John Galliano, sacked as chief designer at Christian Dior amid a furore over alleged anti-Semitic remarks, has now been fired from his eponymous label.

Women’s Wear Daily said Galliano, 50, had been “formally sacked” by directors of the John Galliano label, which is 91 percent owned by Dior.

It added that a sell-off of the upmarket label was not an immediate priority for the owners, despite “unsolicited expressions of interest in the business” coming in from China, Italy and the Middle East.

“It is understood that Dior intends to go ahead with its runway show on Friday [March 4],” Women’s Wear Daily reports.

Christian Dior released a statement on March 1 saying it had fired John Galliano with immediate effect in the wake of his arrest over anti-semitic remarks last week.

Christian Dior wins bid for one of the most famous fashion images of all time: Richard Avedon’s 1955 photo “Dovima With Elephants”.

According to WWD, the image of Dovima, dressed in a Dior evening gown at the Cirque d’Hiver, went for 841,000 euros, ($1,148,910).

This sale more than doubles Avedon’s previous auction record of $457,000 for “Marilyn Monroe, May 6, 1957, New York City,” set in 2008.

China’s ever increasing economic clout has again been reflected in a survey on consumer tastes in luxury goods which has shown the nation not only knows what goods it wants, it most certainly now has the means by which to buy them.

A report released this week by Bain & Company has claimed China is now the fastest-growing consumer of leather goods and jewelry worldwide.

Its overall luxury market has grown 23 per cent this year, meaning it’s on target to reap some 84.3 billion yuan (9.2 billion euro).

But what the world really wants to know is what are the Chinese after. According to this report, Louis Vuitton, Chanel and Gucci are the most lusted-for brands.

John Galliano launched in 2004 a line of contact lenses that feature circles of glitter, gold or black to outline the iris.

The colours only covers around the iris, but what’s special about them is that they showcase the famous “CD” logo.

Dior Eyes, which are currently on sale in stores throughout Europe, retail at between $100 and $145.

Christian Dior announces the release of the second generation of their luxury phone line just in time for the holidays.

The new luxury phone line will be launched in December 2009 and will feature gold plated and black PVD-coated handsets with sapphire crystals.

The two models are the Zelie with red casing which costs around $7,900 and the Zenaide in white which retails for $13,400.