Whilst we've seen the jumpsuit become a catwalk staple for some seasons now, the key to buying an investment to last Summer through to Winter is to look for a long sleeved, long legged one-piece. Keep it belted to accentuate the figure and buy in neutral colours, sticking to black, petrol blue or nudes and pale greys. Accessorize with shoe boots for day or stilettos for night, and even an oversized pompom if you're feeling brave a la Sonia Rykiel.
It's official: Luxury-goods retailer Richemont has purchased a 33-percent stake in Net-a-Porter, with an apparent interest in buying the rest of the e-tailer's shares. The value of the potential deal? Try £350 million. Net-a-Porter founder Natalie Massenet has agreed to get rid of her £50 million-valued share, but she'll stick around as executive chairperson of the company.
Considering Net-a-Porter's 3 million monthly visitors and the brand's credit with reinventing luxury shopping, this is a huge deal. Let's hope the change of financial hands only adds to the strength of this fashion power player.
Phoebe Philo has been one hot name in fashion for awhile now, and after her stint at Chloé was so critically successful, there is no wonder that when Michael Kors left the French brand Celine, Philo was high on the wishlist of those to become his successor. So much so, that chief executive of LVMH's fashion division Pierre-Yves Roussel spent almost a year travelling every other week to London to try to convince English designer Philo to join the brand. One newly built design studio in London later, Philo signed on, and since then the brand has seen some drastically positive changes.
In order to increase the Celine's status as a luxury-goods company, ties with lesser exclusive retailers such as Net-a-Porter and Bloomingdale's were axed, along with all but one Celine store in the USA being shut. Whilst prices might have increased since the addition of Philo, bag production no longer takes place in China, and the label has seen a positive change from press towards collections. Philo's aim, as she states, is to re-establish the brand with the high-end image it longs for, which will then allow for expansion and possible diffusions in the future. She said: "I felt it was necessary to establish quality to the brand. Now that we are establishing that and the top of the pyramid is in place, we can open it out."
It looks like the powers that be at Emmanuel Ungaro were not willing to putting the label at risk for another season. This week it was announced, with a sigh of relief, that Lindsay Lohan and Emanuel Ungaro have parted ways. Lohan did not attend the brand's fall 2010 show and Asim Abdullah confirmed the separation backstage after the show.
Despite the backlash and criticism that came with her collection for the brand, Karl Lagerfeld has quickly defended her. "It's not doing her justice because she's the sweetest girl in the world," he told WWD.
Unfortunately not every one shares his sentiments. Nylon pointed out that Net-a-Porter have only stocked pieces from the resort collection before Lohan came on board. It was widely reported that the e-retailer and Neiman Marcus dropped the line last season.
