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Versace luxury fashion house ‘to be sold shortly’

MILAN: Italian fashion giant Versace is about to be sold, the country's biggest-selling newspaper said on Monday, citing anonymous sources who suggested the deal could come in the next few hours. Donatella Versace, the brand's artistic director and vice-president of the group, has called a staff meeting in Milan for Tuesday, according to the Corriere della Sera newspaper. Celebrity shoemaker Jimmy Choo, luxury jeweller Tiffany & Co and US fashion group Michael Kors Holdings were listed as possible buyers. The…

Ivanka Trump to shutter fashion line, focus on government

WASHINGTON: US President Donald Trump’s oldest daughter, Ivanka Trump, is closing her fashion line to focus her energies on advising her father’s White House, she said through a representative on Tuesday. Trump, whose fortune comes from real estate development, came into office carrying a broad family business portfolio that trades heavily on the family name. The president has made regular visits to Trump-branded properties during his time in office, prompting some critics to complain that he is using the profile of…

Leading Muslim fashion designer jailed

JAKARTA: An Indonesian fashion designer who shot to global fame with her Muslim-themed collection was sentenced to 18 years in prison Wednesday for a multi-million dollar fraud and money-laundering. A court near Jakarta convicted Anniesa Hasibuan, 31, and her husband of cheating customers who booked Hajj and Umrah trips through a travel agency they operated. The pair were accused of bilking thousands of clients out of at least 848 billion rupiah ($60 million), a steep fall from grace for Hasibuan who had become a…

Fashion and sport brands clash in luxury sneakers race

MILAN: What do you get when luxury fashion meets sport? $10,000 sneakers. High-end brands such as Kering’s Gucci, Prada and Balenciaga are increasingly looking to sneakers for growth, putting them in direct competition with sportswear giants like Nike, Puma and Adidas, and giving rise to ever-more striking and expensive designs. Luxury groups say they are now increasing investments and marketing budgets to face down their new opponents. “When I saw sneakers were going to be a thing, I fought it for a bit,”…

Fashion label dies with us, say Dolce and Gabbana

MILAN: Italian fashion icons Domenico Dolce and Stefano Gabbana said Thursday that their famed Dolce & Gabbana label would die with them. "Once we're dead, we're dead. I don't want a Japanese designer to start designing Dolce & Gabbana," Gabbana, 55, said in an interview with Italian newspaper Corriere della Sera. The veteran fashionistas launched their brand in 1985 and continue to work together despite breaking up as a couple in 2004. "When we split up, we said to ourselves that it was better to divide up…

Versace will stop using fur in products, says Donatella

LONDON: Donatella Versace has said her family's luxury fashion label will no longer use real furs in its products, according to an interview with a British magazine. The Italian fashion queen and Versace's creative director told The Economist's 1843 magazine that it would stop the practice, without providing further details on the change. "Fur? I am out of that," Versace said. "I don't want to kill animals to make fashion. "It doesn't feel right." Versace's headquarters in Milan, Italy, could not be reached for…

Fashion designer Givenchy dies aged 91

PARIS: Hubert de Givenchy, the aristocratic French fashion designer famous for the "little black dress" and styling Audrey Hepburn and Jackie Kennedy, has died aged 91, his partner said Monday. Givenchy set the template for ladylike chic in the 1950s and 1960s, dressing everyone from Princess Grace of Monaco to Jane Fonda. His longtime partner, the former haute couture designer Philippe Venet, announced his death through the Givenchy fashion house, saying he had died in his sleep on Saturday. The House of Givenchy…

Queen Elizabeth makes surprise appearance at London fashion catwalk

LONDON: Britain’s Queen Elizabeth made a surprise appearance in the front row at a fashion catwalk on Tuesday where she watched a show by emerging designer Richard Quinn. The 91-year-old monarch, dressed in a pale blue suit, sat next to Anna Wintour, editor in chief of American Vogue magazine, as models displayed a series of bold and brightly coloured designs at the end of London Fashion Week. She later presented the inaugural Queen Elizabeth II Award for British Design to Quinn. The Award has been initiated in…