The French Fashion house of Christian Lacroix has finally found a financier. An Ajman sheikh is set to ink a $100 million deal that would switch the financial responsibility from the American Falic Group to him. This is great news for Christian Lacroix which filed for bankruptcy in June. The last hurdle to overcome before the …
Will the recession's impact on the fashion industry ever end? In a shocking move, Liz Claiborne has announced they will no longer sell at Macy's and Dillards. The classic American sportswear designer is going to be sold exclusively at JC Penny. This is largely seen as a coup for the retailer, which has been trying to spice …
The fashion industry lost one of its great artists last night. Irving Penn, renowned fashion photographer, died in his Manhattan home at the age of 92. Penn was known for his minimalist yet evocative style. He took photographs of celebrities, models and everyday people with the same passion and precision. In 1943, he began working …
