Beyonce “Italian Vogue” Photo Shoot» view comments
Slowdown hits Italian fashion industry» view comments
A leading distributor of clothes and accessories made by Italy’s high-flying fashion designers filed for bankruptcy protection on Monday in a sign of how the global financial crisis is beginning to seriously bite at the luxury goods industry.
IT Holding, which distributes products for brands such as Versace and Cavalli and owns the Gianfranco Ferre label, said it had put Ittierre SpA, its main operating subsidiary, into administration after it ran out of money and was unable to finance its licensing operations.
The company’s board said it would meet again “soon” to examine its options. Shares of IT Holding were suspended on the Milan stock exchange. It had net revenues of €636m in 2007, the most recent year for which figures are available.
The $250,000 Ferragamo Crocodile Trench Coat - Luxist» view comments
Luxury Italian fashion house Salvatore Ferragamo has upped the ante considerably with a full length, double-breasted trench coat (above) made from the world's finest crocodile skin that costs an astounding $250,000.
Lindsay Lohan’s Fornarina Campaign Is Out» view comments
Lindsay Lohan's spring ads for Italian lifestyle brand Fornarina are out.
ThreadMe News
To participate:
1. Bookmark this link: ThreadMe News Clip by right clicking on it or dragging it to your toolbar
2. To submit a story, click on ThreadMe News Clip in your bookmarks, login, and fill out the story info
3. Readers vote on the most popular stories
4. Check out “upcoming” stories and vote them up. With enough votes, they will be promoted to the front.
1. Bookmark this link: ThreadMe News Clip by right clicking on it or dragging it to your toolbar
2. To submit a story, click on ThreadMe News Clip in your bookmarks, login, and fill out the story info
3. Readers vote on the most popular stories
4. Check out “upcoming” stories and vote them up. With enough votes, they will be promoted to the front.
