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.