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Cheap clothes still in vogue in Britain as Primark’s sales rise

  Bloomberg Britain’s biggest discount-clothing chain expects the effects of June’s Brexit vote to start feeding through to apparel prices later this year, though it won’t be the first to act. The owner of the Primark chain made the prediction on Monday as it reported an increase in UK same-store sales for the first half of the financial year. “Pricing ...

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Huawei launches new smartphones, watches

  Bloomberg Huawei Consumer Business Group launched the new HUAWEI P10 and HUAWEI P10 Plus. The highly-anticipated additions to the P series feature a combination of beautiful hardware and the latest advances in software technology. Additionally, the new smartphones feature striking new colors and finishes, and introduce new Leica front and rear cameras with cutting-edge portrait features to make every ...

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Boeing to open first European plant in UK

  Bloomberg Boeing Co. plans to open its first ever European factory in Sheffield, northern England — delivering a vote of confidence in the U.K.’s manufacturing capabilities as the country prepares to exit the European Union. The 20 million-pound ($25 million) facility will supply parts for Boeing’s 737 short-haul workhorse and the 777 wide-body, specializing in actuation systems that extend ...

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