Magazines have seen their ad pages become less in 2008 causing lay-offs, cut-backs and magazines closing entirely. Here comes word that alpha media who owns Maxim and Blender are in big trouble financially. Men's magazines seem to be the target of most of the turmoil. WWD's brother DNR closed shop. Can Tom Cruise save Details? There are whispers that Details may be next in line. We know that Oprah's O at Home was another goner and perhaps Domino is next.
With the huge boxoffice success of "Twilight," it grossed over $70M domestically, this past weekend, not only is Stephenie Meyer making tons of money so is the Mormon church. Stephenie Meyer, described as the "the Mormon Anne Rice," does what any good Mormon does which is called tithing. Tithing is a requirement in the Mormon religion and it's usually 10% of their earnings. So, with all the talk about the Mormon church being a huge supporter of Prop 8, it seems like "Twilight" and Stephanie Meyer are contributors as well.
With all the talk about the economy, lay-offs, magazines folding, companies closing and the Dow dropping, it's Friday and I say just keep on dancing. When times get tough, find something to take the blues away.
Tom Ford's dream is coming true. Making movies. He's always wanted to become a film maker and finally he started filming, "A Single Man." It's based on the 1964 novel by Christopher Isherwood. It stars Julianne Moore, Colin Firth, and Matthew Goode. It's set for a 2009 release. It'll be interesting to see if Tom is able to make the transition into film, as well, as to see if his visual sensibility over shadows the story.
Here is CNN's Rick Sanchez talking about President Bush,"The one with the Cooties!"
Guess this is the real reason why Marc Jacobs isn't having his annual Holiday bash. His company settled for 1 million dollars in the Armory bribery scandal. He continually had his fashion shows at the Armory and it was discovered that his company was paying off the superintendent in gifts and in cash.
Here comes another ribbon for another cause...the white knot symbolizes marriage's equal rights for all. Some argue why a white knot..why not? most brides wear white on their wedding day no matter what you're ethnic background is-let's not over anaylze the choice but support the cause.
With all the buzz being about lay-offs and bail outs, leave it to Madonna not to be affected. NYP is reporting that she is getting paid 10 million dollars to be in the new Louis Vuitton campaign. Come on now with all the talk of recession and holiday parties being canceled, like Marc Jacobs, shouldn't both Madonna and Louis Vuitton who don't need the $$$, put it to good use and we're not talking about kabbalah either.
GQ presented its annual multiple cover of its Men Of the Year. This year features Michael Phelps, Jon Hamm, Leonardo DiCaprio, and President-Elect Barack Obama. Hmmmm... I wonder which will sell the best? Toss up between Barack Obama and Michael Phelps, my guess.
Yes, New York Fashion Week is behind us and a new one is on the horizon. For those of you who are going through withdrawl no need to cry, here comes New York Chocolate Fashion Weekend.
That's right!!! Clothes made out chocolate where designers are paired up with chocolatiers to create a fashion forward show. This year's theme was superheroes. It's pure fun and showcases chocolate like you've never seen or be worn right before your eyes.
Alexander Wang was awarded as the fifth CFDA/VOGUE Fashion Fund recipient. Along with the coveted title, he receives $200,000 as well as a year's worth of mentoring. The runners-up were both Vena Cava and Albertus Quartus who each receive $50,000 as well as business mentor.
While Barack Obama didn't say much in the highly rated 60 minutes interview, word is now leaking the Hillary Clinton will accept the position with the new administration. She will take over the post vacated by Condoleezza Rice.
Huh? you might ask....well, let's go back in time when Garth Brooks could do no wrong, in certain circles of course. Garth was at the height of his career and wanted to branch out and created an alter ego named Chris Gaines. He also wanted to make a film using this persona but the public didn't respond well to the album. The sales were lackluster and the film idea never came to be more than just that...an idea. Though this album did garner his first and only pop top 40 hit.
Now comes, Beyonce with her alter ego, Sasha Fierce. Granted in the past she spoke about her alter ego helping her perform live on stage, but from all the press pictures she looks like a Rhianna copycat without Rhianna's short hair. It seems like Beyonce is feeling Rhinna's heat and success. Case in point, Gareth Pugh, an independent designer that Rhianna help put on the map. Now Beyonce has started to wear his designs and it just doesn't seem to fit her as a person or as an alter ego. Perhaps, Beyonce should do what she does best...Beyonce and keep Sasha Fierce for the stage and to herself.
Here's some financial history and I promise it won't be boring. The end results lead to supermodels.
It's 2008 and the recession has begun unfortunately. The stock market has dropped the most in history affecting all industries especially the fashion industry. Let's do a fashion financial flashback. The beginning and mid 80's everyone was living the high life and high fashion was high profile. Then Black Monday happened in October 1987, the Dow Jones plummeted more than 22%, the most since 1929. Though the stock market recovered, it rippled into the savings and loan industry which caused the recession of the early 90's. Also, this was happening during the Gulf War. Sounds familiar?
During that recession the birth of the supermodels happened giving us Naomi, Christy and Linda, the legendary Trinity. Along with them came Cindy, Nadja, Elle, Yasmeen,Claudia, Stephanie and others that followed. So now that fashion industry is experiencing cut-backs and lay-offs will they need to look to the models to reignite the dropping sales? With most people done with all the starlets and reality tv and magazine sales floundering its all seems to point back to the rebirth of the "real" supermodel.
Who will be the new Trinity?
I'm sure by now all of you heard about President Bush's dog, Barney and how he bit a reporter who was getting a bit too friendly with him.
Well, here is one of my favorite blogs giving his spin on the incident and I'm telling you I couldn't stop laughing.
He tapped into Barney's psyche and told it like it is from this doggie's alter ego.
'Tis the season to be penny pinching, laying off employees and canceling holiday parties. Conde Nast canceled its holiday party this year along with their Fashion Rocks and Movie Rocks events.
This comes on the heels of Marc Jacobs canceling his infamous holiday party, the first time since it began 18 years ago. It seems to be in fashion canceling the holiday party because it's not only affecting fashion but most businesses. Hearst as well as News Corp a la FOX canceled their soirees as well. Well you're all welcome to come to my holiday bash!!!
Krayon Brooks is way too funny. Let's get into it!!!
Grace Jones is back! There was lots of talk about "Corporate Cannibal" being her first single.
Now, there's the release of this track which is quintessential Grace. The clip is from an entertainment show in Europe, not the best lip-syncing but it's worth a view.
Check out the remix here
When Debbie Harry decided to do her solo album back in the day this was her first release, "Backfire." It was quite reminiscent of "Rapture," but it didn't have the same reception back then. Now, it holds its own.
Some people thought 2008 would be bad and after the first quarter of 2009 the economy would be on the up swing. Well, it looks like bleaker times are ahead and now the forecasts say 2010 will be the beginnings of recovery. Just like previous economic hardships, society always looked for way to escape. Will it be fashion, music, entertainment...what will be the escapism of the new era gone awry?