Designers must innovate to attract recession-hit shoppers and create the kinds of upbeat and colorful collections that will lure spenders, retail buyers said as they head into London Fashion Week.
Hanesbrands Inc said it agreed to sell three of its yarn manufacturing plants to privately held Parkdale, and shut a fourth plant and two warehouses.
LVMH Moet Hennessy Louis Vuitton said that a Paris tribunal found eBayliable for brand counterfeiting, and ordered the Internet auction and retail company to pay the French luxury brand 80,000 euros (72,359 pounds).
The global luxury goods market is still challenging, but British fashion label Burberry is cautiously optimistic it will start to turn, its chief executive said.
More than 60 years after a feud between brothers Adi and Rudolf Dassler resulted in the creation of the Adidas and Puma sportswear rivalry, the two companies are making peace . for one day.
Swedish fashion chain Hennes & Mauritz is seen delivering solid third-quarter earnings next week but analysts said margins could take a hit because of dollar strength earlier this year.
Psychiatrists called on the government to address the soaring numbers of websites which promote anorexia and bulimia as a lifestyle choice rather than an eating disorder.
Estee Lauder said it would end distribution of its 30-year-old Prescriptives skin-care products brand by the end of January 2010 as its value was no longer viable in the current market environment.
Pantaloon Retail (India) Ltd expects revenue in the year to March 2010 to rise 35-40 percent helped by additional space and increased efficiency, the group's chief executive said.
Avon Products Inc President Elizabeth Smith is leaving the company to pursue her goal of being a chief executive, the world's leading direct seller of cosmetics said.
The adage of choosing quality over quantity may never be so true as when a recession-weary consumer looks at the latest fashions.
Despite a second consecutive victory at this year's Miss Universe, even Venezuela's hugely successful beauty factory is feeling the global pinch.
Italian luxury goods group Salvatore Ferragamo has designed a limited collection to raise funds for breast cancer groups, targeting wealthy - and charitable - Asians who appear immune to the economic downturn.
Retail sales were flat on the month in August against expectations for a small rise, with clothing sales exerting the biggest downward impact, official data showed.
John Lewis, the employee-owned group seen as a barometer of British retailing, posted a 20 percent fall in first-half profit and said although its second-half had started well it expected a tough 2010.
