Competition and a move away from tailored dressing, only exacerbated by a weak economy, are hurting the men's suit business hard, and retailers are adding to manufacturers' pain by demanding more discounts.
The owner of Italian fashion designer Gianfranco Ferre turned in a 44 percent fall in first half operating profit on Wednesday August 27th , hit by adverse exchange rates and lower sales of the group's autumn/winter collections.
The adjectives hip, chic and fashionable are not usually used when speaking of Sears, an American retailer better known for selling practical items like power tools and appliances, sturdy jeans and boxy shirts.
Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.
Billowy summer dresses pinned with gold shells and flared trousers from a bygone era of languid glamour dominated Gucci's pre-spring show at a 17th century hilltop villa in designer Frida Giannini's native Rome.