Anna Piaggi, Fashion Editor With a Keen Eye for Trends, Dies at 81 (NY Times)
"Anna Piaggi, an oracular Italian fashion editor known for an endless array of eye-popping, wildly colorful outfits of the most peculiar combinations, ranging from vintage Patou to thermal mountain rescue coats to a uniform vest from late-period McDonald's, died Tuesday at her home in Milan."

Tumi shares soar on strong profit forecast (Reuters)
"Shares of Tumi Holdings Inc, which makes luxury baggage and travel goods, rose as much as 23 percent, after it raised its full-year expectations, prompting at least one brokerage to upgrade the company's stock."

Esprit Gets Instant Value With Zara Fast-Fashion Leader (Business Week)
"Inditex SA has become the global leader of fast fashion by getting clothing inspired by the runway to its racks in a matter of weeks. Esprit Holdings Ltd. (330), apparently deciding the best way out of a slump was to emulate that strategy, yesterday snagged a key Inditex executive."

G-III buys luxury swimwear brand Vilebrequin for about $106 mln (Reuters)
"G-III Apparel Group Ltd said it acquired luxury swimwear brand Vilebrequin from private equity fund Fashion Fund I B.V. for 85.5 million euros ($106.19 million) and outlined plans to expand the brand internationally."

Carole White's model memoir (Telegraph)
"The founder of Premier Model Management, one of the world's leading model agencies, will pen a tell-all memoir detailing her career in the industry. Carole White, who is a former model herself, started up the agency with her brother Chris in 1981 and went on to represent the likes of Naomi Campbell, Claudia Schiffer and Cindy Crawford."