Morning Hemlines: Vegas, Christian Dior, Kenneth Cole,Jovovich-Hawk, fraud

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Fashion Inc.

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Morning Hemlines: Boscov's, Steve & ... Morning Hemlines: Webzines, Ralph La...

Aug 6 2008 9:29AM EDT

U.S. economy chips away at Las Vegas' boomtown façade as customer spending flattens out and luxury retailers must find new ways to reach a budget-conscious consumer. (WWD)

Christian Dior Couture sales rose 5% in the first half of the year, as business in China, Russia, the Middle East, and Europe remained strong in spite of the aforementioned budget-conscious consumer. (WWD)

Kenneth Cole's second quarter sales leave the company in the red, with losses of more than $2 million; the company posted a profit of over $3 million for the same period last year. (DNR)

Milla Jovovich is ending her well-received clothing line Jovovich-Hawk. No word yet on whether or not partner Carmen Hawk will design the line alone. (Racked)

Eleven men charged with identity theft in biggest international credit-card fraud ever; more than 40 million card numbers were stolen from 11 major retailers including TJ Maxx and DSW. (WSJ)

by Sean Santiago

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