Italian fashion designer Gianfranco Ferre died Sunday June 17th in a Milan hospital at the age of 62 after suffering a brain haemorrhage, the Italian news agency ANSA said.
Animal rights activists strutted naked through Tokyo's glitzy Ginza district Friday June 15th as they urged a boycott of fashion giant Burberry for using fur. Three women walked up to the Burberry store on the Ginza strip of high-end boutiques wearing nothing but a banner reading : "The naked truth : Burberry butchers bunnies."
Italian lifestyle and luxury brands company Burani Designer raised 104 million euros (70 million pounds) as part of a listing in London, saying on Friday it wanted to expand into beachwear, underwear and cosmetics.
Valentino will next month break with a 17-year tradition of unveiling his luxurious haute couture collections for women in Paris. Instead, to mark the 45th anniversary of his design house, the veteran 75-year-old designer is returning to Rome to present his made-to-order creations for autumn-winter 2007-08 on July 7.
Household products and cosmetics giant Procter and Gamble has signed an agreement to build a massive cosmetics plant in central Poland, a spokeswoman for the Polish subsidiary of the US multinational said Wednesday June 13th.
Sao Paulo's Fashion Week, Latin America's biggest couture event, got underway Wednesday June 13th featuring eye-catching confections and celebrating the theme of ecological awareness.
An Indian-born celebrity fashion designer has been charged with 13 more counts of sexual assault as six new victims were added to his rap sheet, Los Angeles justice officials said Tuesday June 12th. Anand Jon Alexander, 33, is now accused of 46 sex crimes against a total of 18 victims aged between 14 and 27, officials said.
Former Gucci creative director Tom Ford is to open his first directly operated European stores in London and Milan within the next three years, his company announced Friday June 8th.
With fur back in fashion, the illegal fur trade is also on the rise, wildlife crime experts said Thursday June 7th at a world forum in The Hague on regulating wildlife commerce. "Unfortunately, fashion takes cycles and fur is back in," said John Sellar, a wildlife crime expert.
Valentino Garavani, whose luxurious dresses have adorned the Hollywood set and European royalty for over 40 years, looks set to see his brand change hands for the third time in a decade.
Swiss construction group Implenia could be on the radar screen for a takeover, a major shareholder of the Swiss company was quoted as saying in a Sunday newspaper.
Bekaert BERTt.BR, a steel cord and wire maker, will close its carding business in Cleckheaton, which now employs 57 people, it said on Wednesday.
A type of chromium highlighted in the film "Erin Brockovich" causes cancer in lab animals when they drink it in water, and it could be harmful to people, the U.S. National Institutes of Health said on Wednesday.
Private equity firm Permira PERM.UL is in exclusive talks to buy more than half of famed Italian fashion house Valentino V.MI, it said on Friday, dimming the chances of a bid battle with U.S. rival Carlyle.
Warren Buffett, known for buying undervalued stocks, is boosting his bet on health care, a sector known more for growth than value. Berkshire Hathaway Inc.
