Beyoncé and Topshop Partnering
Beyoncé Knowles and Topshop have formed a 50-50 joint venture company called Parkwood Topshop Athletic Ltd. It will produce athletic streetwear and will be available in stores and online fall 2015 at the earliest. “This is not a collaboration. This is about building a brand and building a business- a separate, proper business, with separate overhead and a separate office,” said Topshop owner Sir Philip Green. Beyoncé will work with Topshop’s product development team to design pieces. “I have always loved Topshop for their fashion credentials and forward thinking,” the singer said in a statement.
For those wondering, when asked how the deal came about, Green recalled: “Basically, when she was in London in February we arranged to get together. We started talking generally, about doing something together. We’ve been looking at that [athletic] sector for a while. It’s something we need to be in. Based on what she does, how she works out, the conversation got into that category. We started getting into proper conversation in May or June, as to how it would work. It took six or eight weeks to put a deal together. On Friday, Beyoncé came to our office for the last piece of the jigsaw puzzle.”
Dolce and Gabbana are Found Innocent
After seven years of legal troubles, Domenico Dolce and Stefano Gabbana have been cleared of all charges of tax evasion. The acquittal took place on Friday at Italy’s highest court and overturned two previous sentences in lower courts. Gabbana, who has rarely commented on the tax issue, tweeted, “We were sure of it!!! We are honest people!!! #proudtobeitalian.” Massimo Dinoia, the designers’ lawyer, released a statement saying, “I am very satisfied, we have been saying that they were innocent for the past seven years. Nobody can take back the negative publicity they received over these seven years, but we knew we were in the right all along.”
Pierre Bergé’s Library will be Auctioned
Yves Saint Laurent’s partner Pierre Bergé has decided to auction off his personal library in a series of sales starting in December. The collection contains over a thousand manuscripts and books from the 15th to the 20th centuries. This includes classic works in their original languages by Leo Tolstoy, Fyodor Dostoyevsky, William Shakespeare, James Joyce, Edgar Allan Poe, Walt Whitman and Gertrude Stein. A first edition copy of “Treasure Island” dating back to 1883 sent by Robert Louis Stevenson to his close friend will also be up for auction. The auction will be led by Pierre Bergé & Associés in partnership with Sotheby’s. Five years ago, Bergé sold the art collection he accumulated together with the late Saint Laurent.
– Claire Mykrantz
Source: WWD, WSJ
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