Tag: news

FTC Updates Wool Act

The Federal Trade Commission has announced changes in rules of the Wool Act. According to the FTC.gov, the changes to the Wool Rules have been approved and caught them up to date with recent changes that were made to the Textile Rules. In January 2012, the commission encouraged the public to give their opinions on changes they feel are necessary…

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Teen Vogue Fashion Director Leaving

News confirmed last Friday that, after 11 years at Teen Vogue, fashion director, Gloria Baume, is leaving the publication in early June, according to Women’s Wear Daily. Baume will finish her remaining projects and stories through the end of May, but will be departing the magazine this summer. Her next move is unknown. She has the full support of editor-in-chief,…

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Salvatore Ferragamo Profits Up 2%

Salvatore Ferragamo Profits Up 2%

Italian luxury design company, Salvatore Ferragamo, recently announced a 37.2 million dollars (27 million euro) increase, or 2% gain, in profits for the first quarter, ending March 31, this year in all markets. Growth was especially seen in shoes or footwear, which was up 4.6% and handbags/leather product sales, up 15.3%, both accounting for 77% of total sales. While sales…

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