Christian Dior’s Profits Down; Tom Ford’s First Movie Heads to Venice Film Festival

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Christian Dior SA's net profits dropped 27 percent in the first six months of 2009. Sales are down 0.2 percent. [WWD]

• Meanwhile, at PPR, Bottega Veneta is the company's only label that saw growth in sales, with a reported rise of 8.6 percent in profits in the second quarter. [Fashionologie]

• Tom Ford's directorial debut, A Single Man, will premiere at the Venice Film Festival on September 11. [WWD]

• An illustration of Cate Blanchett graces Australian Vogue's September cover. [WWD]

• Here is a selection of spreads overseen by Anna Wintour when she was the fashion editor of New York from 1981 to 1983. [Fashionologie]

• Ashton Kutcher said he bought counterfeit Calvin Klein T-shirts, Versace pants, and fake watches for his family when he was a struggling model in New York. He wanted to show them he was doing well even though he was completely broke. [Parade]