Rena Dumas, the wife of Jean-Louis Dumas – former president of Hermès, passed away as a result of cancer on the 27th of April in Paris. She had notably been responsible for the interior design of more than three hundred luxury stores and leaves unique, modern and sensible handiwork .

At the same time as the deployment of online shopping, Hermès is considering necessary technology adaptations to sell on internet capable “smart phones”. “The technology is developing very quickly. We must take advantage," explained Charles Henri Leroy, director of client relations.

A booming market in counterfeit goods racked up sales of 7.1 billion euros in Italy last year, undermining high-end fashion brands and prized food products that Italy's economy thrives on, a study showed on Wednesday 22 April.

Coach Inc reported a lower quarterly profit on Tuesday 21 April as consumers cut back on discretionary purchases, but the U.S. handbag and accessories maker said sales were stabilizing at its North American stores, and it initiated a quarterly cash dividend.

French luxury goods group Hermes on Friday 10 April hailed a Taiwan court's ruling to impose a record fine of 7.77 million US dollars on a former employee for selling counterfeit bags.

Japan is in recession and consumers are tightening their belts, but Fast Retailing is bucking the retail downturn and enjoying strong sales at its Uniqlo casual clothing store chain.

Thai authorities destroyed more than 45 million dollars' worth of counterfeit goods on Friday March 27, in a bid to demonstrate the government's strong stance on fake merchandise.

A not-so-new fashion trend is sweeping many parts of Australia, where thousands of people are flocking to vintage fairs to pick up unique, and inexpensive, apparel during the economic slowdown.

The European Council has adopted a new plan of action for customs offices fighting counterfeiting - a phenomenon which now effects every industry. The plan aims to “protect the health and security of our citizens, as well as protecting innovation; economic activity, competition and jobs”.

French luxury goods group Hermes said current trading was stable and it would continue expanding globally as it posted strong 2008 earnings, a message that contrasted with growing gloom in the sector.

Upscale retailer Saks Inc posted a much deeper-than-expected quarterly loss on Wednesday as its customers headed to sales racks or just cut spending outright in the worst holiday season in nearly 40 years.

Whatever color dominates wardrobes this year, the mood will be dark when Fashion Week kicks off in New York this Friday.

French luxury group Hermes warned a possible drop in operating margins this year and flattish revenue growth after posting a 1.7 percent rise in fourth-quarter sales at constant exchange rates.

Recession-hit brides looking for that something borrowed to complete their outfit can rent gold tiaras from a major Japanese jeweler which unveiled pieces worth over a million dollars despite the faltering economy.

Free designer dresses, an army of admirers and $15,000 to stroll down a catwalk: no wonder thousands of teenage girls aspire to being a top model.