Morning Hemlines: Bon-Ton, Luxury, Jack Spade, McCain and Obama, Sir Green, LA Fashion Week

Clothing manufacturers are demanding faster payment from department store chain Bon-Ton. (NY Post)

Luxury retailers like Canali, Hermes, and Tiffany who invested big on (not just in) Wall Street could take a hit. (Portfolio.com)

In the last presidential debate, "Obama wore his suit, and McCain's suit wore him." (LA Times)

Cerruti is bringing back its women's wear line, designed by Jean-Paul Knott. (WWD)

Jack Spade is going to launch a menswear line. (DNR)

Sir Philip Green, the owner of Topshop, flew to Iceland over the weekend to hammer out a deal with retail investor Baugur. which has House of Fraser, Mappin & Webb, Oasis, Warehouse, and Whistles. (Guardian)

What would it take to make LA Fashion Week a must-see for the fashion world? (LA Times)