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Exclusive: 'Leopard King' Cavalli nears 450 million euro sale to Permira - sources

By Pamela Barbaglia and Sophie Sassard LONDON (Reuters) - Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters. A sale would mark the end of more than 40 years on the haute couture scene for Cavalli, known as "The Leopard King" for his animal prints colorfully cast in leather, silk and velvet.

Ex-supermodel champions Paris chic for Japanese label

Paris fashion has been on the back foot recently with Tom Ford championing British eccentricity in London and Saint Laurent's Hedi Slimane leading a style renaissance in Los Angeles. Cue ex-supermodel Ines de La Fressange with a collection restating the case for her own personal brand of classic Parisian chic. The one-time muse of Chanel designer Karl Lagerfeld whose book on how to dress like a real Parisian was a best-seller has just completed a collaboration with Japanese fashion retailer Uniqlo that had shoppers queuing in the rain in Tokyo.

Burberry bags rising quarterly sales

British fashion group Burberry on Wednesday reported a rise in second-quarter sales, boosted by its online division, but cautioned that currency fluctuations would hit profits this year. Revenues at the luxury retailer rallied 19 percent to £1.3 billion ($2.2 billion, 1.6 billion euros) in the six months to the end of March, compared with the same part of the prior financial year, Burberry said in a trading update.

Thousands of workers strike at China shoe factory

Tens of thousands of workers were on strike Wednesday at a factory in southern China which makes shoes for Nike and Adidas, rights groups and a worker said. More than 30,000 employees at the Yue Yuen Industrial (Holdings) factory in Dongguan city have been striking for several days in protest at unpaid social insurance payments, said US-based China Labour Watch, adding that police had beaten and detained several protesters.

Thousands of workers strike at China shoe factory

Tens of thousands of workers were on strike Wednesday at a factory in southern China which makes shoes for Nike and Adidas, rights groups and a worker said. More than 30,000 staff at the Yue Yuen Industrial (Holdings) factory in Dongguan city have been striking for several days in protest at unpaid social insurance payments, said US-based China Labour Watch, adding that police had beaten and detained several protesters.

In Great Lakes region, many Jewish families running short of Passover food staple: whitefish

TRAVERSE CITY, Mich. - Many fish markets in the Great Lakes region are running short of whitefish, and it's coming at a bad time: the Passover holiday. Whitefish is a key ingredient in gefilte (geh-FIL'-tuh) fish, a traditional Jewish dish that originated in eastern Europe. Recipes vary, but it often consists of ground fish, vegetables such as onion and carrots, and bread crumbs formed into loaves or balls.

LVMH shares rise on improving growth at Louis Vuitton

By Astrid Wendlandt PARIS (Reuters) - Louis Vuitton sales to Chinese and European customers improved in the first quarter, parent LVMH <LVMH.PA>, the world's biggest luxury group, said on Thursday after posting forecast-beating fashion and leather sales. Fashion brand Louis Vuitton, the group's biggest contributor to profit and sales, has been enjoying a pick-up in demand in recent months, helping alleviate concerns it lost its sparkle after a decade of strong growth.

Move over, Mum: Prince George is new fashion icon

Just months ago it was his mother's fashion choices that sparked a buying frenzy -- but with just one pair of mini-dungarees Prince George appears to have stolen her fashion limelight. When the eight-month-old future king crawled about in a playgroup in Wellington, New Zealand, on Tuesday for what was billed as his first major public engagement, his outfit sold out within hours -- the same effect that his mother Catherine has had in the past.

Head of Rwanda radio disappears without trace

The head of a Rwandan Christian radio station disappeared without a trace after a ceremony commemorating the 1994 genocide, Reporters Without Borders said Wednesday, expressing concern that he may have been abducted. The disappearance of Cassien Ntamuhanga, director of Amazing Grace Christian Radio, comes just weeks after the media watchdog condemned what it called "harassment" and "intimidation" of journalists by the Rwandan government, accusing authorities of trying to stifle independent reporting.

Challenge to sustain Rwanda's post-genocide economic boom

Twenty years ago the Rwandan economy was in ruins: the banks were empty, cash crops rotted in the fields and the streets were strewn with corpses. The once carefully cultivated hillsides were deserted as the perpetrators of the genocide -- which left some 800,000 people dead, essentially ethnic Tutsis -- fled the country en masse. Survivors in rags limped back only to find their relatives hacked to death, their houses ransacked and their livestock stolen or slaughtered.
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