4 posts tagged "Facebook"
Earlier today Facebook-owned snap-happy service Instagram (which at present has a cool 130 million users, receives one billion likes a day, and hosts over 16 billion photos) debuted video. Similar to its popularized photo functionality, Instagram Video offers thirteen filters, still-frame thumbnail options, and fifteen seconds of recording (unlike Twitter’s competing service, Vine, which stops the clock at six). We took the new feature for a test-drive today, and though we can’t shake the shaky hand, Instagram claims it will improve our faulty fingers with Cinema stabilization.
So, what does this mean for fashion? Well, for one, there will be even more real-time (and personal) access to moving runway looks. Burberry, for example, took its 850 thousand followers behind the scenes, sharing moving moments from its recent menswear show (above). With Couture on the horizon and September sneaking up, we’re eager to see how showgoers will use the new video app to bring fashion-watchers as-it-happens action. Those of us viewing the runways from the office will also look forward to instantly seeing garments in motion. (Let’s be serious, stills rarely do Couture justice.) However, we generally prefer our fashion unfiltered.
It’s probably been a pretty happy birthday for Mark Zuckerberg (pictured), Facebook’s baby-faced CEO, who turned 28 this week: The company’s initial public offering today is targeted to raise $16.4 billion and be the third largest in financial history. (The initial share price is $38.) Could a trade-up from his much-maligned hoodies be next? [WWD]
Zuckerberg isn’t the only guy smiling: U2 front man Bono is reaping the rewards of Facebook’s IPO as well. Through his private equity firm, Elevation Partners, Bono owns 2.3 percent of Facebook. This morning’s offering will earn a reported $1.5 billion and make the man the world’s richest rocker—a title he takes over from Sir Paul McCartney. [The Hollywood Reporter]
The Macy’s Thanksgiving Day parade is getting a shot of street culture thanks to KAWS, who has been tapped to create his own balloon. The artist (a.k.a. Brian Donnelly) plans to inflate his Companion character, who originally made his debut last summer when he was positioned at the entrance of the Standard hotel in New York. [NYT]
Sixties fashion icon Peggy Moffitt is still rocking her signature look—five-point haircut included—and she shows it off in a Phil Pinto-directed film shot at her Los Angeles home. The model and muse, who worked closely with designer Rudi Gernreich and photographer William Claxton (her husband), reminisces about her favorite fashion memories. [NOWNESS]
Asprey named Bruce Hoeksema, founder and designer of the Rome-based VBH accessories line, as its new creative director. [WWD]
Consider your lunch break spoken for: Oscar de la Renta live-streams his new Resort collection today at 1 p.m. EST. [Oscar de la Renta]
And in slightly lower-tier (but no less exclusive) fashion: A company-only Facebook hooded sweatshirt (as seen on CEO Mark Zuckerberg) is currently listed on eBay, drawing RTW-level bids from techie die-hards. Current price: $4,050. Sorta makes the designer gray-sweatshirt trend seem more cost-effective, no? [eBay via Racked]
The cashmere buck stops here. Marcia Patmos and Tina Lutz, founders and designers of Lutz & Patmos, are disbanding their namesake label. Patmos will debut her own line, M. Patmos, for pre-spring and take over creative direction of the duo’s sportswear collection, Leroy & Perry; Lutz will focus on design and brand consulting. [WWD]
Unconfirmed (but intriguing): another mass fashion collab in the works for Viktor & Rolf? [Fashionologie]
Put another point up for the tents. Narciso Rodriguez returns to Bryant Park . The move from West Chelsea is sweet music to the ears of editors now banned from using car services. The D to 42nd Street is only $2, ladies.
Fashion Politics: Obama keeps it casual. And by that we mean ties, mostly jackets, and no jeans. So, really not so much casual.
Facebook Politics: Is unfriending someone really as easy as clicking a button? Actually, yes.
Too good to be sure recession prices may be the wave of the future, because designers know we’re on to them and we won’t be tricked into buying overpriced luxury goods ever again. At least not for a year.