By Deepa Babington FLORENCE, Italy (Reuters Life!) - New York-based designer Diane von Furstenberg sent models traipsing down a lush garden runway in breezy chiffon dresses and ruffled headbands to mark her first fashion show in her native Europe.
Five months after bidding farewell to the Paris catwalks at a final haute couture collection in January, Italian designer Valentino is back in the French capital with a major retrospective of his five decades in fashion.
Private equity firms Carlyle CYL.UL, TPG TPG.UL, Candover and Doughty Hanson are likely to bid in the second round of the auction of Italian fashion house Roberto Cavalli, set for mid-July, people close to the matter said.
Higher costs for gasoline and food again put pressure on a key gauge of retail inflation in May, according to economists polled by Reuters ahead of Friday's release of the monthly consumer price index.
Well before the store opens, a window-cleaning van arrives every morning to ensure gleaming windows set off the sparkle of diamonds. A pair of burly guards, in black suits and earpieces, take their places.
Switzerland coach Koebi Kuhn was devastated after the co-hosts were knocked out of Euro 2008 by Turkey's stoppage-time winner on Wednesday. "It's a very, very big disappointment," Kuhn said after Turkey's last-gasp 2-1 victory in Group A.