Prada Items Pulled From Barneys

The Wall Street Journal confirms that Prada is no longer selling any new goods but shoes and menswear at Barneys. Barneys New York Chief Executive Mark Lee says the beef with Barneys began when Prada asked to lease space from Barneys and control its own inventory and markdowns. Barneys refused and Prada decided to pull certain categories. Barneys will be …

Victoria Scott-RichardsPrada Items Pulled From Barneys

Toni Braxton Facing Foreclosure

The Wall Street Journal reports that the holder of Braxton’s mortgage debt won bankruptcy court approval to start proceedings against her home in Duluth, Georgia. Braxton doesn’t own the property, a trust does. She owes $1.5 million on her mortgage, while the property itself been appraised at $1.2 million. She took out the mortgage in 2004 with Wells Fargo Bank …

Victoria Scott-RichardsToni Braxton Facing Foreclosure

Equation Between Fashion and Publishing

Luxury brands are reluctant to accept the net as a medium appropriate for them. But the evolving technology and changes in the way people prefer to communicate today has made them change their opinion. Earlier they felt that they should advertise only in magazines like Vogue, Esquire and Architectural Digest and were eager to get mentioned in the editorial pages …

Victoria Scott-RichardsEquation Between Fashion and Publishing