Mihara Yasuhiro, courtesy of IHT

Newcomers defy the odds in men’s fashion (IHT)
Unfazed by the current dismal state of the economy, emerging designers such as Mihara Yasuhiro are bravely forging on with their menswear collections.

Burberry Sales Rise, but Layoffs Are Planned (WWD)
Though Burberry’s Q3 sales went up 30%, the company plans to embark on serious cost-cutting measures. (Subscription required)

Retailers on the Extinction List (Seeking Alpha)
“Companies that over-expanded during the previous economic cycle,” are now closing their stores.

Consumer Spending: Last Bastion of U.S. Economy in Full Retreat (Seeking Alpha)
In past economic slowdowns, America’s consumer spending kept the economy afloat, but not this time.

Curtain to lift on Wills Fashion Week from March 20 (Fibre2Fashion)
Wills Lifestyle is on board with the FDCI for India Fashion Week in March.