While LVMH, PPR and Richemont have got the power, contenders in Brazil, Russia, India and China have been building their own fashion empires. (International Herald Tribune)
After two years, H&M has finally won its battle to open shop on the Avenue des Champs-Elysées. (WWD)
To sweeten the sound of fiscal panic, designers at Milan tout clothes as investments. (WSJ)
In France, one church scouts Lacroix, Rykiel and others to dress its Virgin Mary. (Reuters)
— Staff

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