Posts for November 5th 2009

Founder's Son Loses Bid on Escada to Mittal Family
Founder's Son Loses Bid on Escada to Mittal Family November 5, 2009 2:29 pm >> Billionaire Lakshmi Mittal's 33-year-old daughter-in-law Megha Mittal, who has been looking to make an investment in the fashion industry for the past year and previously expressed interest in Gianfranco Ferre, will acquire Escada for an undisclosed price.  Mittal won the bidding war against Sven Ley, son of Escada founder Wolfgang Ley.The management board and the new investor "have agreed to cooperate on the basis of the business strategy launched in mid-2008 securing continuity of the operative business," according to a statement released; the previous board of management will stay intact.  Mittal supports Escada CEO Bruno Saelzer's intentions to turn Escada from the eveningwear legacy of its heyday into more affordable daywear.
November 5, 2009 1:46 pm >> Roberto Cavalli Spring 2010 Ad Cast Revealed; Daisy Lowe for Louis Vuitton?
Donatella: I Handled Versace While Under Influence of Cocaine, Will Weather Economy, Too
I Handled Versace While Under Influence of Cocaine, Will Weather Economy, Too November 5, 2009 12:52 pm >> Versace is definitely feeling the economic crunch, completely pulling out of Japan, where it's had a presence since 1981, and announcing impending layoffs of over a quarter of its current workforce.  But Donatella Versace aims to keep up appearances — she sponsored the Whitney Museum Art Gala in New York two weeks ago, jetted off days later to Rio de Janeiro for a Fashion Rocks event, and has just named Georgia May Jagger, Jerry Hall and Mick Jagger's 17-year-old daughter, the face of her Spring 2010 campaign, as photographed by Mario Testino.
Prada Tome Will Celebrate 30 Years of Innovation and Experimentation
Prada Tome Will Celebrate 30 Years of Innovation and Experimentation November 5, 2009 12:17 pm Patrizio Bertelli and Miuccia Prada have created a 706-page book for the purpose of capturing Prada's innovations in fashion, art, architecture, and film throughout the past three decades.
November 5, 2009 11:44 am >> Angels Said to Be Reenacting "Freedom!
Isaac Mizrahi Brings Tartan Prints and Tea Cups to QVC
Isaac Mizrahi Brings Tartan Prints and Tea Cups to QVC November 5, 2009 10:51 am Last night we celebrated Isaac Mizrahi's new lifestyle collection for QVC with the designer himself and a few of his fashion friends—including Glenda Bailey, Mary Kate and Ashley Olsen, and Katrina Bowden.
Tom Ford Talks His Mid-Life Crisis, How He Will Never Retire
Tom Ford Talks His Mid-Life Crisis, How He Will Never Retire November 5, 2009 9:57 am >> Tom Ford is mulling a return to women's fashion as early as next season; he feels like fashion has floundered since he left Gucci in 2004, he told W, and wishes the decade didn't have such a lack of definitive looks: "I don’t mean that that has anything to do with my leaving.
Stella McCartney Mixes Strawberry Prints with Black Lace in Spring 2010 Lingerie Collection
Stella McCartney Mixes Strawberry Prints with Black Lace in Spring 2010 Lingerie Collection November 5, 2009 7:20 am View Slideshow ›
Fashion in 50 Seconds 11/05/09 Lara Stone is Model of the Year
Fashion in 50 Seconds 11/05/09 Lara Stone is Model of the Year November 5, 2009 7:05 am Lara Stone named model of the year by British Vogue, photographed for the December cover by Mario Testino.