IN THE KNOW – WEEKLY NEWS DIGEST VOL. 4

Hello again! Paris Fashion Week 2013 is on and I have been keeping busy with the live streams of the shows. Elie Saab makes me want to create occasions just so that I can have the opportunity to see beautiful women wear the gorgeous pieces or better still be able to wear a piece of the delicious piece of art myself.

Well, someday! But I digress. Getting back on topic, Anna Wintour tweeted for the first time, Apple hires YSL CEO for special projects, Tiffany sees theft of $1.3mn and LVMH gets fined. Read on.

Apple Hired the CEO of Yves Saint Laurent to Work On Special Projects

Apple has hired the CEO of fashion house Yves Saint Laurent Paul Deneve to work on ‘special projects’ and will be reporting directly to chief executive Tim Cook.  Earlier reports had actually speculated that Deneve would be in charge of Apple Retail (which is in need of a boss) but instead will work on future wearable technology that Apple has in store.

Paul Deneve

Paul Deneve

Interestingly, Deneve actually worked for Apple from 1990 to 1997 as a Sales and Marketing Manager, comes a full circle back to the company after having spent some time at Courrèges, Nina Ricci and Lanvin before his tenure at Yves Saint Laurent.

Read more at Business of Fashion

Former Tiffany Official Charged With $1.3 Million Jewelry Theft

We can’t say that the gorgeous, expensive trinkets haven’t brought evil ideas to our head, but a former vice president of product development at Tiffany & Co. was actually arrested and charged with stealing more than $1.3 million worth of jewellery. Prosecutors claim that from January 2011 to February 2013, Ingrid Lederhaas-Okun, 46, checked out 165 pieces of jewellery, including diamond bracelets, platinum and gold earrings and platinum and diamond pendants, then sold them to an unnamed jewellery reseller in Manhattan.

Tiffany&Co.

Tiffany&Co.

She very ingeniously would only check out pieces worth under $10,000 so no one caught on. The default was discovered when Ms. Lederhaas-Okun was being downsized. If convicted, she faces up to 20 years in prison on the fraud charge.

Read more at NBC News

Jimmy Choo Autumn Winter 2013 campaign stars Nicole Kidman

Red-headed Nicole Kidman makes heads turn as she debuts in Jimmy Choo’s Autumn Winter 2013 campaign. The new face of Jimmy Choo is transformed into a mysterious and seductive woman sporting a short hairstyle. Shot by photographer Mikael Jansson, the latest campaign portrays the 46-year-old, award-winning actress as a seductive protagonist in a series of images that hint at the brand’s recurring themes of empowered glamour.

The brand’s creative director, Sandra Choi, stated, “Nicole has perfectly captured the mood of our Autumn/Winter 2013-14 collection; her character portrays the multifaceted qualities of the Jimmy Choo woman for this season — strong, sexy with a beguiling sense of mystery.”

Read more at People.com

LVMH fined €8 million over Hermes stake-building

LVMH has been ordered to pay a fine of €8 million, by France’s stock market regulator, AMF, over the notorious acquisition of its stake in Hermès. The AMF’s enforcement committee condemned the “unusual” way LVMH had amassed its 22.3% shares, buying equity swaps with a number of banks so as to avoid disclosure requirements and using foreign subsidiaries that were not listed as consolidated units. (Refer here)

Bernard Arnault

Bernard Arnault

The luxury conglomerate, helmed by Bernard Arnault, has already made clear that it plans to appeal the decision.

Read more at Wall Street Journal

And if all this news wasn’t exciting enough for you already, you must hear what a little (blue) birdie had to say.

Anna Wintour tweeted for the first time ever

A longtime advocate of marriage equality, the Vogue Editor in Chief couldn’t help but express her joy about the Supreme Court’s toppling of the Defense of Marriage Act (DOMA) in her first-ever tweet.

Anna Wintour

Anna Wintour

Posting on Vogue’s official Twitter account, the editor in chief included her initials at the end of poignant message to indicate that the tweet came from her. ‘Today’s rulings are a big step forward for all Americans striving to achieve equality. I couldn’t be happier or more proud. —A.W.’

I can’t help but wonder if Anna Wintour’s new fellow Condé Editor in Chief (for Lucky) Eva Chen, a tweeting master’s connect with her audience has urged her to hop onto the social media bandwagon.

Read more at The Cut

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