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According to Womenswear Daily, art collectors may be the latest guardian angels of the fashion world. Such is the case for Lost & Found, a young Tuscany-based fashion label that has contracted Alain Dominique Perrin, executive director of Compagnie Financière Richemont and president of The Cartier Foundation, as an investor. Based on seasonless clothing using […]

Marks & Spencer was accused of hypocrisy yesterday when it emerged that the retailer shared suppliers with Primark, only a day after it attacked the discount fashion industry over subsistence wages. Sir Stuart Rose, the executive chairman of M&S, told its shareholders on Wednesday: “You cannot sell a T-shirt in the UK for £2 and […]

For the first time, Istanbul will be presenting its enormous power in fashion during Istanbul Fashion Days from August 26 to 29, 2009. The motto of this project is ‘Strong ideas create strong realities’. This international event will bring together the elite of Turkish fashion industry and the designers’ scene from Istanbul. Organizers are iTKiB, […]

Swimwear fair Moda Beach is launching a new swim and beachwear zone this August. The exhibition already features some of the leading premium swimwear collections and up-and-coming talent from the industry. Swimwear label Fantasie will be making its debut at Moda Beach. Its latest collection of stylish, easy to wear swimwear is characterized by sophisticated […]

UK retail sales values rose 1.4% on a like-for-like basis and 3.2% on a total basis, from June 2008, when sales had been hit by cold wet weather,figures from the British Retail Consortium reveal. The hot sunny weather, together with clearance sales, boosted clothing, footwear and outdoor leisure items. Internet, mail-order and phone sales in […]

Escada, the German fashion house, has filed for bankruptcy after it failed to line up financing. The Munich based women’s ready-to-wear and accessory company suffered after a sufficient number of shareholders failed to support a debt-restructuring plan this week. The filing will affect 2,300 employees. Shares of Escada have already lost over 70 percent of […]

Some of the world’s biggest private equity groups are queuing to examine £1.5bn bids for Matalan, UK’s conglomerate discount retailer, which has received interest in recent days from KKR, Blackstone, Cinven and TPG. According to the Financial Times, CVC Capital Partners, the UK-based private equity group, has a head start over its rivals after it […]

Tourists from continental Europe and China buying Burberry clothing and accessories helped the luxury goods company to navigate the downturn during the past three months. As was published in the Financial Times, Burberry said sales excluding currency movements fell 4 per cent in the three months to June 30, while they were up 8 per […]

Taking home various awards for its innovative designs in sustainable shoewear, Beyond Skin launched a pumps collection exclusively at Anthropologie’s London flagship store. The ballerina’s are made in India and follow a fair trade production process. Beyond skin worked with UK charity Trade Remade and sourced the vintage fabrics to transform them in to little […]

Especially for those who like to mix ‘n match fashion and technology, iClothing launched fashion designs for men and women with a digital lifestyle. With the growing anticipation of the iPad, the clothing company launched the iDress and iTee. The unisex iTee comes in white and black and has a protective front pouch to carry […]