Prada talks to Richemont, Telegraph partners with Net-a-porter, Middle Eastern muse, Lacroix’s story, Roland Mouret

Prada A/W 09 ad campaign, courtesy of Prada

Prada A/W 09 ad campaign, courtesy of Prada

Prada bankers contact Richemont on stake-paper (Reuters)
“Bankers for Italy’s Prada fashion house have contacted Compagnie Financiere Richemont SA about the Swiss company taking a stake in it, la Repubblica newspaper said on Saturday. In an unsourced report, the Italian daily said the banks, including Intesa Sanpaolo SpA and UniCredit SpA, would like an industrial partner for Prada with a stake of up to 30.”

Telegraph online Fashion Shop introduces (Telegraph)
“The Daily Telegraph’s exclusive new online Fashion Shop is delighted to announce a very stylish marriage with luxury designer store”

A new muse: the Middle East in haute couture (The National)
“Middle Eastern-inspired fashion is currently en vogue around the world from the streets to the catwalks. But rather than merely dabbling in aesthetic exoticism, the designers and brands who are exploring the region’s sartorial traditions are drawing inspiration from a commercial viability that’s given the style such sturdy legs.”

The Fall of Christian Lacroix (WSJ)
“In 1987 the former art student stormed Paris’s staid haute couture scene with his warm colors and Mediterranean flair. Now after more than two decades of losses the brand filed for bankruptcy protection in May. Two potential buyers are being lined up, but as things stand the 58-year old once hailed by critics as savior of haute couture can no longer design clothes under his own name.”

Sexy’s back (Guardian)
“Roland Mouret, creator of the world famous Galaxy dress, knows how to make women – all women – look amazing. He talks to Polly Vernon about Spanx, Spice Girls and the power of the perfect frock.”