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London Fashion Week blends tweed and Y2K amid economic gloom
London Fashion Week blends tweed and Y2K amid economic gloom
Economy
by  AFP

From tweed to the iconic low-rise jeans of the early 2000s, London Fashion Week unveiled a spectrum of styles on Friday, kicking off its 40th season which has been dimmed by the UK's gloomy economy. And while it remains less prestigious than Paris or Milan, London Fashion Week is celebrated for being freer, more radical, and less formulaic.

US wholesale prices rose more than expected in January
US wholesale prices rose more than expected in January
Economy
by  AFP

US wholesale prices rose more than expected in January, according to government data published Friday, as services costs were lifted by a jump in the index for hospital outpatient care. The "major factor" behind the rise in the services index was the 2.2 percent monthly rise in hospital outpatient care, while a range of other services also rose, the Labor Department said in a statement.