As the male fashion spotlight readies to shift from Milan to Paris this week, the question on all lips is whether the world's economic doldrums will dampen the usual exuberance of the twice-yearly men's shows.
Shoppers are set to storm Paris streets on Wednesday for the start of the winter sales, with department stores such as Printemps slashing prices by up to 80 percent to offload stock after grim Christmas trading.
Giorgio Armani explored a merger with French luxury group Hermes but without success, the Italian designer told Bloomberg, adding he planned to keep control of his fashion empire as long as he stays healthy.
In couture, cut is vital, but Marie Dupuis has found it can also apply to price. Thanks to a little bargaining, a Jean-Paul Gaultier dress she had her eye on for New Year's eve was hers at a 40 percent discount.
The International Herald Tribune has postponed a corporate luxury goods conference in New Delhi from next week until next year due to security concerns after attacks by gunmen in Mumbai killed more than 100 people.