's homegrown tennis pipeline faces scrutiny as the Wimbledon dream for wildcard Arthur Fery collides with a wider crisis in British tennis. Meanwhile, Jannik Sinner wins the men’s final and Jennifer Lopez draws attention with a controversial hat.
Tokyo is debating allowing shorts in offices as part of the Cool Biz drive to beat heat and cut energy use; opinions are divided, with concerns about gender fairness and leg hair etiquette. A June Gorilla Clinic survey shows both support and opposition among workers, amid rising summer heat and energy costs.
Tokyo has introduced a policy allowing shorts, t-shirts, and trainers as part of its summer work attire under the "Tokyo Cool Biz" initiative. The change aims to cope with extreme heat while curbing energy use, though reviews are divided—some applaud comfort, others raise concerns about fairness and legibility of dress codes.
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners. The deal will complete in February 2027 with full separation by 2029. Argos will continue to operate normally during the transition, and staff will transfer to Swift. The move allows Sainsbury’s to focus on its core groceries business.
Ralph Lauren has delivered better-than-expected earnings and revenue, pushing shares higher. CEO Patrice Louvet has steered the brand toward growth through brand elevation, new product lines, and a focus on full-price selling in key markets.
The Treasury has expanded its bond-buyback program to support longer-dated debt, but yields on the 10-year and 30-year Treasuries have remained elevated as debt levels and deficits draw scrutiny. Investors are weighing the impact on mortgages, AI infrastructure funding, and policy uncertainty across multiple outlets.