As of last Thursday Gianni Versace’s palatial Miami villa was put on the market and is expected to sell for more than $50 million. According to Lamar Fischer, the president of the Fischer Auction Company which is handling the sale, the property is expected to sell very quickly, maybe in 30 minutes.
“You never know for sure in these cases but you could say that the real estate value of the property is certainly above $50 million, so we expect the price to go higher than that,” says Fischer. The current owner of the villa had transformed the property into a boutique hotel.

D&G’s Protest
In response to public outrage over their tax evasion conviction, Dolce and Gabbana closed their Milan stores for three days, starting on this past Friday. The words “Closed” were vividly placed on the store window of the D&G signature store in Milan.
“We are no longer willing to suffer undeservedly the accusations of the financial police and the income revenue authority, attacks from public ministers and the media pillory we have already been subjected to for years,” stated the design pair. Domenico Dolce and Stefano Gabbana were given a 20-month jail sentence for tax evasion on royalties (1.3 billion) after selling their brand to a Luxembourg-based holding company.
The 250-plus employees will continue to be paid while the nine Milan stores are closed. The iconic design team’s attorneys expect to appeal the decision and because the appeal process is lengthy and complicated, Domenico Dolce and Stefano Gabbana are expected to spend no time in prison.

Casablancas Dies
John Casablancas, founder of Elite Models, died Friday of cancer in Rio de Janeiro. Casablancas launched Elite Models in 1972 and helped launch the careers of Iman, Heidi Klum, Gisele Bündchen, Cindy Crawford, Naomi Campbell, and many more.
Casablancas was instrumental in elevating models from just beautiful women on catwalks and in photo editorials to celebrity status. “[Casablancas] was largely responsible for glamorizing the business and turning models into idols, their egos expanding in direct proportion to their earnings potential,” said The New York Times in its obituary.
John Casablancas is survived by his wife Aline Wermelinger, a brother, Fernando and five children from two marriages: John Jr., Fernando Augusto, Nina, Cecile and Julian Casablancas. Casablancas was 70 years old.
—William S. Gooch




The more things change, the more they stay the same!! Just as it seemed that the fashion industry was welcoming more diversity in race, silhouettes and sizes on the runway, a big, iconic fashion house decides to dismiss one of the hottest supermodels of color for her breast size. Or so, British supermodel Jourdan Dunn revealed in one of her tweets from couture week currently underway in Paris.



Iconic British designer Vivienne Westwood used her men’s spring/summer 2014 show as an opportunity to reflect her political views. Male models and some staff donned tee shirts supporting U.S. Army private Bradley Manning, who is accused of releasing hundreds of thousands of classified files, videos and other data to the WikiLeaks anti-secrecy website. No stranger to controversy, Westwood has always been in the forefront of using fashion to express political point of view and her own personal stance on environmental issues.

Will Dolce and Gabbana be singing caged bird tunes? If the recent conviction by a Milanese court for tax evasion holds up, they will.




The Galliano drama continues. After much contention and political protest, John Galliano’s four-day workshop at Parsons the New School of Design has been canceled. The controversial former head of Dior was to teach a “Show Me Emotion” four-day workshop at the famed fashion school.
An e-mail from Parsons, signed by David E. Van Zandt, Tim Marshall, and Joel Towers, the president, provost, and executive dean, respectively, goes as follows:
Gisele Bündchen has returned to H&M. For its fall/winter 2013 campaign, H&M has enlisted the 32-year old supermodel. The campaign will launch in late August. Though officials have not released the exact figures of Bündchen’s H&M contract, it is predicted to be in the $3 million to $5 million range. Last year, Bündchen’s was rated by Forbes as the highest paid model at $45 million dollars in annual earnings.

H&M plans to spend around 100 million euros ($130 million dollars) to open 50 stores in India. H&M (Hennes and Mauritz), the world second largest fashion retailer, is hoping to tap into rising incomes in India and the country’s huge population. “It is a very interesting market with a huge population and a growing middle class,” said Fredrik Olssen, head of H&M expansion, to Reuters.
Met Gala Red Carpet Looks
