Ferrari announced Wednesday it had recalled all versions of its model 458 Italia sports car produced before July 2010 after four of them caught fire.
“Our dealers are going to call clients and tell them to bring back their cars so that the necessary modifications can be carried out,” a spokesman told AFP. The recall involves 1,248 vehicles worldwide, the official said.
Ferrari last week opened an enquiry after four of its vehicles caught fire spontaneously in California, China, France and Switzerland.
High-street retailer H&M on Thursday announced plans to collaborate with French design label Lanvin.
The collection will be designed by Lanvin’s artistic director Alber Elbaz, and menswear designer Lucas Ossendrijver.
This exclusive winter collection will go on sale on November 23rd at 200 H&M stores worldwide
“H&M approached us to collaborate, and to see if we could translate the dream we created at Lanvin to a wider audience, not just a dress for less,” says Elbaz.
For the second year, Shia LaBeouf, star of the Transformers series, ranks number one on Forbes magazine’s list of Hollywood’s “Best Actors For The Buck.”
The actors in this annual listing are considered a good investment at the box office for film studios. For each $1 the studio spent on LaBeouf for a film, it received an average of $81 in profits.
The actor has also starred in Indiana Jones and the Kingdom of the Crystal Skull and the upcoming Wall Street: Money Never Sleeps.
The pricey German fashion group Hugo Boss will use a strategy pioneered by lower-cost brands to get new collections out faster, chief executive Claus-Dietrich Lahrs said in an interview on Tuesday.
“Shortening the times from collection development to production and delivery to the customer is crucial for our future success,” Lahrs told the Finance Times.
Boss sought the “speed and reactivity” of popular European retail chains like Zara and H&M, but would maintain its position as a premium brand, he added.
Bono and and his wife Ali Hewson star in the newest of Louis Vuitton’s “core values” ads shot by Annie Leibovitz.
The couple, who were shot in South Africa, wear clothing by Edun, Hewson’s sustainable fashion line. in which LVMH took a 49 percent stake last year.
it’s the first time the U2 front man has appeared in an ad without his band, and the first time a label other than Vuitton is getting a fashion credit.