Featured
Lvmh
Sugar Editorial Picks
Who Owns What in the Fashion World?
As we coo over gorgeous dresses at catwalk shows, there is some serious business going on behind the scenes. Fashion is a multi-billion pound industry and there is a lot of structure in place to protect some of the biggest names in the industry. Whilst the designers concentrate on being creative, their design houses are backed by major investors.
Gareth Pugh's Menswear Fashion Week Debut
Gareth Pugh made his menswear fashion week debut last night (an hour late) in Paris. He has previously included menswear in his collections in London but this is the first time he has dedicated an entire collection to men. The show ended the menswear fashion show season and was arguably one of the most exciting.
Fab Flash: Credit Crunch Catches Chanel
Karl Lagerfeld recently revealed that he has had to make personal cuts to cope with the recession but it seems the cuts might now stretch to his luxury label, Chanel as the supposed recession-proof industry begins to feel the burn.
It has been announced that 200 jobs will be cut citing a steep decline in sales throughout 2008 as the reason. The cuts are being described as the worst since Coco Chanel fired all of her staff at the beginning of the war in 1939.
Fab Flash: Louis Vuitton Stays Afloat Despite Economic Crisis
Despite the current economic downturn, luxury brand LVMH Moët Hennessy Louis Vuitton stays resilient as its sales figures show profits of over $17 billion dollars to date.
Though profits aren't as high as earlier this year, LVMH, which houses its namesake line along with other high-end labels such as Celine and Givenchy, reports a 9 percent growth in its business. Other top French retailers report up to a 10 percent loss in sales.
Fab Flash: LVMH Wins Over eBay in Counterfeit Goods Trial
Don't mess with fashion giant LVMH Moet Hennessy Louis Vuitton.
After a two-year trial, a French court ordered eBay to pay up for selling counterfeit items on its online auction site and for selling genuine goods outside LVMH's retail channels. The penalty was a whopping 40 million euros, or $63.2 million at the current exchange rate.
Other Search Results
Have You Bought Fragrance on eBay?
We all know that eBay is a great place to score deals — even if you do have to watch out for counterfeit makeup from time to time. In France, however, the auction giant has had its wrist slapped for having a free-for-all market. A Paris court has fined the auction giant 1.7 million euro for allowing the sale of certain perfumes.
Breaking News: Phoebe Philo Joins Celine
After much speculation, it has been confirmed this morning that Phoebe Philo will be joining the design team at Celine. She will take on the role of Creative Director at the French fashion house with her first collection being Autumn 2009, although she will not present a catwalk collection until September 2009.
The British designer who, along with Stella McCartney, is widely credited for reviving Chloé, (another LVMH brand) took a break from her career in 2006 to spend more time with family.
LVMH Wants Lohan
This girl is so damn lucky. Besides her already fabulous handbag collection and all the clothes she could possibly want, now Louis Vuitton is is about to sign her as the next celebrity face for the fashion house. WWD is reporting According to sources here, the French fashion and leather goods giant is in talks to have Lohan featured in its next advertising campaign.Fab Flash: Giles is Off to Paris
Whilst many big names like Burberry, and most recently Jonathan Saunders are returning to the capital for fashion week in September, we have just lost one great name!
Giles Deacon has been showing his unique designs here for many seasons, but has has just won France’s annual ANDAM (Association Nationale pour le Développement des Arts de la Mode) Award.
The award means Giles will receive 160,000 euro (about £137,000) to help fund a show at Paris Fashion Week.
Fab Flash: Christian LaCroix Files for Bankruptcy
Another sad story in the fashion industry this morning as one of France's biggest names announces financial trouble. Christian Lacroix has reportedly filed for voluntary bankruptcy in an attempt to protect the company from creditors. The current economic crisis and company expansion has been blamed for the situation.
More on PopSugar
Holiday
Top Brands
G Star
Yoox
Chloﾎ