H&M launches home textiles bid (WSJ)
As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a 2007 debut.
Ittierre to Sue Cavalli (WWD)
Ittierre SpA is suing Roberto Cavalli for his comments regarding their ability to turn the company’s bankruptcy around. (Subscription required)
Chanel Closing Two Japan Stores (WWD)
As the Japanese economy sinks further into recession, Chanel has announced it will be closing two of its stores there. (Subscription required)
Fashion’s invisible woman (Los Angeles Times)
“The average American woman is size 14. Why is the fashion industry still pretending she doesn’t exist?” asks The LA Times.
Fashion feels the pinch in London and Milan (CNN)
The economic crisis is casting a dark shadow over London and Milan fashion weeks.