Lindsay Lohan - S 2015
AP ImagesAfter a month of teasing, Lindsay Lohan‘s new collection for British e-tailer Lavish Alice has been revealed. The fringe-heavy pieces, which are priced between £38 and £74 (approximately $60 to $116), include everything from culottes to crop tops to head-to-toe knits. The collection marks LiLo’s first venture back in the fashion world after her unsuccessful stint designing for Ungaro and the folding of her leggings line, 6216. A full-lipped Lohan modeled the line for the website as well, working the “hair-in-face, mouth-open” pose like there’s no tomorrow. [Lavish Alice]
Though the story of Band of Outsiders’ closing has been well-documented for months now, founder and creative director Scott Sternberg has remained tight-lipped about his future at the company — that is, until today. Sternberg posted an Instagram video on the brand’s account of The Mamas & the Papas’ Mama Cass with the caption, “The proverbial Fat Lady sings, at least for me and my time here at Band. I can’t really comment on the future of the brand as that’s out of my hands at this point, but I do want to say thanks to all of the Band fans out there who embraced and supported our brand and clothes over the years, and my employees and partners who dedicated so much energy and enthusiasm. The store should be open for at least another week so, like, go buy something cute. And enjoy it. That was the whole point of this thing after all. Scott a.k.a.@angusmoffett.” [Instagram]
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Like many other early 2000s mall staples, Gap has been struggling as of late. The retailer announced today that it would be closing 175 of its underperforming stores and eliminating 250 corporate jobs with the hope that the cuts could save as much as $25 million in 2016. Gap Inc. CEO Art Peck hopes to focus more time and money on digital and mobile platforms. [Bloomberg]
Michael Kors has agreed to a $4.8 million payout to settle a lawsuit regarding misleading pricing at its outlet stores. The plaintiff filed her complaint last year after discovering that price tags listed a suggested retail price and then the “discounted” sale price. The only problem? Kors manufactures product that goes straight to outlet stores, meaning that it was never sold “full price” elsewhere, and therefore not really marked down. A lesson to be learned at the Michael Kors HQ: Bargain shoppers know what’s up. [Fashionista]
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