Fashion News

Weekend Fashion News Alert: Wintour Hosts Hillary Clinton Fundraiser, Pharrell Williams’ Fashion Buyback, Jenner Sisters Go Retro, and China’s Online Audience Nears 700 Million

Image courtesy of fortune.com
Image courtesy of fortune.com

With Hillary Clinton, according to some polls, 30 points behind Democratic candidate Bernie Sanders leading up to the Iowa and New Hampshire Democratic primaries, the Clintons have pulled out all the stops, enlisting the help of Anna Wintour.

This is not the first at the Clinton fundraising rodeo for Wintour. In 2015, Anna hosted an event in Paris along with Clinton aide Huma Abedin at the residence of American financier James Cook. The Paris fundraising event’s purpose was to tap into wealthy Americans who live abroad.

The current fundraising event, which takes place on February 23, the last day of London Fashion Week, will be co-hosted by Wintour and Chelsea Clinton. The event will be held at the home of Net-a-Porter founder Natalie Massent with tickets costing $500 for guests and $1000 for supporters of Hillary Clinton.

Now, who says fashion is not political?

Image courtesy of BBC Miami/fashionunited.com
Image courtesy of BBC Miami/fashionunited.com

Pharell’s fashion empire

Pharrell Williams continues to rack up the credits when it comes to his investment in the fashion industry. Recently, Williams bought back Billionaires Boys Club from apparel conglomerate, Iconix Brand Group. Pharrell Williams co-founded Billionaires Boys Club in 2005.

According to wwd.com, Williams and his partners BBC Miami repurchased a 50 percent stake in BBC Ice Cream LLC, the legal entity of the Billionaire Boys Club and Ice Cream streetwear brands. Billionaire Boys Club in sold in stores and boutiques in the US, London, and Tokyo.

“The sale of our interest in BBC and Ice Cream was a strategic decision to rationalise smaller noncore assets in the Iconix portfolio, allowing us to focus our time and resources on the larger cash flow generating brands. BBC and Ice Cream represented less than 1 percent of our total business,” expressed an Iconix spokeswoman.

Image courtesy of yibada.com
Image courtesy of yibada.com

Booming China

China now has the world’s largest online population. On Friday, reports revealed that China’s online population is now nearing 700 million, even though Beijing imposes strict controls on online content.

According to the China Internet Network Information Center (CNNIC), in December 2015 China’s online population stood at 688 million with 90% of the population accessing the Internet through mobile phones. This number represents almost half of China’s population.

Though the Chinese government attempts to block online access to websites with political they deem inappropriate and social media companies heavily monitor and censor user-generated content, these restrictions have not hindered China’s online audience growth. All this growth fuels China’s billion-dollar e-commerce sites, like Jack Ma’s Alibaba.

Image courtesy of thegloss.com
Image courtesy of thegloss.com

70s babes

Kendall and Kylie Jenner’s fashion domination continues to gather seemingly unstoppable momentum. And this time they have delved into retro fashion.

PacSun, for the second year running have employed the Jenner Sister as the face of their spring 2016 collection. The PacSun x Kendall and Kylie collection pulls inspiration from the early 1970s evidenced in vintage floral prints, flared jeans, and soft hues.

Price points for the PacSun/Jenner collaboration range from $22.95 to $64.95 and is available at PacSun stores nationwide and on the PacSun website.

—William S. Gooch

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