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New York fashion kings close out the week

New York design kings Ralph Lauren and Calvin Klein closed out Fashion Week on Thursday by unveiling their fall/winter runway collections to a star-studded audience. Fashionistas braved a major snowstorm, picking their way on stilettos through the ice and slush to attend en masse the hotly anticipated catwalk shows of both fashion empires. With New York fashion darling Marc Jacobs holding the last show later Thursday, the global fashion bandwagon heads to London on Friday before winding its way to Milan and Paris.

Hollywood A-list front row for NYC fashion royalty

Hollywood's A-list stars trooped out in force Wednesday to watch big name US designers unveil their 2014 fall/winter collections on the penultimate day of New York Fashion Week. Oscar-winning actresses Gwyneth Paltrow and Reese Witherspoon, and silver screen legend Michael Douglas led the star line-up at the runway shows of Hugo Boss and Michael Kors. Jason Wu, who showed his own collection last week, came back with a sparkling line in his second job as artistic director for womenswear at the German fashion house.

Vera Wang's 'dark romance' for next winter

Vera Wang, fashion designer to the Hollywood A-list, on Tuesday unveiled her 2014 fall/winter collection inspired by "dark romance" and "a hint of mystery". Wang, whose evening wear and bridal gowns are highly coveted by the most famous women in Tinseltown, told AFP that her runway show was perhaps the most personal of her long career. "Dark romance, it's my true spirit," she said. "We change, we're affected by the world, films, art, sport, books... but this time for me it was really, really personal."

Carolina Herrera looks to future in NYC show

At 75, Carolina Herrera is showing no sign of slowing down or wallowing in nostalgia, unveiling her 2014 fall/winter collection on Monday for the contemporary woman looking to the future. The doyenne of New York Fashion Week, the Venezuelan-born designer known for her elegance and sophistication has dressed first ladies, society women and film stars all over the world. Vogue editor-in-chief Anna Wintour and burlesque dancer Dita von Teese sat front row at the Lincoln Center show, which was crammed to bursting with fashionistas, fellow designers and journalists.

Social media fuels 21st century fashion revolution

It may be stilettos at dawn to get a ringside seat at New York's most exclusive fashion shows, but forget the fur-clad heiresses, today's VIP is the Internet. The explosion of social media is perhaps the greatest revolution in fashion since Mary Quant's mini skirt, transforming the industry's branding and fan base. And that revolution is on display like never before at New York's seven-day fashion week binge of couture that kicks off the 2014 fall/winter season that next heads to Europe.

Fashion Week kicks off in snowy New York with anoraks, sweaters

By Ellen Wulfhorst NEW YORK (Reuters) - A gala week of designer fashion shows kicked off on Thursday in New York, where insiders said to expect everything from fringe and shearling to pared-down monochrome on styles coming down the runways. Nicholas K, a brother-and-sister design team based in New York, was first out of the chute at the official Fashion Week, staged at Manhattan's Lincoln Center, with oversize anoraks and folded, draped sweaters in somber hues of midnight blue, gray heather and indigo, with dashes of burgundy.

'Sneakerheads' brave cold, lines for chance to own rare shoes

TORONTO - They line up outside in the cold, sometimes waiting the whole night in the hopes of adding a prize piece to their collection, knowing they may still leave empty-handed. But for sneakerheads, a growing group of shoe obsessives, it's a worthwhile sacrifice for a chance to own limited release footwear. Joseph Chan, 23, camped outside an east Toronto mall twice in December despite the arctic weather.

Luxury goods purveyor LVMH says 'uncertain' environment in Europe behind flat-lining profit

PARIS - Luxury goods purveyor LVMH Moet Hennessy Louis Vuitton says profit from sales of Bulgari watches, Givenchy gowns and other high-end fashions was almost flat last year while revenue growth slowed sharply. The fashion company headquartered on Paris' elegant Champs Elysees boulevard reported net profit of 3.44 billion euros ($4.7 billion) in 2013, up only 0.4 per cent from 3.42 billion euros in 2012.

J.C. Penney, A&F take different steps on poison pill anti-takeover defence

NEW YORK, N.Y. - Two struggling retailers, J. C. Penney and Abercrombie J.C. Penney announced steps that will make it easier to trigger its "poison pill," making it more difficult for an activist investor to push for a sale. Its shareholder rights plan, as the takeover defence is known, can now be put into effect if an individual or group acquires 4.9 per cent or more of its outstanding stock. That's down from a 10 per cent threshold. The retailer said the move was designed to protect its ability to use certain funds that can be used for tax benefits.

Abercrombie & Fitch separates chairman and CEO roles; terminates shareholder rights plan

NEW ALBANY, Ohio - Abercrombie Such a plan, also known as a "poison pill," is typically used by a company when it is trying to ward off a hostile takeover attempt. Arthur Martinez, the former head of Sears, was named non-executive chairman. Michael Jefferies, who'd served as chairman since 1996, will remain a director and the CEO. Abercrombie
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