Asian-Americans gain ground, Homeware extensions, Posh’s fashion ambition, Life with Donna, Betsy’s new owner?

CFDA Winner Jason Wu | Source: Jason Wu

Asian-Americans Climb Fashion Industry Ladder (NY Times)
“It was the first time that all three prizes given by the [CFDA] were awarded to designers who are Asian-American. That same night, the fashion council announced three scholarships, each for $25,000, won by student designers of Asian heritage.”

Fashion brands are turning to the lucrative homewares market (Independent)
“The trendy Swedish denim company Acne is having a go, as is the avant-garde designer Martin Margiela. Diane von Furstenberg will be launching a homeware line in 2011; Diesel started one last year, and is now moving into lighting.”

Victoria Beckham: Is She for Real? (NY Times)
“Her sinuously curvy cocktail dresses… are showcased in stores alongside luxury labels like Narciso Rodriguez and Vera Wang. ‘Don’t underestimate her,’ said Anna Wintour.”

A morning in the life of Donna Karan (National Post)
“Twenty-five years ago, Donna Karan made her first Canadian personal appearance at Holt Renfrew’s Toronto flagship store to launch her ready-to-wear label. The New York fashion designer recently returned to mark the occasion.”

Steve Madden Might End Up Owning Betsey Johnson in 2012 (The Cut)
“Madden already holds a license for handbags, small leather goods, belts and umbrellas under the Betsey Johnson and Betseyville trademarks. The collateral for the loan includes the company’s intellectual property.”