Hermès Spring Summer 2010 | Source: Luxuo

Hermès reports 1st-quarter sales up 19 percent (Marketwatch)
“Hermès, the French luxury goods maker, reported that first-quarter sales rose 19% to 507.7 million euros. All sectors performed well, with sales growth at the group’s own stores “particularly robust,” up 26% at constant foreign exchange rates, the company said in a Thursday statement.”

Fashion, entertainment nonprofit Gen Art shuts down (Crain’s)
“After 16 years in business, Gen Art has become another victim of the recession. The nonprofit, which produces film, concerts and fashion shows featuring emerging talent is closing its doors.”

Asos plan online marketplace (Fashion United)
“Asos announced plans that it will launch an online marketplace for customers to buy recyclable clothes and encourage customers to shop in a more environmentally-friendly way.”

What’s a fashion consultant? (Globe and Mail)
“If you think fashion consultants have anything in common with fashion police, think again. Far removed from the world of television shows such as What Not To Wear, these professionals offer expertise that can benefit a range of small businesses beyond those immediately related to the apparel industry.”

Fashionair to Shutter (Fashionista)
Fashionair “is set to close down in the near future, according to sources. Currently, there’s an announcement on the homepage that says: ‘FASHIONAIR is going through some changes. We will be back just as soon as we can.’”