The luxury market continue to churn under recession-induced pruning: MILAN — Valentino Fashion Group SpA reported a net loss of 483.1 million euros, or $710.1 million, last year as a result of costs associated with the consolidation of the group and a writedown in the valuation of the company’s brands. The loss compares with...
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Fashion Focus will be condensed to a long weekend Oct. 22 to 25 on the theory that a shorter event packed with runway shows, shopping and industry seminars will attract more buyers, tourists and national press than eight days of events. “There will be fashion going on all day, every day,” said Melissa Gamble,...
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Another fashion patriarch has passed: PARIS – Jean-Claude de Givenchy, once head of Givenchy’s couture and fragrance businesses, died on May 18 in Cannes, France, of cancer. He was 84. De Givenchy was born in 1925 in Beauvais, France. He began working with his brother Hubert de Givenchy soon after the Givenchy fashion house...
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