Laura Chesters

Laura Chesters is a business reporter and covers the consumer, food, drink and luxury goods sectors on the business desk at The London Evening Standard, i, The Independent and The Independent on Sunday

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Market Report: Drax loses power after decision to cut subsidies for the coal-fired power station

Drax lost power yesterday after the Court of Appeal backed the Government’s decision to cut subsidies for the coal-fired power station.

Market Report: Shire tumbles amid concerns of new restrictions on American corporates buying overseas companies

Concerns that the M&A boom could be over worried the City yesterday.

Logo fatigue hits Prada as sales slowdown to three-year low

Italian designer Prada is the latest luxury group to be knocked off its pedestal by waning demand for big labels.

Coach sales decline but Chinese market helps offset losses

Demand for leather handbags in China has helped Coach off-set dwindling sales in its home market in the US.

Anya Hindmarch

Anya Hindmarch sells of slice of fashion brand to Qatari investors

Her handbags are a favourite with Beyoncé and Alexa Chung

Victoria’s Secret not in the pink after losing court battle for trademark

Court rules Victoria’s Secret’s use of the name Pink in the UK infringes on Thomas Pink’s trademarks

A model wears a creation for Gucci women's Fall-Winter 2014-15 collection, part of the Milan Fashion Week

Gucci’s profit hit by fashion for exclusivity

Kering’s plan to turn Gucci around as an ultra-luxury brand has hit first-half sales and profit at the designer.

Reckitt Benckiser to spin-off heroin treatment drug in £3bn deal

RBP, based in the United States, makes up around 7 per cent of RB’s sales

Burberry is opening new stores in San Francisco and Los Angeles this autumn

British fashion goes where food failed in America

From discount to luxury, UK brands are vying to conquer the States. Laura Chesters asks if they can succeed in a graveyard for our retailers

Middle East tourists are the real big spenders

Tourists from the Middle East are the biggest spending shoppers in Britain, according to a survey showing Kuwaitis and Qataris pay out an average of £3000-£4000 per visit.

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Day In a Page

The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'