The BFC launched the organisation’s China Partnerships Strategy in Shanghai this week with Ambassadorial President David Beckham and a number of BFC luminaries on hand to guarantee maximum publicity for the initiative.
Fashion house Versace did not receive any offers from Italian investors before selling to Michael Kors but the deal with the U.S. fashion group will create jobs in Italy, said creative director Donatella Versace.
A pink diamond weighing in at almost 19 carats is set to go on tour before being auctioned in Geneva and could fetch a record price of between $30 million (£23 million) and $50 million, Christie’s announced on Tuesday.
It must have been a somewhat tricky week for Anthony Vaccarello, the creative director of Saint Laurent, with his far more famous predecessor, Hedi Slimane, being the center of attention once again in Paris.
There are few more fertile imaginations in European fashion today than Marine Serre. Her clothes are hybrid and experimental; don’t really follow mainstream trends and were shown with zest and novelty Tuesday in Paris.
The cat was already out of the bag yesterday but that didn’t detract from the impact of the news on Tuesday that Michael Kors is acquiring Versace for around $2 billion and changing its name to Capri Holdings.