Italian fashion designers look to China for salvation
Italy's top designer brands are looking to China for salvation this year with revenues falling due to a debt crisis that has cast an air of gloom as Milan Fashion Week kicks off on...
Today's News
Gucci's dark glamour kicks off Milan Fashion Week
Fearless musketeers and seductive water nymphs sashayed down the catwalk at the Gucci show on Wednesday, kicking off Milan Fashion Week with a stunning array of velvet capes and...
NY cotton ends up, Greek debt plan lifts many marts
Most U.S. cotton futures settled higher on Tuesday, rallying with other commodities, especially crude oil, and the euro as investors found relief from European officials' agreement to a...
Huge rare pink diamond found in Australia
Mining giant Rio Tinto said Wednesday it has unearthed a "remarkable" 12.76 carat pink diamond in Australia, the largest of the rare and precious stones ever found in the resources-rich...
Big Wheel: India launches its biggest fashion trade show
Tommy Hilfiger, Pepe Jeans London and Jack & Jones are some of the exhibitors expected at the first edition of Big Wheel. The new tradeshow is the first of its kind following India's new...
Macy's, Saks see sales gains as shoppers trade up
Department store chains Macy's Inc and Saks Inc both expect sales gains this year, helped by improving incomes for both the middle-class and well-to-do who shopped a little more during...
Skechers sees sales plunge in 2011
The American company’s latest financial results have been dragged down by weak sales of its toning footwear in comparison to record growth in 2010, with net sales falling 20% in the space...
Zimbabwe's new fees will cripple mines -industry
Zimbabwe's new mine licence fees and resource rentals will significantly raise the cost of mining and threaten the sector's viability, with as much as 60 percent of mining revenues going...
Bright prints and grunge look rock London Fashion
Vibrant Asian-inspired prints, chiffon dresses with appliquéd velvet and a revived grunge look hit the catwalks on Monday as designers Peter Pilotto, Christopher Kane and Mark Fast...
Androgyny and futuristic fashion light up London
Futuristic designs, bright colours, sequins and androgynous styles dominated the catwalks at London Fashion Week on Tuesday, with designers drawing inspiration for their creations from...
Wal-Mart holiday price cuts hit profits
Wal-Mart Stores Inc's price cuts hurt its fourth-quarter profit and it plans to trim prices further in the coming months, a move that is expected to keep shrinking margins. The company's...
Record gap between highest and lowest UK shop rents
The gap between shop rents in Britain's swankiest and humblest locations is wider than ever, as wealthy international shoppers turn a national north-south divide into a chasm between the...
Cavalli says no sale contact with Tashir
Italian fashion house Roberto Cavalli dismissed a report it was in talks with Russian group Tashir, saying no steps had been taken towards a possible sale. "The Cavalli Group...
UK manufacturing skills a lure for luxury brands
Britain's fashion manufacturing is experiencing a revival as luxury brands clamour to have their products made in a country known for its quality craftsmanship, heritage and history.
Burberry, McQueen mastery defy "quirky London" label
Burberry and McQ by Alexander McQueen turned up the glamour at London Fashion Week with a pair of catwalk masterclasses late Monday that silenced talk of the city as merely the "capital...
Perry Ellis International acquires Ben Hogan
Perry Ellis International, which owns a portfolio of brands including Perry Ellis, Original Penguin, Gotcha and Farah, is strengthening its position in the golf sector by completing the...
Billabong announces the closing of between 100 and 150 stores
Faced with a difficult economic predicament, limping in its traditional arena of sportwear and frought with targeted acquisition rumors, Billabong has opted for tightening its belt by...
Asics asks ‘Are you made of sport?’ in new global campaign
"Made of Sport" is the largest investment to Asics Europe to date. Already broadcasted in the UK and Germany since January, the campaign shows the passion and perseverance of professional...
Tiffany unveils its new precious metal
In honour of its 175th anniversary, Tiffany & Co has unveiled Rubedo: its new pink metal which combines gold, silver and copper.
Hong Kong's Fung Brands buys fashion house Sonia Rykiel
Hong Kong investment firm Fung Brands has bought 80 percent of French fashion house Sonia Rykiel in a partnership aimed at boosting the brand's global presence, the companies said on Monday.
Furry jackets and femininity stalk London's catwalks
Designers Vivienne Westwood, Paul Smith and Matthew Williamson led the fashion pack on the catwalks in London late on Sunday, mixing the baggy and bright with muted colors and tailored...
Christopher & Banks CEO resigns
Women's apparel retailer Christopher & Banks Corp said its chief executive Larry Barenbaum stepped down Friday.
Anglo American dashes special dividend hopes
Global miner Anglo American dashed hopes that it would use cash generated in South Africa to offer a special dividend, instead sweetening its regular payout on the back of a 14 percent...
Italian brands rev up for Milan fashion week
Italy's top luxury brands including Prada, Armani and Fendi take to the catwalks during Milan's fashion week from Wednesday to show off hotly-awaited collections to global fashionistas.
