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This section offers news briefs on the fashion industry. Burlesque performer Dita Von Teese, who was one of the guests at the Gucci charity dinner, bid about $400,000 for four Madonna concert tickets, business class plane tickets to the concert and a chance to take an aerobics dance class with the pop star. Hal Rubenstein, the fashion director at "In Style" magazine was notably absent during most of New York Fashion Week. Bauer Consumer Media has suspended the publication of its two women's magazines due to poor sales performance.

The article reports that U.K. Activewear Retailer Sports Direct International PLC could block Nike Incorporated's all-cash bid for Umbro plc. Mike Ashley, owner of the discount sports retailer, bought 21.7 million shares of Umbro at Nike's $4 asking price. He now owns 29.9 percent of the stock, enough to prevent a takeover because the deal requires 75 percent shareholder approval. At the time of the bid, Sports Direct and JJB Sports PLC already owned 15 and 10 percent of Umbro, respectively.

This section offers news briefs related to the fashion and media industries. Hearst, according to British reports, has made a bid for British publishing giant Emap's consumer magazine division. The Coutorture fashion blog network of Julie Frederickson and Phil Leif has been acquired by Sugar Inc. A panel discussion was held at the New Yorker Festival on costume design.

The article reports that Darius Capital, a wholly owned subsidiary of London-based Dawnay Day Corporate Finance, has made a bid for Austin Reed, the classic British men's and women's wear retailer. Austin Reed's directors recommended that the company's shareholders accept the offer valuing the company at 49 million pounds, or $92.8 million, which translates to 144 pence, or $2.73, a share. Darius Capital, controlled by Guy Naggar and Peter Klimt, currently holds a 39% stake in Austin Reed.