Though America stands poised for its first black president in history, the fashion world descending on Paris for this week's couture-show summit will be treated yet again to a "white-out" on the catwalks.
China, already a formidable powerhouse in ready-to-wear fashion, has broken into the elite circle of French haute couture, with the first Chinese designer due to unveil her collection for next autumn-winter in the shows which take to the catwalks on Monday June 30th.
Nike Inc stressed on Wednesday that it was still a growth company even as U.S. weakness spooked investors, sending shares down 5 percent on a day when the world's largest athletic shoe and apparel maker posted strong international results.
East will meet West next summer for Giorgio Armani male fans with Asian inspired long shirts, shantung trousers and fitted jackets, the Italian designer suggested in his menswear show, which won him loud applause.
Some commercial real estate sectors could be in for dark days if housing values continue to fall and the U.S. economy deteriorates, the head of commercial real estate for Marathon Asset Management said on Monday.
Flowers and flamingos injected a dose of the tropical into Milan fashion week on Monday when Gucci designer Frida Giannini dressed her men colorfully for next summer. Models walked out in blooming cotton shirts and thin ties with flamingo motifs.