Versace Profits Up 20 Percent in 2015 [WWD]
Last year was a good one for Versace, and not just because Donatella Versace joined Instagram and snagged Gigi Hadid for the Italian label’s campaign. The company reported a 19.9 percent boost in profits, with e-commerce sales up 30 percent and in-store retail sales up almost 29 percent. Moving forward, the company plans to continue expansion by opening more stores.
Victoria’s Secret Reveals 2016’s “What Is Sexy?” List [Pret-a-Reporter Inbox]
Arbiter of all things sexy, Victoria’s Secret, released its annual “What Is Sexy?” list, featuring some of Hollywood’s hottest ladies. Among the honored babes are Sofia Vergara (Sexiest Mogul), Kylie Jenner (Sexiest Style Risk-Taker), Alicia Vikander (Sexiest International Import) and Jennifer Lopez (Forever Sexy).
Gigi Hadid Shuts Down Twitter Troll [Twitter]
After a Twitter user chided Gigi Hadid for her runway walk and dating life (“practise how to walk properly instead of having a new bf every 2 weeks”), the supe shot back with a little sass of her own. “I’ve dated 3 guys in 3 years, hun,” she tweeted of her past beaus (Cody Simpson, Joe Jonas) and present BF, Zayn Malik. “My walk can always get better; I hope the unrelated bitterness in your heart can too.” Mic drop.
SoftBank Invests $250 in WME-IMG [THR]
SoftBank, a Japanese telecommunications company, has invested $250 million in WME-IMG, raising the overall value of the entertainment conglomerate to $5.5 billion. WME and its majority owner Silver Lake acquired IMG — which owns the agency that reps supermodels like Gigi Hadid, Karlie Kloss and Lily Aldridge — in 2014 for $2.4 billion. In July of 2015, WME-IMG took on style/beauty talent agency the Wall Group, whose roster includes a number of celeb stylists like Kate Young, who landed the No.1 spot on THR’s 25 Most Powerful Stylists List for the second time.