Last month, "MStars News" reported that U.S. officials seized $1.8 million worth of counterfeit Hermès bags. But that seemingly large counterfeiting problem doesn't seem to have done much damage to the French luxury heritage brand's own handbag business, as sales have been steadily increasing. According to "Fashionista," Hermès said Thursday, Nov. 13, that revenue increased by a healthy 11 percent to 990.6 million euros — $1.2 billion — in the third quarter of 2014, and much of that was thanks to demand for the brand's French-made, high-end leather goods. That category grew 15 percent. Ready-to-wear also fared pretty well, growing 13 percent over the quarter, underlining what we knew: Recently departed Creative Director Christophe Lemaire has left some pretty big shoes to fill. Read More »
Rapper-turned-entrepreneur, 50 Cent, oversees an empire that includes his mega-bucks earning Vitamin Water investment, technology, and fashion, such as his on-hiatus G-Unit line and a stake in a fancy hi-tech underwear brand called Frigo. He is also a member of the Forbes Five, the quintet of the wealthiest hip hop artists in the biz, led by Sean "Diddy" Combs with a net worth of a cool $700 million. Fashionista brought up his interview with XXL in January when he said that it would be difficult for fellow rapper/entrepreneur Kanye West to enter the fashion design game. Read More »
Michael Kors has debuted a new, cutting-edge line of very fashionable tech accessories, including phone-charging cases, earbuds and portable chargers designed to resemble lipstick and compact cases, with prices ranging from $59 to $140. "The men and women who I design for are constantly on the go," Kors told "WWD." "They live full lives, and they need their phones to work from morning until night, breakfast to boardroom, on business trips and vacation." Like Tory Burch, Ralph Lauren and Burberry, among others, Michael Kors is taking his tech accessories game to the next level. In 2014, Tory Burch launched a collection of bracelets for "Fitbit," Rebecca Minkoff designed technology-enabled jewelry, Ralph Lauren debuted the US Open's smart shirt and Diane von Furstenberg introduced a collection of optical frames and sunglasses for Google Glasses. Read More »
Several reports confirm that Justin Bieber's troublemaker sidekick Lil Twist was arrested early Thursday morning (July 10) and charged with a DUI. At the time of the arrest, Lil Twist was driving Bieber's infamous chromed-out Fisker Karma. Officers believe Twist appeared to be under the influence of some sort of substance ... but TMZ confirms that he DID NOT appear to be drunk. Read More »
The Lollapalooza music festival in Chicago was suspended and tens of thousands of fans were evacuated to shelters on Saturday as the city braced for dangerous storms with high winds, organizers said. Read More »