Sunday 30 August 1998
n ASDA AND TESCO both defied the European Court of Justice's ban on their selling cut-price designer goods in stores. Asda brazenly ran a free coach service to its sale from outside Harvey Nichols in Leeds while Tesco said that its two new supermarkets would be selling brand-names at much-reduced prices. (Sources: the Express, the Daily Telegraph and The Independent)
n GUCCI AND LVMH (owners of Louis Vuitton and Christian Dior) have seen their share prices slide as the financial climate in the Far East worsens. Donna Karan and Tommy Hilfiger have also seen share prices plunge below levels at which the companies floated. (Source: the Observer)
Life & Style blogs
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
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