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Feb 7 2008 9:21AM EST

Fashion Breakfast: Marc In Bribery Scandal, Ken Cole Gets New Ads

Marc Jacobs and P.R. firm KCD are being investigated by New York State Attorney General Andrew Cuom oover charges that they paid the former superintendent of Manhattan's 69th Regiment Armory $30,000 to reserve the downtown armory for his fashion shows. (WWD)

New profits up 8 percent at LVMH last year, and Chairman Bernard Arnault says he's not afraid of a U.S. recession. (WWD)

Kenneth Cole's famous ads get a makeover for the company's 25th anniversary. His url will replace his logo on the bottom. (WWD)

Hugo Boss net profits up 20 percent in 2007 thanks to large gains in its women's business. (WWD)

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