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Mosaic stressed at the time that Baugur's woes would have no effect on its day-to-day business.

The whole collection has a sutble 70s vibe, that should you not have taken on the trend yet, you might be tempted by this lot.Look out for suede, fringing, mid-length dresses and pussy bow details.The firm has put in place measures to conserve cash such as tighter stock control and shifting most of its stores to monthly rental payments.It posted underlying earnings of £71.9 million in the year to January 2008, although it warned of a worse result this year following the retail and banking turmoil.Kaupthing, which was nationalised after the Icelandic banking crisis last autumn, is currently waiving interest and capital repayments on Mosaic's £400 million debt while restructuring talks are on going.

A Mosaic spokesman declined to comment on the reports, but he said talks with Kaupthing were progressing well.Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly.We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention.But its not just coats and tailoring at Karen Millen, the accessories are always on our must have list too.This season, it’s all about a chunky biker boot, a classic style that’s harder than you think to find on the high street.The trench coat, as ever, is a hero buy for AW15, and comes in the form of a green satin style, perfect for day or night.