PRESS DIGEST - British business - March 15

The Times

THIRD RESIGNATION AT HUGO BOSS AFTER PERMIRA PUSHES FOR DIVIDEND

Giuseppe Vita, chairman of Hugo Boss's supervisory board, has resigned after a row with Permira, the fashion company's private equity owner. According to a German business magazine, Vita will step down after the company's annual meeting on May 10. Vita's resignation follows those of Bruno Saelzer, chief executive and chairman, and Werner Lackas, a board member, who left after Permira took control of the company last year.

SALES OF AGA OVENS GO OFF THE BOIL

On Friday, Aga (AGA.L: Quote, Profile, Research, Stock Buzz)> revealed plans to pump 3.5 million pounds into marketing its ovens and kitchen furniture with a "Love Aga" advertising campaign, after reporting little sales growth last year. Chief executive William McGrath said: "There's no doubt that we're at the premium end of the market and that's less cyclical, but if people move less maybe they'll spend more money on their home."

REGUS GOES FOR GROWTH AS OFFICE SPACE DEMAND RISES

According to Regus (RGU.L: Quote, Profile, Research, Stock Buzz), demand for serviced office space remains strong and in a period of rapid expansion the London-listed company raised its pre-tax profit by 54 percent to 119 million pounds last year. Chief executive Mark Dixon said: "Business is in excellent shape. We continue to provide very flexible offices. We're very focused on our strategy of measured growth -- not growth for growth's sake." Regus also plans continued investment to expand the business in emerging markets in Africa and Asia.

The Daily Telegraph

INFORMA CHIEF IN LINE FOR EMAP POSITION