With a deal to buy the beleaguered Italian house imminent, it's unclear whether Roberto Cavalli can deliver a return in a rapidly changing fashion market.

This week, one of Italy’s most famous fashion houses hit a dead end.

The label has been struggling for years to reboot sales and regain momentum and visibility in an industry increasingly dominated by big cash-rich conglomerates.

This week, Liberty appoints its first chief marketing officer, while J.C. Penney continues its streak of executive hires with a new chief financial officer.

The designer, who late last week was rumoured to exit the company, says he plans to 'focus on other projects' following his departure.

Paul Surridge made the rather odd point that he was thinking about 'status' with the collection. It didn’t really work, But the idea did provoke him into some clever twists.

"Meet the menswear designers of Louis Vuitton, Z Zegna, and Rag & Bone - an elite quartet of British menswear designers who have swapped London for