Join Dezeen live from New York as management consultancy McKinsey & Company launches its report The Business Value of Design, which demonstrates how design can help businesses thrive. Watch the event at 9:30am New York time. More
Design is a key driver of business success and is "the only way that companies can stand out from the crowd", according to a report by management consultancy McKinsey & Company. More
Dezeen promotion: US furniture brand Coalesse has moved its design studio from San Francisco to Munich, with the aim to boost its international reach. More
American fashion brand Michael Kors Holdings has acquired Versace, one of the last independent European fashion houses. More
The New York City Economic Development Corporation is searching for prospective candidates to take over management of the annual NYCxDesign festival. More
Irish designer Orla Kiely has ceased trading both online and at her company's three physical stores in London and Ireland. More
Scandinavian lighting brand Louis Poulsen has been acquired by Investindustrial, an Italian investment firm that also owns Flos, B&B Italia and Oka. More
Digital agency AKQA has purchased a majority stake in two companies set up by Barber and Osgerby: Universal Design Studio and Map. More
Co-working company WeWork has announced Danish architect and BIG founder Bjarke Ingels will join the company in the role of chief architect. More
Dutch architect Ben van Berkel of UNStudio has launched UNSense, a startup that will develop technologies to make buildings healthier and cities smarter. More
Scandinavian brand Muuto has been bought by US company Knoll, in a deal that aims to see the company's business double within the next five years. More
Christopher Bailey is to step down as chief creative officer and president of Burberry, after almost two decades at the brand. More
Bloomberg's Norman Foster-designed European headquarters in London "sends a clear message to the world" that the UK capital remains a centre for global investment, said Sadiq Khan. More
The Hyperloop One transport company has been renamed Virgin Hyperloop One, following a major investment from Richard Branson's company. More
The UK's Design Council has weighed in to the debate about the declining number of students taking creative subjects, describing the situation as "not sustainable for design businesses or the UK economy". More
Industrial designer and creative entrepreneur Simon Waterfall has been named creative director of Airbnb's recently launched design and innovation studio Samara. More
A new lobbying body called Fashion Roundtable has been formed to try to influence the UK government during Brexit talks. More
The UK government should fund the development of creative clusters around the country to make the creative industries less London-centric, less white and less middle class, according to an independent review of the sector conducted by TV executive Peter Bazalgette. More
Sarah Douglas has replaced Tony Chambers at the helm of British design magazine Wallpaper*, making her the first female editor in the publication's 21-year history. More
Business is booming for American architecture firms, who say staff salaries are going up as workloads increase and the country's economy makes progress, following a report released by the AIA. More