Alessandra Facchinetti has been appointed to design all the women's wear lines for Valentino after the Italian couturier who founded the label announced his retirement, the fashion house said Wednesday, september 5th.

Legendary Italian designer Valentino, who has dressed the world's most glamorous women for decades, announced his retirement Tuesday september 4th, saying it was time to bid farewell to the world of fashion.

Nicolas Sarkozy, the newly elected president of France, is now rubbing well-tailored shoulders with Hollywood heartthrob George Clooney, at least among this year's Vanity Fair best-dressed list.

Shares in French luxury goods group LVMH rose on Friday, July 27th despite first-half results at the lower end of expectations, but the group stood by its objectives for the rest of the year.

A British billionaire is holding secret talks on buying Italian fashion house Prada, the "Sunday Times" reported.

Italian fashion designer Valentino marked the 45th anniversary of his design house on Saturday, July 7th, breaking with tradition and unveiling his haute couture collections for women in Rome instead of Paris.

It rained on Karl Lagerfeld's parade for Chanel on Tuesday, July 3rd with a vengeance. The heavens opened, turning the garden venue in Saint Cloud in the outlying Paris suburbs into a quagmire before the show had even begun.

Christian Dior's new designer Kris van Assche unveiled Sunday, july 1st his debut collection for the 60-year-old House, returning to the drop-dead elegance of its founder and 1950s style Hollywood razzmatazz.

It was the hottest ticket in town on Monday, July 2nd night. Over a thousand guests, press and celebrities converged on the Chateau at Versailles for a birthday bash to mark sixty years since Christian Dior founded his prestigious fashion house.

The prestigious fashion house of Christian Dior is celebrating its 60th birthday this week with a gala evening in the Orangerie at the chateau of Versailles, while Christian Lacroix, once the new kid on the block in haute couture, is marking his 20th.

Designers came and went but life at Christian Dior was always exciting, a stylist who worked for twenty-five years at the prestigious fashion house recalls as the house celebrates its 60th anniversary.

Escada, the German maker of luxury ready-to-wear women's clothes, warned Thursday, June 28th that it expected to end its current business year in the red as a result of tax changes and restructuring costs.

For the first time ever, France was without either of its two financial daily newspapers Monday, June 25 as staff at Les Echos and La Tribune staged strikes over the acquisitions strategy of LVMH and billionaire Bernard Arnault.

Milan Fashion run of men's fashion shows for next summer displayed brazen irreverence Monday, June 25 with Moschino's fluorescent tones, Gucci's slimline tweeds and John Richmond's gangster chic suits.

French luxury goods group LVMH is in exclusive talks to buy French financial daily Les Echos from the British group Pearson, LVMH said Thursday, June 21st.