>> THE ZEITGEIST —Cathy Horyn just posted an insightful state of the union-type speech that she made a few nights ago, focusing on fashion and some of the economic challenges facing the industry.  Among the highlights: "'Green fashion' will become more and more important, and young consumers in particular will expect to see innovation and experimentation in this area . . . I am somewhat surprised that a big luxury group has not had the foresight to create a separate eco-brand of high-quality garments, with a casual yet sophisticated aesthetic. We’ve seen a number of niche labels, but not one that draws on the brand power and advertising reach of a luxury group." Perhaps that is precisely what LVMH has in mind for new investment Edun? [On the Runway]