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Adidas expects World Cup to boost sales but warns of market turmoil in Russia, Argentina

BERLIN - German sportswear maker Adidas expects the soccer World Cup will boost sales this year, but warned that volatility in the currencies of markets like Russia and Argentina will dampen results. Adidas predicts sales to rise by a "high single digit" in 2014 when not counting the currency effects, after growing 3 per cent in 2013. When including the currency shifts, however, it warned sales would be significantly lower, after a 3 per cent drop last year. Adidas shares were down 1.4 per cent in morning trading.

Chanel turns itself into a giant supermarket for fashion week

PARIS (Reuters) - Most designers try to make consumers dream at their fashion shows, but Karl Lagerfeld sought to bring them back into real life by presenting his latest collection in a spoof Chanel supermarket. Paris' prestigious Grand Palais, where the French brand traditionally hosts its glamorous shows, was filled with endless rows of Chanel-branded pasta, cheeses, sauces, detergents and other products of daily life created solely for the occasion.

Paris fashion goes shopping at the Chanel supermarket

Princess Sirivannavari of Thailand browsed breakfast cereals in a tiara: Keira Knightley lingered by the cheese counter; Rihanna looked glamorous over by biscuits and cakes. Karl Lagerfeld took VIPs shopping on Tuesday at the "Chanel Supermarket" complete with fully-stocked aisles, check-outs, trolleys, special offers and discount posters. Always widely anticipated as one of "the events" of Paris fashion, Lagerfeld transformed the city's vast Grand Palais into a life-sized supermarket.

Adidas extends CEO contract as starts succession plan

By Emma Thomasson HERZOGENAURACH, Germany (Reuters) - Adidas <ADSGn.DE> has extended the contract of long-serving Chief Executive Herbert Hainer until 2017 but will work with him on a succession plan to ready the world's second-biggest sportswear company for "generation change". Hainer has been CEO since March 2001, making him the longest serving boss among German blue-chip companies, prompting speculation over whether he might think about stepping down as he approaches his 60th birthday in July.

Stars shine on Oscars red carpet as sun comes out

Hollywood's A-list stars exuded subtle elegance and old-school glamour on the Oscars red carpet Sunday, as the sun came out just in time for Tinseltown's biggest night of the year. Lupita Nyong'o, the winner of the Oscar for best supporting actress for her searing turn in "12 Years a Slave," rocked a sleeveless pale blue pleated Prada gown with a deep-V neckline -- and a headband.

Pale metallics, bold jewel tones dominate Oscars red carpet

By Piya Sinha-Roy LOS ANGELES (Reuters) - Shimmering metallics, bold jewel tones and newcomer Lupita Nyong'o led the style at this year's Oscars red carpet, as actresses shunned runway trends to showcase colors and silhouettes inspired by Hollywood's golden age. All eyes were on the year's best-dressed starlet on the red carpet - best supporting actress Oscar winner Nyong'o.

Stars shine on Oscars red carpet as sun comes out

Hollywood's A-list stars exuded subtle elegance and old-school glamour on the Oscars red carpet Sunday, as the sun came out just in time for Tinseltown's biggest night of the year. Lupita Nyong'o, a favorite to win the Oscar for best supporting actress for her searing turn in "12 Years a Slave," rocked a sleeveless pale blue pleated Prada gown with a deep-V neckline -- and a headband.

Femininity with attitude, easy elegance at Paris fashion

Chloe designer Clare Waight Keller on Sunday mixed soft, pastel coloured femininity with untamed attitude while Celine's Phoebe Philo was all about easy elegance on day six of Paris fashion. Dresses in folded layers of chiffon and drop panelled skirts embodied the essence of traditional Chloe woman in Waight Keller's autumn/winter 2014/15 collection. Wildcat furs with tangled fringing and padded leathers, however, added a sense of mystery and magnetism, according to the young British designer who has been at the helm at Chloe since May 2011.

V-neck is surreal inspiration for grey men of fashion

Dutch designers Viktor&Rolf on Saturday resumed their love affair with grey in a collection that played on the humble V-neck sweater to conjure up a string of characteristically surreal looks. Viktor Horsting and Rolf Snoeren, whose couture shows are often described as more performance art than fashion, opened their first flagship store in Paris in December 2013 with an interior decorated entirely in grey felt.

Paris Fashion: Rihanna eyes up fashion industry, sneaking in the back door of Balmain show

PARIS - She may sing "Please Don't Stop The Music," but the music at the Balmain show had well and truly stopped when seven-time Grammy Award-winner Rihanna sneaked in the back door, after everyone had left. That is, apart from a handful of people. Here are the highlights of Thursday's fall-winter ready-to-wear shows. ___ RIHANNA'S SURPRISE VISIT AT BALMAIN
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