This Week In Fashion

Artistic Director Camille Miceli takes over PUCCI. First collection was unvailed and it's filled with colorful fashion Pucci is well known for and sporty separates. Together with the new collection the new logo was introduced. It is inspired by archival 1953 "Capri Sport",a dual fish shaped as P.

Spanish fashion hosue BALENCIAGA retained it's spot as the hottest brand in the first quarter of the year according to the Lyst Index. Lyst measures items by volume of social media mentions. Second place took Gucci and third, French label Louis Vuitton.

FENDI x VERSACE Collab FENDACE - Marries two huge fashion houses Fendi and Versace and it will hit stores this month! Kim Jones and Donatella Versace change places over each other's houses. The collection will be available in both Fendi and Versace boutiques and online. The ad campaign was shot by Steven Meisel, the case includes Naomi Campbell, Imaan hammam, Kristen McMenamy and Anja Rubik.

Michael Kors and Italian sportswear brand Ellesse are collaborating. The capsule collection launches this month offers "luxurious and modern take on retro athleisue" according to Michael Kors. Oranges and reds are the color palette of Ellesse and are part of the collecion along with Ellesse x Michael Kors emblem.

Scarlett Johansson launched minimalist skincare line called The Outset. The line launched in Sephora this week and inlcudes micella cleanser, collagen serum, moisturizer, night cream and vitamin C eye cream.

Nordstroms welcomes Loro Piana. “My role is to bring a heightened point of view to Nordstrom’s merchandising offering: working closely with the buying team to inform the message of the season, scouting new designers, and providing an editorial perspective", shared with Vogue Designer Fashion & Editorial Director of Nordstrom Rickie De Sole. “I grew up sailing with the Loro Piana family in Italy,” De Sole says. “I always remember great quality outerwear that was unflappable even after a day out on the water.” “For the customer who isn’t chasing trends, Loro Piana offers an unparalleled level of quality and discreet luxury.”

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Versace fans smear Michael Kors as 'the tackiest man alive' following brand's sale

"Cheap fabric for soccer moms." "Duty-free cheap (expletive) you buy at the airport." "A brand about to go from high-end luxury to TJ Maxx & Walmart."

Versace fans used all kinds of colorful comparisons to criticize the sale of the Iconic Italian fashion brand sale to Michael Kors, taking to social media to mourn what they saw as the brand's sullied legacy.

Following rumors on Monday, the sale of the Gianni Versace fashion house to Michael Kors Holdings Ltd. was confirmed on Tuesday, in a deal worth more than $2 billion.

Versace acolytes responded on social media with all the drama one would expect, invoking the name of the Gianni Versace to condemn the sale.

"Gianni Versace didn't die for his ICONIC brand to be sold to some cheap & tacky designer who is the epitome of locals knowledge on designer brands & whos bags u can't even tell the difference between the fakes they sell in Turkey," read one viral response. "This is the end of Versace. I'm so disappointed."

Some truth-tellers on social media were quick to point out the differences between Kors' luxury and lower-priced lines.

"Michael Kors isn't cheap, actually @MichaelKors has marketing smarts," read one rebuttal. "The "cheap" stuff you see is the less expensive collection & he also has a high end line. So while you can get a MK purse for $400, there is also one for $4000. That's why he's close to owning @Versace!"

That didn't stop other Versace fans from calling Michael Kors the "tackiest man alive."

Maeve McDermott for CNBC

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