LVMH has severed its last employer-employee ties with John Galliano, and fired him from the brand that bears his name, a source confirmed today. Of course, Mr Galliano still owns shares in his eponymous company (LVMH just has a majority), so they’ll have to maybe sort of work together, unless they sell it, a natural next step, and pass the tarnished-name-problem onto someone else. Not that the LVMH folks are talking.

Officially, there is “No release, comment or anything on the record” (this from a spokesperson).

By Rachel Sanderson

The buyout of Bulgari by LVMH has triggered more than a popular outcry in Italy about Italian fashion brands falling into foreign hands. The government yesterday passed a bill to try make it more difficult for foreigners – read the French – to acquire, literally in this case, the family jewels.

True, Italians have some reason to bemoan the buyout of some of their most lauded names by foreign owners. Bulgari’s move to LVMH follows Fendi before it, while Gucci and Bottega Veneta are securely enfolded in France’s PPR. Valentino is owned by a UK private equity firm. Gianfranco Ferre was recently rescued from bankruptcy by Paris Group, a Dubai-based retailer. Read more

Follow the FT’s latest reports from Paris Fashion Week.  Read more

Follow the FT’s reports from Paris Fashion Week. Read more

Follow the FT’s reports from Paris Fashion Week.  Read more

Follow the FT’s reports from Paris Fashion Week. Read more

Follow the FT’s reports from the final day of Milan Fashion Week.  Read more

Christian Dior has suspended creative director John Galliano after his arrest last night in Paris on assault charges, pending investigation. Mr Galliano had allegedly been under the influence of alcohol, and shouted anti-semitic comments at a couple on a Marais cafe.  Read more

Interestingly, given all that has been written about the hoo-ha of brands placing bloggers in their front row and the supposedly retrograde reaction of the established glossy press (yikes! Barbarians at the gate! and all that) this week American Glamour has invited – and imported, on their own budget – five of the “guest bloggers” on their new “Young & Posh Blogger network,” part of their website, to Milan, to see some shows, meet some designers, and otherwise become part of the family. If you can’t beat ‘em, employee them. Read more

Follow the FT’s latest reports from Milan Fashion Week.  Read more

Milan Fashion WeekFollow the FT’s latest reports from Milan Fashion Week.

Follow the FT’s latest reports from London Fashion Week.  Read more

Follow the FT’s latest reports from London Fashion Week.  Read more

View the pictures in the right panel, and scroll through the review on the left. Read more

Follow Vanessa Friedman’s reports from New York Fashion Week. Read more

London Fashion Week is drawing to a close today but not without a final finale from luxury fashion house Burberry. Live streaming their show to hundreds of eager consumers in stores across the world, it was the ticket of the week. Read more

It takes something fairly monumental to stop the juggernaut of a fashion week. Well that happened today – Monday – at 11am. Bang went the momentum that was building in the British fashion capital, and in came the memorial for deceased designer Alexander McQueen, at a venue he could have only dreamed of, St Paul’s Cathedral. Read more