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Luxury house makes first external hire to the role since Karl Lagerfeld

Fashion house also plans more acquisitions to further integrate its supply chain

Accounting bodies warn that most of government’s planned reforms would be counter-productive

Opera Gallery grows in London; report finds UK market at risk in competitive field; star scientist leaves Sotheby’s

UK broadcaster blames need for cost reductions on steep falls in traditional advertising market

Publicly owned, commercially funded broadcaster facing ‘market shock territory’, chief executive tells MPs

UK broadcaster blames need for cost reductions on steep falls in traditional advertising market

Move designed to maintain media plurality as broadcaster seeks to boost finances by producing its own programmes

Hedge fund manager becomes bullish on industry as rush into risky wagers boosts profits

Hedge fund manager rethinks his pessimism about online sports betting