Versace has won a record compensation amounting to US$20 million in a counterfeit case against several American retailers. The popularly-known luxury brand said the damages awarded by a US court were one of the highest ever obtained by an Italian company in a counterfeiting case brought abroad.The case is about a 2003 complaint that involved more than 70 retails stores in Southern California and Arizona that sell fake products bearing the Versace brand. It eventually resulted to over 110 arrest…

At the Paris Spring-Summer 2009 Couture Fashion shows last January, the shows’ front rows barely insinuated the current global economic crisis.The three-day affair displayed designers’ haute couture (custom-made apparel) for numerous high-end clientele, buyers and the media who still fancy one-of-a-kind commodities. A few designers decided against putting on a show for the Spring-Summer 2009 couture fashion event. From 23 designers the previous season, the number is down to 20. However, the most…

According to the Commerce Department, last September, consumer spending in the US decreased by 0.3 percent from the previous month despite the 0.2 percent increase in personal income. That same month (September18), the Federal Reserve reported that the US household new worth went down from $2 trillion over the last year, and yet, it’s still $17 trillion more than it was in 2002. To put it simply, it means that many Americans are richer than they were less than a decade ago, despite the unstable …

For 15 years, Bryant Park’s huge tent has been home to runway shows. Come 2010, Bryant Park will be home to NY Fashion no more. Organizers of NY Fashion Week have chosen Lincoln Center to be the event’s new address starting next year. Why the move?The reason for the big move is the complaints that the shows got from Park management that the invitation-only shows had grown to large and were limit the public access to the park. Twice a year, NY’s fashion industry puts on a show that draws over 100…

Armani seems awfully fond of the Beckhams. First, Becks posed in his briefs for his Emporio Armani ad. Now Posh stripped down to her undies for Emporio as well. Hmmm…Months ago, Mrs. Beckham announced that she’ll be Emporio Armani’s newest muse, the ads are finally out – a stunning black and white shots of, well, Posh’s derrière and Emporio Armani’s sexy lingerie, taken by Mert & Marcus. You got to admit, despite being called ‘robot’ by some non-fans, Mrs. Beckham has a nice bod. True, airbru…

Gisele has been seen numerous times wearing the high-end denim label’s supper skinny jeans and super-short shorts. But now, it really official – The super-Duper (and reportedly world’s highest paid) model Gisele Bundchen appears for True Religion’s Spring-Summer 2009 ad campaign. True Religion’s founder and CEO Jeffrey Lubell said, “When you use a girl like Gisele, you’re trying to create the image of your brand and your product on her… You want women to see how it looks on her and say, &lsquo…

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