Just as flush times gave traditionally staid menswear permission to loosen up, a grim economy is dictating a back-to-basics gravitas and a return to serious business attire. Menswear, never in the vanguard of U.S.
After a break of several years, Russian fashion designer Denis Simachev returned to the Moscow catwalk at the weekend with a show evoking change and upheaval to support his homeland during the financial crisis.
Italian eyewear maker Luxottica SpA has won the licence to design and distribute Tory Burch and TT brand glasses, it said on Wednesday, in a deal a company source said should bring revenue of $30 million a year.
Jackie Prosser is a determined mother. Working in fashion, she says she is highly exposed to the global recession, but plans to cut back on other treats to keep her seven-year old at his fee-paying school.
KP Fashion Co, which is owned by Kira Plastinina, the 16-year-old fashion designer and daughter of Russian businessman Sergei Plastinin, has filed for Chapter 7 bankruptcy in a U.S. court. The Los Angeles-based company listed $9.