Marc Jacobs and Dior *STILL* Talking
Negotiations between Marc Jacobs and Dior are proving to be a bit more difficult than originally planned. Sources said the talks are proving difficult, with one sticking point believed to be that Jacobs and his long-time business partner Robert Duffy are seeking a substantial increase on their current salary and benefits packages, which already place them among the highest-paid designers and fashion executives in the world.
The plan would also depend on the American desinger moving from Louis Vuitton, part of French luxury giant LVMH Moët Hennessy Louis Vuitton, a sister company of Dior’s. Due to creating two couture collections in addition to two ready-to-wear shows and pre-collections, Jacobs would have to spend even more time in Paris working with the atelier on the collection. All of this would come on top of his own women’s and men’s wear lines, as well as Marc by Marc Jacobs, both of which have seen significant growth over the last few years.
Armani Snags Rihanna
For the new Emporio Armani ad campaign, Rihanna poses in a platinum short blond wig, tiny lace underwear…. and very little else.
The photos, shot by Steven Klein, will be unveiled today worldwide. Rihanna, who also fronts the Armani Jeans campaign, succeeds Megan Fox.
The Olsens Join Superga
Mary-Kate and Ashley Olsen have expanded their fashion empire yet again. Steve Madden Ltd., which inked a deal in February with BasicNet SpA for the exclusive North American license of Italian sneaker brand Superga, has tapped the Olsens as creative directors.
Superga, whose North American license was previously owned by R.G. Barry Corp., said its sales were just under $5 million last year. With the help of the Olsens, Steve Madden plans to quadruple that sum in the next 24 months. The licensing deal lasts three years and is renewable for four additional years. The Olsens will not only use their clout as celebrities, but also as successful designers of luxe brand The Row and contemporary sportswear collection Elizabeth and James.
– Taneisha Jordan
Source & Photo: WWDSee the Top Ten Summer 2016 Trends for Women Over 40