Buyers Applaud Fall’s Minimalism; Bernard Arnault Named Seventh Richest

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• Many buyers are happy about the minimalism trend on the fall runways because they think that will sell more clothes. [WWD]

Forbes named Bernard Arnault the seventh-richest billionaire in the world. [Forbes]

• Models Isabeli Fontana, Caroline Trentini, Izabel Goulart, and Renata Kuerten appear on the new cover of Brazilian Rolling Stone. [Modelinia]

• Steve Madden will probably land the honor of making the shoes for Madonna's Macy's juniors' line. [WWD]

• Both sales and profits of the Yoox Group, which owns multiple online stores, rose this year. Net profit rose 70.6 percent in 2009 compared to 2008, and sales grew 50 percent in the same period. [WWD]

• Bruce Pask, the men's fashion director at T: The New York Times Style Magazine, designed about 150 custom costumes for the new Broadway show Promises, Promises. He had no formal training in costume design. [WWD]

• Sheer is still a big trend. [StyleFile/Style.com]

• Dr. Martens collaborated with Opening Ceremony on a line of shoes. [Racked]