Before dancing my life into oblivion at Kensington Roof Gardens last Saturday, I was lucky enough to be invited for a pre-boogie boogie and last London supper alongside the superbabes of Steve Madden UK.
The brand very kindly hosted Charlie, Stephanie, Serah, and I for dinner at Trullo before whisking us off to the 02 Academy for a concert with their latest Steve Madden magazine cover star, Charli XCX. Having helped support and launch the careers of Katy Perry, Lady Gaga, the All American Rejects and more, it was especially fun to don my favourite (cough, only) flats – The Graanite – and join the Steve Madden team in the hair-whipping adrenaline of a live Charlie XCX experience.
After spending much of the 90s lusting after Steve Madden’s iconic chunky platforms, that Saturday night was a spectacular way to sign off the last three years of career-building and blogging in London (having resulted in these sort of weirdly wonderful opportunities).
Steve Madden (aka sometimes cute, sometimes fatal) is being sued by Zooey Deschanel for $2 million over a breached agreement in which Madden was to endorse a “Zooey shoes and accessories” line (the price is the deal plus interest and legal fees). The lawsuit has been filed under a “breach of contract” and reports that her agent secured a deal for her – which was subsequently reduced to $1.5 million – that would allow the footwear company to use her name and image for said line. The complaint alleges that on 13th October, Steve Madden “breached and repudiated” the new deal without explanation and refused to pay. Deschanel was told she would be paid regardless of whether the line came to fruition…which it obviously hasn’t.
Watch for Justin Bieber‘s One Less Lonely Girl nail polishes, Steve Madden increasing his stake in Betsey Johnson, Karl Lagerfeld leaving Chanel, Alexa Chung‘s anorexia rumours, Rankin with Giorgio Armani and Erdem for your coffee table (Couture in the 21st century), Amy Winehouse fashion with Fred Perry and a Chloe Green collaboration with Kate Moss.
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.
Steve Madden plans to bring back those ubiquitous Big Head campaigns from the ’90s. In fact, the nostalgic reissue of bobble-headed gals has already started appearing in physical malls. I’m feeling uber-youthful.