A Global Roundup

According to a Reuters analysts poll, despite certain stores' efforts to lure in customers with deep discounts on Black Friday, the retail winners were hot products "that don't necessarily need discounts to sell, such as iPods and UGG boots." (Reuters)

When it comes to luxury, brick-and-mortar retail slumps further while online sales are surprisingly soaring. (WWD)

Project Runway winner Christian Siriano has just signed on to do a collaboration line for Payless next fall — a smart move for an emerging designer in the current economic climate. (New York Post)

Next year will be a whirlwind for fashion, WWD reports, amid "turbulence in overseas markets, a designer shakeout" at Valentino, and of course, all eyes on Michelle Obama, first lady of the nouveau fashion guard. (WWD)

— Staff