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Katie Holmes and Jeanne Yang close fashion line

Katie Holmes and celebrity stylist Jeanne Yang knew it would happen one day: They’ve shut down the fashion company they started together.

“It’s a 5-year-old business that they always knew was going to end,” Leslie Sloane-Zelnick, a publicist for the actress, said Thursday.

There was no formal announcement but word first circulated about a month ago.

“They still remain good friends,” Sloane-Zelnick said. “The timing was due to the fact that they have other projects in their lives right now and they live on separate coasts. And this is what they always planned.”

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Naomi Campbell talks twerking, TV, and mothering her models

Naomi Campbell has many jobs: She’s a television personality, an activist,an entrepreneur and, of course, a model. She has many talents, but twerking — you know, dropping it like it’s hot — isn’t one of them. This was just one of several revelations during a recent Town Hall Q&A with Campbell held at SiriusXM in New York City with designer Diane von Furtstenberg firing questions as moderator. EW was on the scene — and walked away with a few “no way, really?” discoveries about the British supermodel: READ FULL STORY

Sarah Jessica Parker discusses her shoe line...which includes 'The Carrie'

Sarah Jessica Parker may just go to a shoe store today and wistfully exclaim, “Hello, Loverrrrr!” at a pair of strappy stilettos. Only this time, they’ll be her own creation.

The once and future Carrie Bradshaw’s inevitable shoe line, SJP, hits Nordstrom this week. The shoes are designed with George Malkemus, CEO of Manolo Blahnik, and run in the $300 range.

The actress spoke with the Associated Press about the project and explained why now — 10 years after the show ended its original HBO run — was the right time to get into the shoe business. “I was very kindly being offered a lot of opportunities in the shoe category and I kept rejecting them,” Parker explained. “And I couldn’t figure out why. … And I was sitting with some women friends of mine and they said to me, ‘What is it?’ And I said, ‘Well, I know it’s not going to be the shoe that I want it to be.’ And I said that really my dream partner is George Malkemus. And they said, ‘Have you asked him?’” READ FULL STORY

Amy Adams responds to Valentino controversy: 'Truly appalling'

This is a major faux pas for a fashion house.

Amy Adams attended the funeral of Philip Seymour Hoffman over the weekend. Hours after the funeral, design house Valentino took a paparazzi photo of Adams entering the church and blasted it out on social media, touting that the actress was carrying a Valentino bag.

Valentino USA issued a statement on Twitter the next day in light of the company’s insensitive press release. “We regret releasing a photo of Amy Adams with a Valentino bag. Unaware of the circumstances it was a mistake and we apologize to Ms. Adams.”

Adams’ rep also clarified to E! News that the Oscar nominee “is not a paid spokesperson for Valentino, and the suggestion she would use this moment to participate in a promotion is truly appalling.”

Report: Jay-Z's Barneys collection rakes in $1 million

Despite the controversy surrounding the release of Jay-Z’s holiday collection for Barneys New York, the rap mogul’s line of clothes and accessories for the upscale retailer raked in a lot of money.

The New York Daily News quotes a source close to Barneys, who claimed that while the numbers were still being tallied, “profits had exceeded the million-dollar mark.”

The launch of the “A New York Holiday” collection was overshadowed by accusations of discrimination when two black shoppers said they were racially profiled after making expensive purchases at the luxury department store. Though his fans criticized him for refusing to pull out of his fashion partnership with Barneys, Jay-Z defended his decision to go ahead with the line as planned.    READ FULL STORY

Disgraced designer John Galliano gets a job

John Galliano’s fashion comeback continues.

The former Christian Dior designer — who was fired from the label after being arrested for going on a drunken, anti-Semitic rant (which was caught on video) in a Paris bar in 2011 — is confirmed to be creating the stage costumes for Stephen Fry’s new stage adaptation of the Oscar Wilde comedy The Importance Of Being Earnest.

When rumors about the wardrobe gig began last July, Galliano was said to be in the running along with Roland Mouret and Alexander McQueen’s Sarah Burton. According to British Vogue, Galliano was the top choice for the job and is currently at work creating costumes for the play, set to open in London next year.