US luxury group Michael Kors eyeing China expansion
Designer apparel and accessories company Michael Kors Holdings Ltd plans to open 100 stores in the greater China region in the next three to five years to tap the burgeoning market for...
Wal-Mart to take majority stake in China e-commerce firm
Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising...
Levi’s Made & Crafted : Miles Johnson in charge of style
Miles Johnson has been responsible for the creative direction of Levi’s Vintage Clothing since 2003. His first collection for Made & Crafted is the Fall-Winter 2012/2013 collection. He...
PPR revamps board to focus on luxury, sport
French luxury and retail group PPR expanded its executive board on Thursday to underscore its focus on luxury brands like Gucci and sports label Puma as it posted slightly...
UK must do more to welcome Chinese: Fashion chief
British Fashion Council Chairman Harold Tillman said on Friday that Britain should be doing more to encourage Chinese shoppers to visit, and more importantly shop in, the capital.
Spain clothes chain Mango expands to Sri Lanka
Spanish high-street clothing chain Mango has opened its first store in Sri Lanka, expanding its worldwide presence to a total of 106 countries.
Westwood, Paul Smith show ladylike fashion in London
Confident, sexy women with an eye for chic but comfortable clothes were the target audience of catwalk shows by British designers Vivienne Westwood and Paul Smith at London Fashion Week...
Stella McCartney hits London with energetic dinner dance
British designer Stella McCartney returned to London on Saturday with a star-studded fashion show featuring jazz, magic tricks and table-dancing models clad in bright marbled prints and...
Green paint and tartans add drama to London Fashion Week
Shimmering like a sea creature, a model wearing glittering green paint, a full-length skirt and a few strategically-placed feathers took to the catwalk Friday on the first day of London...
Talbots gets $75 mln loan from Wells Fargo
Women's apparel chain Talbots Inc , which last month opened its books to a private equity firm, said it secured a new term loan and an amendment to its credit facility.
Ralph Lauren meets 'Downton Abbey' as NY fashion week ends
As runways go, the one at Ralph Lauren's fall-winter show on Thursday, the final day of New York fashion week, was a true stunner.
Milan confirms creation of large fashion centre
The creation of a “large, comprehensive fashion centre” in Milan – a project which appeared to have been abandoned after numerous announcements – is finally going to see the light of day.
Revlon 4th-qtr sales fall
Cosmetics maker Revlon Inc posted lower quarterly sales, hurt by an increase in promotions offered to lure U.S. shoppers to buy its namesake cosmetics brand.
World stage beckons Indian designers
Fashion designers in India, known for shimmering silks and other rich textiles, must be true to their roots and play up these strengths, along with a fine hand for detail, if they aspire...
Passion for fashion sweeps war-weary Afghanistan
A passion for fashion is not the first image that springs to mind when most people think of Afghan men, usually pictured in war reports wearing beards, turbans and carrying AK47s as...
London jeweller eyes $1.0 bln Hong Kong offering
High-end London-based jeweller Graff Diamonds is seeking to raise up to $1.0 billion in a Hong Kong share sale, a report said Thursday.
M.A.C Cosmetics moves to the Champs-Elysées
The cosmetics brand owned by the Estee Lauder group will settle in the fall at 78 Avenue des Champs-Elysées. Spanning 200 square meters, this will be its first French flagship.
Vivienne Tam goes to Shangri-La at NY fashion week
Vivienne Tam set off in search of Shangri-La and reached her destination with one of the strongest collections to hit the runway at New York fashion week.
Jeremy Scott puts Bart Simpson out front at NY fashion week
Bart Simpson made his runway debut at Jeremy Scott's colorful fall-winter show on Wednesday, the penultimate day of New York fashion week, just in time for this weekend's 500th episode of...
S.Korea Jan department store sales fall 4.1 pct y/y
Sales at South Korea's top department stores fell by the most in three years in January, data on Thursday showed, adding to gloom in Asia's fourth-largest economy, which has also recorded...
Diesel Black Gold opens its first store in New York
Diesel’s high-end line has chosen New York for the location of its first ever standalone store. Found at 68 Greene Street in Soho, the 2,500 m2 space will offer the label’s collections...
China to surpass India as top gold buyer
China is set to overtake India as the world's largest gold buyer this year as demand for the metal for jewellery and as a safe-haven investment surges, the World Gold Council said...
North Face owner VF weathers warm winter
At least one cold-weather clothing maker was able to keep its cool during the unusually warm winter this year.
Givaudan says on track despite profit drop
Swiss fragrance and flavour maker Givaudan said it was still on track to meet medium-term growth targets after posting a fall in 2011 net profit due to the appreciation of the Swiss franc...
PPR 2011 profits up as luxury demand defies economic slump
French luxury group PPR posted on Thursday forecast-beating results for 2011 and issued an upbeat outlook, buoyed by strong Asian demand for high-end brands like Gucci. Net profit was up...
Gowns take glamorous cues from bygone eras at Fashion Week
Elegance, sophistication and a touch of mystery dominated the runway at New York Fashion Week as designers took cues from bygone eras to feature glamorous gowns in silk, brocades, lace...