U.S. shoe and clothing maker Kenneth Cole Productions Inc posted a wider fourth-quarter loss, weighed down by margin pressures, and suspended its quarterly dividend to conserve cash in an uncertain economic environment.
Women's apparel retailer Chico's FAS Inc on Tuesday posted a deeper quarterly loss, but topped Wall Street's estimates, even as it faced lower sales and gross margin during the period. The net loss was $40.
Dresses with mock birds in cages or fried egg shape cut-outs. Spanish designer Agatha Ruiz De La Prada showed Milan the kind of imagination she believes is needed in a woman's wardrobe at times of economic crisis.
Milan fashion week may have begun under an economic cloud due to the global financial turmoil but designers showing off their creations have sought to defy the gloomy mood, with some declaring "war" on the crisis.
Shoulders set the silhouette on Milan's catwalks Monday, whether bared for Versace, writ large by Dolce & Gabbana or a fetish for Fendi.A quintessential Donatella Versace creation sneaks a shoulder out of a flowing grey-blue gown.