Clothing and footwear sales in London drop back during July (Drapers)
"Clothing and footwear sales in London fell back during July as the wet weather during the month drove sales of indoor items such as homewares and furniture."

Paper Bags as Fashion Statements (New York Times)
"It's little wonder that, in spite of the recession, Tokyo's closets continue to be crammed to the hilt — less so with Prada and Marc Jacobs dresses than their paper wrappers. If you can't afford to shop, the best approximation seems to be the memory of having done so and, failing that, even the pretense will do."

Sass & Bide to show at London Fashion Week (Telegraph)
"The British Fashion Council has today announced that Sass & Bide will show on the official catwalk show schedule during next month's London Fashion Week. The brand, famous for its skinny style of jeans loved by trendsetters Kate Moss, Sienna Miller and Kylie Minogue, will celebrate 10 years since starting out in the capital as an underground denim label."

Friday Fashion Flop (Wall Street Journal)
"Friday wasn't a good day for fashion. The luxury German fashion house Escada put its U.S. unit into Chapter 11 protection, while women's ready-to-wear designer Ellen Tracy was hit with an involuntary bankruptcy liquidation filing by several creditors."