Queen of pop Madonna has been unveiled as the newest face for high fashion brand Dolce & Gabbana, and is set to front their Spring/Summer 2010 campaign. The Italian fashion duo, Domenico Dolce and Stefano Gabbana has announced the news on their online magazine, Swide.com.
To have Madonna in our campaign is a dream come true.
Dolce and Gabbana’s spring/summer 2010 collection will return to the Italian roots of the brand, evoking its strong heritage and revisiting iconic pieces such as the corset, so it’s only fittingMadonna, with her Italian heritage and strong sensuality, should be the one to showcase the Sicilian-inspired collection. Domenico Dolce and Stefano Gabbana Said.
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Italian fashion house Versace is cutting about a quarter of its global workforce and expects to post a loss this year as it takes a hit from slumping demand for luxury goods and designer items in the financial crisis.
The celebrity-favorite fashion brand, whose gowns are worn byHollywood actresses such as Angelina Jolie, is taking measures aimed at returning the group to profitability in 2011, it said in an emailed statement.
A source close to the company said Versace had a pretax loss of 400,000 euros ($593,400) last year and this would widen to 30 million this year.
Versace, which has a total workforce of 1,360, said it would cut about 350 jobs worldwide in a reorganization plan which will see it rationalize production facilities, review its store network, reduce capital investment next year and cut overheads.
All measures will be implemented by the middle of next year.
“Trading conditions in the wake of the global financial crisis have been severe and the company expects to make a loss in 2009,” Chief Executive Gian Giacomo Ferraris said in the statement.
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Watching an Isabel Marant show isn’t so much about exercising professional judgement as making a new season shopping list. That would explain why so many fashion editors have been wearing her autumn/winter 2009 leopard or python print dress on the front row.
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