Old English Plaid Nails
Maybelline Grape Time Yummy
Major Layoffs At Zac Posen & Gucci

Word on the street is that Zac Posen and Gucci are about to have some major layoffs. As of Monday, Posen vice president of communications Karen Duffy’s position was officially “eliminated”; it is now being handled by Zac’s mom, Susan, and Alexandra Smith, long-time director of public relations and celebrity. While a rep for Posen had “no comment,” an industry insider dishes that more layoffs are “pending” at the Laight St. offices, a result of the tough times designers are having in New York. The insider adds "major layoffs" are expected at Gucci as well.
Financer Bails on Luella
Dooney & Bourke CoFounder Sentence To 366 Days In Jail For Bribery
Princeton To Offer A Class On Alek Wek

Next semester, the university will offer "Model Memoirs: The Life Stories of International Fashion Models Alek Wek and Irina Pantaeva. The class will Explore the life-writing of African, and Asian women in the fashion industry as a launching point for thinking about race, gender, and class. -Huffington Post
Ungaro Calls Lindsay Collab A Disaster After He Uses Her For Publicity
Ungaro stated to People Magazine, "Lindsay Lohan's collaboration was a disaster. "I am
furious but I can't do anything about it."Ungaro continues, stating that the Paris fashion house
"is in the process of losing its soul. "That happens to a lot of designers. We were the creators
and patrons, responsible for the creation and destiny of our houses. But when we gave up our
houses, we gave up our souls," said the designer. I honestly dont feel sorry for Ungaro, this was
all his fault. Now he is blaming Lindsay shame on him for throwing her under the bus.
Tom Ford Says Yves Saint Laurent Was Evil To Him When He Worked For YSL
Tom Ford interviewed with the The Advocate Magazine. When asked about his experience working for YSL early in his career, Ford said some of his best collections were there. He than said there was a flipside "Yves Saint Laurent was such a negative experience for me even though the business boomed. Yves and his partner, Pierre Bergé, made my life such misery. I went to college in France. It wasn’t until I started working in France that I began to dislike it. They would call the fiscal police, and they would show up at our offices. They’re like Nazis, those police. They’d come marching in, and you had to let them in and they’d interview my secretary. I’ve never talked about this on the record before, but it was an awful time for me. Pierre and Yves were just evil. So Yves Saint Laurent doesn’t exist for me." -The AdvocateLa Perla To Lower Prices Permanently
So La Perla foundly got the memo (their products are too expensive). The company plans to lower prices by 30%, to increase sales and reach a new clientele. La Perla will also be including new labels for a stronger market profile, and positioning itself to compete head on with Victoria Secret. The changes should begin to reflect spring 2010. -Drapers
Shoe Designer Charolette Olympia
Charolette Olympia, graduated from London's prestigious Cordwainer College in 2004, launched her shoe label just three years ago and already has tons of celebrity fans including Kate Moss and Daphne Guinness, along with her model sister, Alice Dellal. Her inspiration is vintage hollywood. The collection, is available at Jeffery in New York and online at Net-A-Porter.com., Olympia shoes is split into four collections.
Showtime showcases striping and velvets with added wings for flair. Orient Express features fun and quirky heels in bright colors and bold leopard prints mixed with huge metallic platforms. Vaudeville, as the name suggests, is a nod to the world of burlesque; crafted from a palette of monochrome and red lipstick shades, the seductive stilettos use satin and suede, complete with frills and tassels. The final sub-collection, Big In Japan, is all about structural heels and wedges.
Dana Thomas Best Seller "How Luxury Lost Its Luster" Targeted Louis Vuitton Now Its The Versace Family Turn
Dana Thomas wrote for Newsweek, "The Tragic Decline of the House of Versace". Miuccia Prada Sons To Join Prada
Miuccia Prada 19 and 20-year-old sons, Giulio and Lorenzo. Will be joining their family business in the near future. They will start with projects such as warehouse keepers and upgrading Prada's website. Miuccia said "Ideally, they would like to sell clothes online that aren’t in stores yet and make them look catchy, not like a catalog." -WWD
Marc Jacobs & Daphne Guiness To Host 15x15 For Nars 15th Anniversary
YAY! Taylor To Leave Rachel Zoe

Taylor from The Rachel Zoe Project announced in an e-mail today that she is leaving Rachel Zoe Corporation.
Taylor writes, according to Fashionista: After four amazing years at Rachel Zoe Corporation, I’m saddened and exhilarated at the same time to announce my departure. I have decided to take the challenging leap to go off and style on my own. I must say I will not miss Taylor, she is such a whiner (my eyes rolling).
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