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LVMH Sales Slowed and Prada Crowned World's Hottest Brand in This Week's Top Fashion News On Friday morning, the fashion industry suffered a big loss: Puig confirmed the death of legendary fashion designer Paco Rabanne, stating he had passed at his home in Portsall, France, at the age of 88. With the announcement, the parent company reminded the world of his "enormous influence on contemporary fashion, a spirit that lives on in the house that bears his name" -- and the industry has continued to celebrate Rabanne's impact.Elsewhere, on the business front, Prada was named the world's h...
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