Time to get your jollies on with Betsey Johnson‘s Victorian-esque Fall/Winter 2011 collection. Though it is years out of production, this is the wardrobe I would expect to see Sex and The City’s Carrie Bradshaw sporting around NYC. Velvet and animal print were omnipresent, including a stronghold on some must-have onesies. Split into two sections, Betsey’s second half was composed of her new line which piece-by-piece retails for under 100 dollars. At this point, the models were traded for employees and friends of Betseyville, including the gorgeous super-blogger Gala Darling, who all wore wigs in the style of Betsey’s quirky tresses. See the top five looks below! View Post
In inescapable and embarrassing news, Steve Madden Ltd. has taken over a $48.8 million loan to Betsey Johnson‘s company, according to papers filed with the SEC late yesterday. Johnson, whose Fashion Week show is in ten days, has until August 20, 2012 to repay Madden – otherwise he takes it all. I mean everything.
Madden already holds a license for handbags, small leather goods, belts and umbrellas under the Betsey Johnson and Betseyville trademarks. The collateral for the loan includes the company’s intellectual property, so Madden could be in line for the labels it holds as licensee. Also included among the items securing the loan are “the borrower’s personal property, accounts, deposit accounts and cash, equipment, fixtures, general intangibles, goods [and] inventory.” Ouch.
The suite, inspired by the children’s book character “Eloise” who lives in the “room on the tippy-top floor” of the Plaza Hotel, was decked out by 67-year-old designer of dreams Betsey Johnson. It starts at $995 a night; to add an adjoining room for grown-ups, the nightly rate begins at $2,045. So worth it.