ExtraBuzz: Resume

LVMH Now Owns 20 Percent of Hermès

Despite all the name-calling, potentially illegal stock maneuvers, and other measures that the Hermès family has taken to prevent LVMH from purchasing more shares of their company, LVMH announced yesterday that they now own 20 percent of Hermès. This is less than a 3 percent increase in their ownership, up from the 17.3 percent they accumulated back in October, but the acquisition flies in the face of all the hoop-jumping the Hermès family has done over the past two months to protect their holdings. While LVMH initially said that they had no interest in a "hostile takeover" within the next six months, they didn't rule out buying more stock, which will probably continue to happen.

Macy’s Deals With Bomb Scare; Alexander Skarsgård Stars in Hickey Freeman Campaign

• Cops got a call about a bomb scare at the Macy’s Herald Square location yesterday after some mysterious suitcases showed up at the store’s entrance. A member of the counterterrorism unit dressed in a bomb suit cut open the luggage to find … clothes.

• Retailers are expected to reduce lots of merchandise by up to 65 percent tomorrow as a push to grab last-minute Christmas shoppers. Aren't you glad you procrastinated?

• Alexander Skarsgård stars in Hickey Freeman’s latest ad campaign.

• Marina Abramovic poses in a winged headdress on the cover of Serbian Elle’s January issue.

• Stella McCartney designed a $195 “Welcome to Las Vegas” tourist tee for the opening of her new store there.

• Rubbish Magazine’s online shop is selling hand-knit finger puppets of famous fashion figures like Anna Wintour, Grace Coddington, and Isabella Blow.

• Cynthia Rowley is dressing avatars in the virtual world Meez for around $10 an outfit.

• Giorgio Armani donated $65,600 to the city of Milan to revamp a green area in Risorgimento Square.

• Breaking: From Prada to Nada is a real movie that is coming out.


Courtesy: NYMag