6 years ago
"Sometimes a shoe comes along that just makes you go "wow". This is one of those shoes. The colour, the box, the fact that it looks just as good from above as it does from any other angle, meaning that you get to look down on such loveliness every time you wear them - everything about these has left me wishing I could find a spare $695 down the back of the couch, so I could make them mine.
They're available to buy direct from Valentino."
"As The Classicist noted in a column on Officine Panerai, the watchmaker founded in Florence in 1860, the firm got its start by supplying timepieces (and other instrumentation) to the Royal Italian Navy or Marina Militare. However they also produced special commissions for the elite branches of other countries' armed forces. One highly collectible example of such is a model made for the Egyptian Navy in 1956, limited to only 50 examples. Panerai has now ressurected the watch, dubbed the Radiomir Egiziano (above), for a new limited run. Only 300 pieces will be available at about $30,000 each. The watch features features a large lightweight brushed titanium case, a hand-wound movement with an 8-day power reserve, and a bi-directional rotating bezel. It comes on a thick tan leather strap fitted with a titanium buckle."
"March 1st, 2009 will mark the premiere of Sneaker Con in New York City.
Sneaker Con is a Buy/Sell/Trade sneaker and apparel convention, event participants will have access to thirty vendors who will carry some of the hottest sneakers and gear on the market now.
Sunday, March 1st, 2009 12-7PM
Time Square Arts Center
669 8th Avenue
Between W. 42nd and W. 43rd St.
Times Square, New York
"Let them eat cake!" Marie Antoinette arguably once said. Well, I wonder what Marie would think of these Christian Louboutin heels designed with her in mind? She did lose her head for spending more money on extravagant fashion instead of feeding her starving people, so I guess she wouldn't mind them.
Louboutin teamed up with famous embroiderer Jean-Francois Lesage of the House of Lesage to create these spectacular heels. Only 36 pairs have been made, and at $6,295 a pop they are very far from my reach. Available in pink, yellow and blue they will be sold via Louboutin's Madison Avenue boutique from February 26. Kirsten Dunst gets a pair for free... naturally."
"Famed billionaire Warren Buffett's Berkshire Hathaway Inc. picked up a pricey bauble this Valentine's week, $250 million of Tiffany & Co. debt. Tiffany & Co. is still the world's second-largest retailer of luxury jewelry but like many retailers, especially those in the jewelry business, it took a deep hit over the past holiday season. With its stock share price falling and lower sales numbers, the Buffett boost provides much-needed insulation in an unsure world.
Buffett has been buying up debt everywhere lately on companies as varied as Harley-Davidson and Sealed Air Corp., the makers of Bubble Wrap. Bonds on this debt pay between 10 and 15 percent. The Tiffany bonds are at 10 percent and half of the bonds will mature in 2017, the rest two years later. Tiffany will use the money to repay debt and regroup in a time that has seen other jewelry retailers including Whitehall and, just last week, Fortunoff, fall into bankruptcy. In the last year or so much of Tiffany's strategy has involved opening smaller stores and creating more entry-level sterling silver pieces. Last March before the economic crisis really got into full spin, I questioned whether these stores and this merchandise represented a dilution of the Tiffany brand. Given the prevailing winds of change, Tiffany could decide to reverse course, open fewer stores this year and strengthen its luxury reputation or it could continue on the current track and hope that consumers with less money to spend will still want a little piece of Tiffany."
"CNBC's "NEWBOs: The Rise of America's New Black Overclass," is an original one-hour primetime documentary about the growing wave of young black multimillionaires coming out of the sports, media and entertainment industries. This project examines the rise of "Newbos," -- young black athletes, entertainers, and creative entrepreneurs – who, with the right amount of financial literacy, collaboration, intergenerational mentorship and social awareness, could have a profound, positive impact on black America. The special, hosted by Wall Street Journal reporter and CNBC correspondent Lee Hawkins, who coined the term "Newbo," is based on Hawkins' forthcoming book of the same title.
Newbos captures the pressures and prominence of the fascinating Newbo class and includes data about the wealth and financial impact of black athletes and entrepreneurial black music moguls in America. Contradicting old-guard leaders who assert that Newbos offer little to the black community as a whole, Hawkins puts the spotlight on the entrepreneurial, social and charitable efforts of several Newbos and their contagious financial power. The documentary offers behind-the-marquee stories on several high-profile Newbos, including NBA superstar LeBron James, Major League All-Star Torii Hunter, The Williams brothers of Cash Money Records, Dallas Cowboy star Terrell Owens, billionaire entrepreneur and Newbo pioneer Bob Johnson and musician, Multiplatinum gospel star Kirk Franklin, and television network owner Wyclef Jean.
There are more black multimillionaires and potential billionaires in the United States than ever before, and a startling new black overclass has emerged out of these three industries, generating billions of dollars of income per year. While there is no shortage of coverage of the unfortunate realities of black America-such as crime, incarceration rates, and wealth disparities-this is the first analysis of the growing number of self-made young black multimillionaires and the impact fast-wealth has on them and others that surround them."