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Christopher Bailey Sells His Burberry Shares

Drinks are on Christopher Bailey this week, as the Burberry chief executive officer just made £5.2 million after selling 68,667 shares in Burberry, along with some performance-related shares, leaving him with another 303,110 shares that are worth £4.4 million. When Angela Ahrendts left the British fashion brand to move to Apple four months ago, Bailey was promoted and awarded a £27 million package.

christopher bailey sells shares 620

Image: Getty

After this sale, the British designer will now only own 13 percent more of the company shares than he did before his promotion, and the money will also go to the payment of his tax. This is also on top of his £1 million salary and possible £2 million annual bonus, so he won’t be short of cash anytime soon. The Guardian reported that Bailey remained stoic about the company’s decision to award him so much earlier this year. “I was never sitting there with a pencil drawing clothes,” he explained. “It’s about having a vision and leading the team and ensuring consistency around the globe.”

Even a vision like that, however, can’t placate the unhappy shareholders within the company, and Bailey received a great deal of criticism when he was given the shares worth £20 million, as £1.35 million of them were presented to him before his formal promotion. In fact, more than 50 percent of the investors voted against the remuneration package that he was given. But Burberry clearly knows that Bailey is worth keeping in the company.

“Christopher Bailey has exercised the option on a number of shares that he was awarded during his time as chief creative officer. As part of this process the number of Burberry shares he actually owns has increased. There are only certain times of the year when board members of a public company can sell shares which is why he is doing this now,” a representative from Burberry informed The Guardian.

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C. Wonder and the Fashion Project Want Your Old Designer Duds for a Good Cause

Image: Fashion Project

Image: Fashion Project

Rejoice! Those old Jimmy Choos collecting dust in the back of your closet might finally do someone some good. The Fashion Project, an e-commerce/charity venture that resells donated luxury clothes, accessories and shoes with 55 percent of the proceeds going to a cause of your choice, is teaming up with C. Wonder on a philanthropic project aiming to make women with cancer feel gorgeous.

The two are pairing to raise money for Look Good Feel Better, a service that helps women with cancer cope with the side effects treatment has on their appearance. The program teaches women beauty and styling tricks to help them better deal with the changes their looks go through during treatment. 

For the next month, C. Wonder and the Fashion Project are asking stylish women with overflowing wardrobes to donate their lightly-worn clothes, accessories and shoes to the cause and in return, receive 20 percent off their purchase of $100 or more at C. Wonder, in stores or online. Plus, 55 percent of the proceeds from every sold item will go to Look Good Feel Better. 

The project will run through September 18, so you have until then to do a little digging and choose the items you want to get rid of for a good cause. Fashion Project has a list of approved brands, so make sure you check them before you start digging up your old clothes.

If you’re looking to join the cause, you can donate your clothes here or leave them in a drop-off bin at your local C. Wonder store.

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Who Did the #IceBucketChallenge Better? Victoria Beckham vs. Jean Paul Gaultier

Had enough of the ALS #IceBucketChallenge yet? These fashion designers certainly have not. After her husband David and son Brooklyn got in on the fun, Victoria Beckham picked up the gauntlet thrown down by her friend Eva Longoria and got not one, but two buckets full of ice water poured over her head. The pressure threw the already-kneeling designer to the ground, who nominated her son Cruz, Katie Holmes and Tom Ford (we’re dying to see that one) to take the challenge next.

Victoria carried out her challenge with almost Wintour-level dignity. Almost. Because none is more dignified than Anna, except maybe Queen Elizabeth II. MAYBE.

But perhaps the strangest interpretation of the challenge yet comes from Jean Paul Gaultier, who didn’t really carry out the challenge as he was supposed to. But, he’s an artist, so it’s OK for him to break the rules every once in awhile. First off, he starts the challenge already wet, submerged in a swimming pool from the waist down. We thought the point of the challenge was to see people actually get wet before our eyes, but you know, semantics. The designer also makes use of an “accessoire indispensable” — a dish cover — to protect his head from the hail of ice cubes. After his Speedo-clad pool boy dumps the water on Gaultier’s topper, the designer sinks down into the pool, still with the dish cover on his head, and swims away. A little bizarre? Oui. But it is demonstrative of why we love Gaultier so much. 

