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.
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.
Legendary dandy Oscar Wilde once declared "One should either be a work of art or wear a work of art," a sentiment endorsed by designer Christian Dior, who acknowledged dandyism as a significant influence on his fashion.
Shares in fashion brand Burberry Group gained almost 4 percent on Wednesday as traders cited market talk of a possible bid from U.S. handbag maker Coach . Burberry was not immediately available for comment.
By Belinda Goldsmith SYDNEY (Reuters Life!) - Australian Fashion Week organizers said on Wednesday that tighter rules on skinny models were not needed for its catwalks, despite one Australian model being pulled briefly due to fears for her health.