Ralph Lauren to Sell Portion of Polo Shares (WSJ)
"Ralph Lauren, chairman and chief executive of Polo Ralph Lauren Corp., is selling approximately a quarter of his holdings in the company he founded, a move that could raise up to $955 million at Monday's closing price."
Rykiel Targets America (Vogue)
"French fashion label Sonia Rykiel has announced plans to target the US market as it schedules debut showroom presentations in New York this week."
Burberry boss Angela Ahrendts sews up £6m paypacket (Guardian)
"Angela Ahrendts, the boss of fashion group Burberry, banked more than £6m last year as the company managed to steer a successful course through the recession to report record profits."
Guinness Buys Blow Collection (The Moment)
"Daphne Guinness, the art and fashion collector, has bought the entire Isabella Blow wardrobe, including seminal pieces by the late designer Alexander McQueen, which was to have been sold by Christie’s in the fall."