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UK clothing firm to list on Icelandic Stock Exchange

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Tuesday, May 3, 2005

Mosaic Fashions, a UK clothing firm, is set to make history as it becomes the first foreign company to list on the Iceland Stock Exchange (ISE).

Mosaic, which owns the clothing brands Oasis, Karen Millen, Coast and Whistles, operates 600 stores and is majority owned by retail investment group Baugur. Mosaic employs approximately 5,400 staff throughout the UK and Ireland.

The exchange was founded in 1985 and has since grown to encompass 34 firms with a combined value of over US$21bn (€16.3bn; GBP11.1bn).

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  This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License
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