LL Cool J Hosts Fashion Delivers’ Second Annual Pay It Fashion Forward Event on June 18

NEW YORK, June 4 /PRNewswire/ — On June 18, 2009, Fashion Delivers will host the second annual Pay It Fashion Forward event at New York City’s hotspot M2 beginning at 7:30 p.m. where five fashion industry vanguards will be honored for their positive influences on their communities and the environment. The brands selected this year include I/DENTI/TEE, LINDA LOUDERMILK, PHILANTHROPIST and CHLOE JO BERMAN. Additionally, the JONES APPAREL GROUP was selected for distinction as a company for its socially conscious business practices.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090604/NY28064)

The band Tamarama from the MTV hit series “THE CITY” will perform, and the evening will be hosted by Grammy award-winning artist and designer LL Cool J.

Tickets will be sold in advance at www.fashiondelivers.org. Additionally, for each ticket sold, Earnest Sewn jeans will be donating a pair of jeans to support the relief efforts of Fashion Delivers California Campaign, a national effort to aid those most negatively affected by the global recession.

Fashion Delivers is a non-profit charity dedicated to helping those in need by providing donated products from the men’s, women’s and home goods industry. Created during the aftermath of Hurricane Katrina, Fashion Delivers has donated nearly 34 million dollars worth of products to those in need in the United States and around the world. For more information on Fashion Delivers, please go to www.fashiondelivers.org.

Website: http://www.fashiondelivers.org
Reference : http://sev.prnewswire.com

Nicole Richie Giving Away Tix to Fashion Show

If you’re a Nicole Richie fan and live near L.A., the countdown is on to win tickets to her fashion show tonight.

She’s hosting a party at Boulevard 3, where models will hit the catwalk in jewels from her House of Harlow line and threads from Clandestine Industries, Pete Wentz’s clothing line.

The bash will also be filmed for the MTV series Styl’d. So how can you get your hands on the tickets?

All you have to do is leave a comment on Nic’s blog about what fashion means to you and why you should be the lucky person to attend her event.

But if you want in, type quickly. The contest ends in about an hour at 11 a.m.

And if you’re not in the L.A. area or missed the deadline, Hollywood Party Girl’s got you covered. I’ll be there tonight and bringing you all the details and gossip tomorrow!

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Reference: http://www.eonline.com/

Versace CEO could be out of fashion by Friday

Gianni Versace SpA CEO Giancarlo Di Risio has had a good four-year run at the company, reviving it from financial peril. But now, with sales slipping and conflict with Donatella Versace intensifying, Di Risio may be out of fashion at Versace, with media reports indicating he may resign by Friday.

It’s likely that the Milan-based company’s first-quarter sales slipping 13% from a year earlier will be blamed for his departure. But, in Di Risio’s defense, the fashion industry — especially the luxury high-end sector — has been feeling the pain of the global economic slowdown as even well-to-do consumers are cutting back on spending. Christian Lacroix SNC, for example, fell into insolvency proceedings last month.
Despite public denials of boardroom friction, Di Risio’s expected exit likely lies in the strained relationship he has with Donatella Versace, who is the company’s creative director and 20% owner as well as the beloved sister of the tragically slain founder Gianni Versace.

The CEO has objected to her lavish lifestyle, especially when it involves company money, according to recent articles in the Italian media, including Il Sole 24 Ore. One spat involved Di Risio criticizing the creative director’s hiring of a photographer at a rate of €100,000 ($140,000) for an ad campaign, according to Bloomberg. Things came to such a boiling point that the board reportedly considered firing him last month.

Many would argue that Di Risio saved Versace from the fate of Christian Lacroix. Di Risio worked with Donatella Versace to make the collections less flashy and more profitable.

“Di Risio did a good job of turning Versace around and positioned it well,” Carlo Pambianco, a Milan-based fashion industry consultant, told Bloomberg. “Versace can’t try to compete with larger brands, such as Armani or Gucci. He established its own niche.”

Di Risio’s replacement is already being floated around. The Telegraph reports Kim Winser, who was behind the resurgence of Scottish brand Pringle and recently resigned from Aquascutum, as a possible candidate. As for Di Risio, the former Fendi chief executive likely won’t stay unemployed long. – Gerald Magpily.

Reference : http://www.thedeal.com