YSL Files Motion to Dismiss Louboutin Case (The Cut)
"The Christian Louboutin versus YSL case has dragged on for well over a year, and now it seems like both parties are finally willing to stick a fork in it... YSL filed a request to drop the rest of its counterclaims against Christian Louboutin, according to a brief issued by YSL's lawyer, David Bernstein."
LVMH says no major slowdown at Louis Vuitton in Q3 (Reuters)
"The Paris-based group calmed investor concerns that the brand's growth was running out of steam, particularly in Asia, after enjoying years of high growth, sending the stock up 3.6 percent to close at 128.25 euros."
Bloggers on fashion’s front row (FT)
"With an estimated 50,000 fashion bloggers setting up daily, Ms Griffin is not alone in seeing long-term viability in a sector whose biggest stars started out as late-night hobbyists from teenage bedrooms.' Blogging is a seriously successful industry that is now attracting serious and successful people,' says Yuli Ziv, chief executive of Style Coalition."
Chanel saves 176 Scottish knitwear jobs (Telegraph)
"Nearly 200 jobs in the Scottish Borders were safeguarded today after the French fashion house Chanel announced its acquisition of the cashmere business Barrie Knitwear."
Sarah Doukas of Storm Modeling Agency: The beauty spotter (Telegraph)
"Her most famous 'scout' came in 1988, a year after she had founded the model agency, Storm, from her bedroom. Waiting for a flight back to London from New York, Doukas saw a beautiful 14-year-old in the queue ahead of her. On the plane, hemmed in in a window seat, she dispatched her brother and business partner, Simon Chambers, to approach the girl. Chambers reported back that her name was Kate Moss and, yes, she was rather interested in modelling."