Another season of Haute Couture has just closed and the fashion ultra-elite are placing their orders. The market for the highest form of fashion is smaller than ever these days, with a mere 200 women bestowed with the means and access to don the most honored vestments of the Fashion Cult. My how I...
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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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