Today’s Fashion Headlines: January 8, 2013

January 8, 2013 • Fashion Blog, Fashion News

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Vittorio Missoni still missing, Rachel Zoe joins ShoeDazzle as the new CEO and Target will now match any price!

Missoni Search: Day Four

As Venezuelan authorities stepped up their efforts to find the plane carrying Vittorio Missoni that went missing on Friday, they dismissed reports that the Italian fashion executive may have been kidnapped. A spokesman for the Interior Ministry said the government is not working with the possibility of a kidnapping, although the area where the plane carrying Missoni and three others went missing in a region known for drug smuggling. The spokesman also said there is no official time limit for the search, even though there were reports that the government had to continue looking for at least the next four days.

On Monday, Vittorio Missoni’s sister Angela issued a statement saying, “I am in close contact with the Italian Ministry for Foreign Affairs and currently in Rome for appointments and to report to the State Police the disappearance of my brother, while coordinating all the information and offers of aid that we have received from all over the world.” The company’s chief executive officer Alberto Piantoni has joined Luca Missoni and together they are in contact with the Venezuelan authorities, the Italian embassy and crisis unit.

Rachel Zoe Joins ShoeDazzle

Rachel Zoe has joined ShoeDazzle as the online footwear specialist’s chief stylist. With Zoe, ShoeDazzle chief executive officer and cofounder Brian Lee is following the recipe he honed at ShoeDazzle with Kim Kardashian, The Honest Company with Jessica Alba and LegalZoom with Robert Shapiro of pairing a well-known personality with digital efforts. Zoe’s involvement comes at a critical time for ShoeDazzle, where Lee is trying to steady the ship after a rocky 2012 that saw him return as CEO upon the departure of short-lived CEO Bill Strauss, layoffs and an end to the subscription model it pioneered on the Web.

“We really live by the same mantra that everybody can have style and be on trend, take chances and luxury can be affordable. You don’t have to have massive budgets to look great,” Zoe said. “Affordable luxury and fashion is something I wish I had more of when I was coming up in this business and just craving style, and all I really had were thrift shops.” E-mails with product selections and style guidance from Zoe will be sent to ShoeDazzle’s members starting this month. Also this month, a television commercial with Zoe will begin airing.

Target Unveils New Price Policy

Target on Tuesday announced a new year-round price match program, effective immediately, that will include online sites such as Amazon.com, Bestbuy.com, Walmart.com and Toysrus.com.

The Minneapolis-based retailer appears to be addressing several issues with the new policy: the fact that price is the priority for online shoppers and the fact that consumers are increasingly comparing prices online before they buy. Target’s new Price Match Policy also shoots a bow across the deck of competitor Wal-Mart, which has long emphasized every day low pricing, and has a policy that matches prices in competitors’ ads on identical items. Target introduced its first price match policy in 2009.

– Taneisha Jordan

Source & Photo: WWD

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