So, who executed the #IceBucketChallenge better? We’re going to go with Victoria, although Gaultier’s efforts will always have a special place in our hearts. Victoria actually went from completely dry to completely wet, and though we always appreciate the opportunity to oogle a hottie in a Speedo, the dish cover, and the fact that Gaultier was already in the pool, sort of defeats the purpose.

You win this time, VB.

[via Facebook, Gaultier YouTube, h/t Dazed]

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Jessica Hart Stars in Steamy Shoot with GQ

Jessica Hart GQ

Photo: Dusan Reljin/ GQ

Jessica Hart flashed much more than her gap-toothed grin for GQ in a steamy photoshoot and video wearing little more than her underwear. The Aussie supermodel dons a nipple-revealing sheer bra by Cosabella, a Michael Kors tank and a Burberry Brit bikini throughout her shoot with the men’s mag, plus some Manolo Blahnik heels and Tiffany & Co. jewellery for good measure.

In a little video called How to Date Jessica Hart, the blond babe shares with GQ what she likes in a man. “Be well-mannered and be sure of yourself, but not over-confident and don’t be too into yourself,” she said.

The predictable tips are hardly of any use for young chaps hoping to date the Victoria’s Secret model, though. She’s been off the market for years thanks to a man with a name that instantly makes you feel inferior, Stavros Niarchos III. You can see more of Jessica’s shoot with GQ here.

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Coming This Fall: Prabal Gurung x MAC Cosmetics

Prabal Gurung is the latest designer to make a foray into beauty, this time in partnership with MAC Cosmetics. Gurung has teamed up with the makeup brand on a limited edition range of color cosmetics that is due to bow just in time for the holiday season. Gurung says he got inspired by his mother’s daily makeup routine for this offering, and aimed to create a range that would make all women, regardless of ethnicity, feel beautiful. 

Equally as important for the 14-piece collection was creating striking packaging. “I wanted the packaging to be beautiful,” Gurung told WWD. “So beautiful that when a woman takes it out of her purse, it becomes a topic of conversation.” And the pieces are certainly gab-worthy. Each product is housed in an all-gold or gold-accented package, flourished with a net-like pattern. And such flashy packaging doesn’t come cheap. Gurung’s collection is pretty pricey, especially for your typical MAC range. The eyeshadow duos will set you back $40 each, lipsticks and lip glosses ring in at $30, eye pencils will cost you $20, and the cream color base, bronzing powder and buffer brush are $70 a pop. 

The collection will make its big debut November 26 at U.S. MAC stores, then internationally (save for China) in December. If you’re already stoked for the range, you won’t have to wait too long to see it in action. It will hit the runway during Gurung’s Spring 2015 show in early September, so have your eyes peeled on the catwalk for those beauty looks!

[via WWD]

 

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Alex Perry Surprisingly Fits Courtney Love Amid Her Australian Tour

Alex Perry creates glamorous, elegant and sparkly pieces, right? So, we can’t imagine what he’d be able to whip up for the likes of Courtney Love. But the 50-year-old rocker and the Aussie designer have met up for a fitting amid her Australian tour, so we’re thinking she could be rocking some Alex Perry for her remaining concerts in Newcastle, Canberra and Sydney.

Alex posted a snap of himself and Courtney with their distinctive cheekbones thrust up against each other, complete with matching duck faces. At least we think that’s the look they were going for, but it’s always hard to tell with Courtney’s pout. The caption read, “@courtneylove I THINK IM IN LOVE!!!! BEST FITTING EVER!!!! #courtneylove #alexperry.”

Courtney followed suit with a much blurrier photo of the pair and a caption reading, “Aussies only ( and fabulous !) couturier! @alexperry #alexperry.” We knew that Alex was going for a younger, edgier look for his latest collections, but the news of him dressing Courtney has got our heads in a spin. It’s the last label we’d pick for her rough and grungy style. Let’s just hope no one throws a beer on her while sporting one of Alex’s designs because that would be a crying shame.

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