Designers at Milan fashion week preferred the demure to the provocative in womenswear collections for next spring, with some names sticking to their roots and what they are best known for to woo crunched buyers.
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 lice...
Italian fashion designer label Gianfranco Ferre is continuing business and plans to open franchises despite being put into special administration along with its owner this week, CEO Michela Piva said on Friday.
Luxury brands appear so far to be weathering much of the current credit crunch but with consumers becoming more cautious designers are sticking with simple go-anywhere clothes and counting on accessories to tempt buyers.