Fashion Breakfast

Turns out America is not the only one effected by the retail decline. Analysts have begun taking note of the European slow down as well. PPR shares have declined by 17 percent since the beginning of the year and 36 percent since their Oct. 8 high of 141.50 euros, or $209.14.(WWD)

Giambattista Valli stands in the new role of creative director of Moncler's Gamme Rouge line. (WWD)

Paul Witt has joined Perry Ellis International's Original Penguin brand as vice president of global marketing and communications. Witt was vice president of global marketing for Mavi Jeans and, prior to that, was vice president of marketing at Sean John.(WWD)

PPR, the French retail conglomerate that owns Gucci Group have partnered up with French producer/director Luc Besson and photographer Yann Arthus-Bertrand to produce a film about the fragile state of the planet. (WWD)

The Spice Girls spice up Robeto Cavalli's catwalk sitting front row at the autumn/winter 2008-9 menswear show in Milan yesterday. (Vogue UK)

Stefano Pilati gets a little help from the Brits. YSL's autumn/winter 2008-9 menswear collection will be showcased tomorrow via a specially-commissioned video by a London-based production company, Colonel Blimp.(Vogue UK)