Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times)
"Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his nearly 30 years as the company's chief executive transformed it into one of the world's most successful luxury brands, died Saturday at his home in Paris."

Louis Vuitton Tops Hermes, Gucci as Most Valuable Luxury Brand (Bloomberg)
"Louis Vuitton, the French fashion brand known for its monogrammed luggage, topped Millward Brown Optimor's 2010 BrandZ ranking of the most valuable luxury labels for the fifth straight year."

Costumes On Display at the Met (WSJ)
"There are really no other evenings in New York like the Costume Institute Gala, which falls on the first Monday in May and is hosted, as it has been for years, by Vogue. This is partly because there's a great element of surprise."

YSL's Stefano Pilati (South China Morning Post)
"'More or less I have done everything I have had in mind so far – in terms of collections, playing with the heritage but not too much and preserving the runway as something directional yet true to what I feel. Sales, for me, show I have done a good job.'"

The Collector: Jason Wu (WSJ)
"In 2008, he was a finalist for the Council of Fashion Designers of America/Vogue Fashion Fund award, a prestigious prize for emerging designers. But when the inauguration gown went viral in the multimedia world, he became a household name overnight."