Improved Revenue Trends for LVMH in the Third Quarter (Reuters)
“LVMH Moët Hennessy Louis Vuitton, the world`s leading luxury products group,achieved revenue of €11.9 billion in the first nine months of 2009, comparable with the same period in 2008. The Group delivered a resilient performance in Europe and continues to show strong momentum in Asia, particularly in China.”

London sales soar 7.5% on weak comps (Drapers)
“Retail sales in London rose 7.5% on a like-for-like basis during September compared with the same month a year ago, when sales dropped 0.2% as the banking crisis took hold.”

Interstoff Asia sees growth in eco fabrics (Ecotextile News)
“Buyers from some of the world’s leading apparel brands such as Adidas, Burberry, Christian Dior, Columbia, Diesel, Esprit, Gap, H&M and Levi Strauss were among those discovering the latest eco-fashion and functional fabrics at last week’s Interstoff Asia Essential exhibition.”

Gulf investor plans to diversify Lacroix business (Reuters)
“Gulf investor Hassan bin Ali al-Nuaimi, a nephew of the ruler of Ajman, said on Monday he would diversify the Christian Lacroix brand into the leisure sector if his bid for the troubled French fashion house is successful.”

Exploring Avedon’s impact on fashion photography (Detroit Free Press)
“Working within the factory of the fashion industry, most notably for Harper’s Bazaar and Vogue, Avedon invented fashion photography as we know it.”

Yohji Yamamoto

Designer Yamamoto files for bankruptcy protection (AP)
“Japanese fashion design house Yohji Yamamoto said Friday it has filed for bankruptcy protection, citing slumping sales amid a global downturn.”

Bulgari CEO Says Sales Are Improving, Led by Asia, Handbags (Bloomberg)
“Bulgari SpA, the world’s third- largest jeweler, said sales improved in the second part of the year, led by gains in Asia, its biggest market, and higher demand for handbags.”

US retailers in first monthly sales gain since 2008 financial collapse (FT)
“Leading US retailers yesterday reported their first monthly sales gain since the financial collapse of September 2008, although most still saw lower sales than a year ago as shoppers remained focused on bargain hunting.”

Fast Retailing sees record profit on Uniqlo boom (Forbes)
“Japan’s Fast Retailing forecast a 10.5 percent rise in operating profit this financial year as its Uniqlo casual clothing chain draws cost-conscious consumers away from rivals and it aggressively opens new stores in China.”

Gulf investor bids for fashion house Lacroix (Reuters)
“Gulf investor Hassan bin Ali al-Nuaimi, a nephew of the ruler of Ajman, part of the United Arab Emirates, submitted an offer for Christian Lacroix on Thursday, the administrator for the French fashion house said.”