UK clothing firm to list on Icelandic Stock Exchange
{{date|May 3, 2005}}

Mosaic Fashions, a [[United Kingdom|UK]] clothing firm, is set to make history as it becomes the first foreign company to list on the [[w:Kauphöll Íslands|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 ''[[w:Baugur|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).

==Sources==

*{{source|url=http://news.bbc.co.uk/1/hi/business/4508501.stm| title= Clothing firm to float in Iceland | author= |pub=BBC News|date=May 3, 2005}}
*{{source|url=http://business.scotsman.com/retail.cfm?id=473412005| title=Mosaic fashions Iceland move | author= |pub=The Scotsman|date=May 3, 2005}}
*{{source|url=http://www.money.telegraph.co.uk/money/main.jhtml?xml=/money/2005/05/03/cnreyk03.xml&menuId=242&sSheet=/money/2005/05/03/ixfrontcity.html| title=Mosaic could set a trend with Icelandic float | author=Harry Wallop |pub=The Telegraph|date=May 3, 2005}}

  
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[[Category:Iceland|Icelandic]]
[[Category:Europe]]
[[Category:United Kingdom]]
[[Category:Iceland]]
[[Category:Economy and business]]
[[Category:published]]
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).
Iceland|Icelandic Europe United Kingdom Iceland Economy and business published