German luxury fashion designer Jil Sander is teaming up with Japan's no-frills clothing retailer Uniqlo. Sander -- best known for her minimalist creations for executive women -- said she will now oversee men's and women's apparel at Uniqlo.
Dick's Sporting Goods Inc posted a better-than-expected adjusted quarterly profit and said it expects to reduce operating costs in 2009 by about $50 million through payroll and other expense reductions, sending its shares up 17 percent.
Ever seen an ambassador dressed from head to foot in pastel frills? How about a diplomatic envoy in a mini-skirted school uniform? In a bid to raise its international profile, Tokyo has appointed three young women as cultural envoys because they represent Japan's long-running craze for all things cute.
Swedish fashion giant Hennes & Mauritz (H&M) is likely to feel some effects from the global financial crisis but is doing better than some of its competitors, the company's top executive said on Thursday March 12.
Gianfranco Ferre and Malo could be up for sale as financially-strapped owner IT Holding seeks a way out of special administration. A source close to the matter told the company was likely to refocus on production licences through its Ittierre unit.