Two of Britain's biggest clothing retailers reported lower annual profits and weaker recent trading on Tuesday as turbulence in financial markets adds to the pressure on shoppers from high food and fuel costs.
Swedish fashion giant Hennes & Mauritz still expects sales in Germany to grow this year despite weakening consumer sentiment in Europe's largest economy, the company's German head said on Tuesday, October 21st.
Pacific Sunwear of California Inc on Tuesday, October 21st said it rejected an unsolicited buyout offer from athletic-clothing retailer Adrenalina , saying the proposal was not in the best interests of its shareholders.
US fashion critic Richard Selzer, famed for an annual international "worst dressed" list which he penned as "Mr. Blackwell," died here at the age of 86, The Los Angeles Times reported Monday, October 20th.
VF Corp reported a better-than-expected third-quarter profit on Friday as strong sales of its outerwear and fashion clothing brands offset declines in the manufacturer's jeans and sportswear businesses.
Leanne Marshall, a soft-spoken designer from Portland, Oregon, won the fifth season of the U.S. fashion reality show "Project Runway" on Wednesday, October 16th in the hit Bravo show's first all-female finale.