Two of Britain's biggest clothing retailers reported lower annual profits and weaker recent trading on Tuesday as turbulence in financial markets adds to the pressure on shoppers from high food and fuel costs.
US fashion critic Richard Selzer, famed for an annual international "worst dressed" list which he penned as "Mr. Blackwell," died here at the age of 86, The Los Angeles Times reported Monday, October 20th.
VF Corp reported a better-than-expected third-quarter profit on Friday as strong sales of its outerwear and fashion clothing brands offset declines in the manufacturer's jeans and sportswear businesses.
Russia, the fourth largest luxury goods market and one of the world's fastest growing, is being hit by the financial crisis, the managing director of the country's biggest luxury goods group, Mercury, told Reuters.
As Icelanders suddenly find themselves in the eye of the global financial storm many are seeking stability and solace in luxury goods like Rolex watches, which unlike their plunging currency are unlikely to devalue.
Leanne Marshall, a soft-spoken designer from Portland, Oregon, won the fifth season of the U.S. fashion reality show "Project Runway" on Wednesday, October 16th in the hit Bravo show's first all-female finale.