Australia's fashion week was thinner this year as the global economic crisis crimped designers and buyers' participation, but the catwalk remained an explosion of colours amid optimism that spending will pick up.
Desperate times call for desperate measures – Moscow has cut down its fashion week presenting autumn-winter 2009/2010 collections. It will take place from March 29 to April 4 in the Hall of Congress in the World Trade Centre in the city centre.
Greece's largest low-price fashion retailer Sprider said on Thursday its 2008 net profit dropped 45 percent to €13.4 million as one-off gains booked in 2007 were not repeated last year. Sprider booked a pretax profit of 15.
Fashion house Yves Saint Laurent will not be cutting prices or corners in the face the economic crisis, its head said after unveiling a conservative collection of black leather dresses and high-waistline flannel grey skirts.
In these cash-strapped times, Belgian designer Dries Van Noten wisely built his collection Sunday for Paris fashion week around a wardrobe staple: the classic winter coat.Women may think twice in a recession about frittering on fripperies.
Models in black fetish dresses showered banknotes over the catwalk at Jean-Paul Gaultier, while Christian Lacroix opted for baroque gold dresses and big fur collars as Paris fashion dared to be decadent.