Lee Cooper France declared itself to be in suspension of payments with a decision due to decide whether to put the company into receivership or liquidation. Firstly, an observation period of two month is to be agreed upon.
British designer brand Ted Baker reported a 3.6 percent rise in full-year adjusted pretax profit, helped by strong performance of its retail division, but said it expected 2010 to be a tough year for its UK wholesale customers.
The Italian fashion house Fendi won a court victory when a Manhattan federal judge ordered Filene's Basement to stop selling handbags and other goods bearing the Fendi name or trademark without permission.
Can the Alexander McQueen label survive the death of its creator? Many fashion houses, notably Dior, Chanel, Yves Saint Laurent, have been able to carry on without their founder, with varying degrees of success.