Online fashion retailer ASOS shrugged off the consumer downturn, posting a steep rise in annual profit and a near doubling in first-quarter sales as it benefits from the growing popularity of Internet shopping.
Descendants of Russia's fallen czars and the cream of global fashion feted the re-launch Monday of a 1920s label founded by high-society Bolshevik exiles, the Romanovs and Yusupovs, for the international elite of the time.
Though America stands poised for its first black president in history, the fashion world descending on Paris for this week's couture-show summit will be treated yet again to a "white-out" on the catwalks.
Supermodel Naomi Campbell failed to turn up as scheduled at a runway show in Brazil on Saturday June 21th, apparently after her plans were upset by a conviction the day before for assaulting police officers at Heathrow airport in April.
U.S. consumer spending may have slowed, but the gloom already being cast over the impending holidays is overdone, retailers and clothing makers ranging from Best Buy Co Inc to Toys "R" Us to Perry Ellis International Inc said this week.