Chanel has launched the images of its latest ambassador, Penelope Cruz, shot by Karl Lagerfeld in the house’s cruise collection. Cruz joins Chanel plenipotentiaries Margot Robbie, Lily Rose Depp and Kristen Stewart.
Fashion house Versace did not receive any offers from Italian investors before selling to Michael Kors but the deal with the U.S. fashion group will create jobs in Italy, said creative director Donatella Versace.
The cat was already out of the bag yesterday but that didn’t detract from the impact of the news on Tuesday that Michael Kors is acquiring Versace for around $2 billion and changing its name to Capri Holdings.
This latest Versace runway show was notable for the fact that beforehand no one was asking who would be the house's new designer. Instead, the most telling element was the collection’s tabloid headline graphics.