The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade Organization (WTO) to its knees.
Having named Doublet and Rokh as its winners in 2018, the luxury group has opened applications for the sixth edition of its competition dedicated to young designers. Candidates can apply until 4 February, 2019.
UK shares were lower on Monday as online fashion store Asos' profit warning dragged retailers lower, reinforcing woes about slow sales during the busy holiday season amid continued caution about Brexit.
EU antitrust regulators fined U.S clothing company Guess €40 million ($45.3 million) on Monday for illegally blocking cross-border sales in Europe, part of a crackdown on illegal practices blocking e-commerce in the EU.