Karl Lagerfeld is the latest fashion icon to come under fire for allegations of tax evasion, and according to reports that came in yesterday is under investigation for hiding over £15million from the French government tax authorities using complex transactions between various companies.

The French government has passed a new law making it a criminal offence to employ severely thin models on the catwalk. Under the new law, anyone running an agency found to be employing models below the set BMI, risks a maximum six-month prison term and a €75,000 (£55,000) fine. 

 British Fashion Designer, Mary Katranzou, known for her digitally printed designs, has been accused of copyright infringement of a photo image and using it without permission on a range of t-shirt and a handbags in her 26 piece capsule collection.

British designer Stella McCartney is reportedly suing Steve Madden for selling a "knock-off" version of her popular Falabella bag. In a complaint filed in New York federal court, the British Brand McCartney says the U.S designer Steve Madden's Btotally tote bag — which is more than $1,000 cheaper than McCartney's  — “clearly seeks to mislead consumers,” the suit says and is a “near-identical” to the company's own Falabella bag.

Think that no one get hurts when you buy a knockoff item? According to Art historian and author Noah Charney, your dead wrong. In a recent article over at Salon, author Noah Charney discusses the sale of counterfeit luxury goods in Italy. Louis Vuitton, Gucci, Hermès, Fendi. Her article draws a link between the sale of counterfeit goods and the growing human rights issue of human trafficking, a form of modern slavery where people profit from the control and exploitation of others.