Fry will both direct the production and play the role of Lady Bracknell, a character Galliano has dressed before. READ FULL STORY

Barneys cancels party for Jay-Z's holiday collection

Amid continuing controversy over the alleged use of racial profiling by luxury department store Barneys New York, a kick-off party to celebrate the retailer’s collaboration with Jay-Z planned for Wednesday has been called off, reports Women’s Wear Daily.

A brief statement issued by Barneys read simply, “Due to unforeseen circumstances, the event has been cancelled.”

Last month, fans called for Jay-Z to sever ties with Barneys after two separate racial discrimination lawsuits were brought against the store. A petition launched on Change.org urged the music mogul to withdraw from the BNY SCC Gallery and Collection partnership — a deal that included a fashion collection with items ranging from a $70 T-shirt to a $33,900 watch, and an immersive gallery space at the retailer’s New York City flagship. READ FULL STORY

Gwyneth Paltrow's favorite things: What's in the GOOP Gift Guide?

A deck of designer bridge playing cards, monogrammed silk pajamas, and a membership to an artisanal organic cheese club — these are a few of Gwyneth Paltrow’s favorite things, at least according to the actress/lifestyle guru’s annual Goop Gift Guide.

“Usually by this point in the year, I am well organized, Christmas cards are ready to go, I’ve got a good jump on the gifts. Not this year. I am overwhelmed and a disaster,” Paltrow admits in her introductory editor’s note. Luckily, the arbiters of style at GOOP pulled together a list of things they knew Gwyneth would love. (Paltrow even outsourced some of the work to kids Apple and Moses, who contributed their own lists of holiday must haves.)

Considering that the site has peddled everything from a $795 iPad case to a designer bikini for kids, the items featured on GOOP’s holiday gift list are surprisingly affordable, though you can be sure there are more than a few options for the shopper who can afford to give gifts like a bespoke monogrammed football or a $5,800 set of kitchen tools.

Read on for a sampling of Gwyneth’s favorite things. READ FULL STORY

See disgraced designer John Galliano as a puppet -- VIDEO

This form of imitation is the furthest thing from flattery…

John Galliano used to call the shots as head designer for Dior, but now someone else is pulling the strings. Galliano has officially been immortalized in the form of a puppet and theatre piece.

The disgraced designer–who found himself in hot water (and out of a job) after infamously making anti-semitic comments during one drunken (and video taped) evening in 2011–can thank Parisian magazine Vestoj for his pint-sized carbon copy.

The puppet appears in a twenty minute, six act play that is based on an interview Galliano did last year with American talk show host Charlie Rose. Artist Etienne Bideau-Rey dressed the puppet in a look inspired by an ensemble Galliano wore to his 2007 “Madame Butterfly” Dior show.

“Both Galliano and Rose appeared to be acting out some very clearly defined roles, with very little scope for improvisation,” Vestoj editor in chief Anja Aronowsky Cronberg told WWD of the theatre piece’s inspiration, while adding that its subtext explores “the power of the media and about the fact that the story we are being told is seldom the actual story of importance.”

Galliano’s puppet will next perform on December 10th in Paris and on February 4th at the London College of Fashion. In the meantime, watch a preview of the play after the jump.

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Ralph Lauren unveils Team USA uniforms for 2014 Winter Olympics

Ralph Lauren has once again designed the uniforms to be worn by Team USA at the 2014 Winter Olympics… and this time they’re made in America.

Figure skater Evan Lysacek and mogul skier Hannah Kearney modeled the looks, which the athletes will wear during their downtime in Sochi, Russia and at the closing ceremonies. The ensembles include a wool turtleneck with “Nordic-inspired reindeer and snowflake motifs,” a navy wool pea coat with a red banner stripe and patriotic patches — and Lauren’s trademark polo logo, natch — slim-fit fleece pants, and black leather boots with red laces.

The brand will also give non-Olympians the chance to show their patriotism with its games-inspired Village Wear Collection.  READ FULL STORY

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