Debating Fashion Week's Role In The Digital Age (Style.com)
"'When I started New York fashion week in 1993, digital cameras did not exist and photographers used actual film,' Fern Mallis told a crowd of students, bloggers, and aspiring designers last night at the first in a series of conversations presented by Fashion GPS. 'Today is a different world, everyone is a critic and the only photographer that uses film is Bill Cunningham.'"

Hong Kong rents rivalling 5th Avenue chase retailers away (Reuters)
"Hong Kong's main shopping district is gaining on New York's 5th Avenue for the title of world's most expensive retail zone as rents rise by 35 percent a year, pushing chains such as H&M out to the cheaper suburbs."

Hearst Fashion Titles Set September Issue Records (Fashionista)
"Things are looking particularly good for Hearst, whose relatively recent acquisition, Elle, will debut Hearst's largest September issue of all time, according to a rep. The fashion title will have 400 ad pages, up 14% from last year."

France's richest families control major luxury companies (CPP Luxury)
"French business magazine Challeges has released its annual ranking of France's wealthiest. Three major exceptions are resisting the downward trend: the families behind Hermès International and Longchamp."

MTV Revives Fashion Series 'House of Style' (Hollywood Reporter)
"Move over, Project Runway and Fashion Star. There's a new -- make that old -- style show hitting to the catwalk this fall to reclaim the fascination of a new generation of fashionistas."