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Former supermodel Yasmin LeBon, wife of Duran Duran’s Simon LeBon, is launching her first fashion collection for British store Wallis. Yasmin was asked to do the collection by Sir Philip Green, the billionaire owner of Topshop, Wallis and many other retailers, who spearheaded the Kate Moss Topshop collection. In this video, Yasmin talks about her new venture. Take a look:

• Yasmin LeBon Launches Fashion Line With Sir Philip Green (shoppingblog.com)
• Sir Philip Green warns that retailers will find the final quarter tricky (telegraph.co.uk)

Most fashion retailers source goods from abroad and have been hit by the weak pound. The result is that they will have to pass on cost increases to customers through higher prices. Sir Philip also said that the re-imposition of VAT to 17.5pc at the end of the year could affect trade.

“The big unknown is the back quarter. We’ve got currency, VAT coming back and other things coming through,” he said.

He added that “you can’t not be worried about unemployment”, even though consumer confidence remains “unknown”.

The fashion entrepreneur, who was speaking at an end of year awards ceremony at the Fashion Retail Academy in London, said that recent trade has been buoyed by the warm weather.

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