© 2008 AFP - French luxury goods giant Christian Dior has expressed "deep regret" after one of its top models, US actress Sharon Stone, said China's recent devastating earthquake was linked to its policy on Tibet.
European and American fashion designers feeling the pinch from the credit crisis can look to the growing ranks of China's nouveau riche to boost sales.
Fashion brand Burberry Group reported a 14 percent rise in annual profit, helped by strong sales of its luxury handbags and trench coats, and declined to comment on talk it could be a takeover target.
Shares of Polo Ralph Lauren rose more than 7 percent to $66.55 on Wednesday before the opening bell after the company reported a higher quarterly profit, helped by strong sales, a lower tax rate and acquisitions.
Scores of top African designers and models held a show in Nairobi National Park at the weekend to raise money for victims of Kenya's post-election violence and show a different face to their continent.
Richemont, the world's second-biggest luxury products company, on Thursday May 20th posted an 18-percent rise in full-year net profit, and said it would separate its luxury business from the rest of its operations.
By Luke Baker KABUL, May 20 (Reuters Life!) - On the face of it, the Kuchi nomads of Afghanistan, a tribal people accustomed to rearing goats, are not a straight-forward fit for high-end fashion.
New York City, long a place where counterfeit watches and fake designer handbags are sold on street corners, is unveiling an ad campaign warning consumers of the human cost of indulging in knockoffs.
Italian authorities are probing fashion designers Dolce and Gabbana,creators of luxury items ranging from clothes to beachwear, sunglasses, jewelry and mobile phones, for alleged tax evasion, a report said Saturday May 18th.
From Manolo Blahnik high heels to designer dresses, the materialism of the characters in television's "Sex and the City" has made the movie version a marketing dream that some companies are paying for dearly and at least one is getting for free.
Claus-Dietrich Lahrs, the CEO of leading French fashion house Christian Dior Couture, was Thursday May 13th named head of German ready-to-wear company Hugo Boss, a statement from that company said.
Claus-Dietrich Lahrs, the CEO of leading French fashion house Christian Dior Couture, will become head of German ready-to-wear company Hugo Boss, German daily Handelsblatt reported on Wednesday 14th.
Chinese retail sales surged 22 percent in April from a year earlier to 814.2 billion yuan (116 billion US dollars) on a rise in food, jewellery and auto sales, officials said Tuesday May 13th.
Young designers competing to get noticed by fashion labels can now launch their careers online through the fashion world's answer to the social networking Web site MySpace.com. Fashionspace.
