Today's Fashion Headlines: Friday, June 21, 2013

Olsen Twins Launch Handbag Division of Elizabeth and James Mary-Kate and Ashley Olsen and InStyle’s Ariel Foxman threw a cocktail party in the penthouse of Chateau Marmont on Wednesday night to celebrate the fall launch of Elizabeth and James handbags. Anxious party-goers included Ashley Madekwe, Ahna O’Reilly and Scandal’s Katie Lowes. Guests were given a …

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Designer Jean-Louis Scherrer Dies

French fashion designer Jean-Louis Scherrer, whose clientele included former first lady Jackie Kennedy and actress Raquel Welch, has died. He was 78. He suffered from a long illness and died in his home in Paris, reported Women’s Wear Daily. After studying under fashion icons Christian Dior and Yves Saint Laurent, Scherrer launched his own line …

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Breaking: Dolce & Gabbana Found Guilty for Tax Evasion

Women’s Wear Daily dropped a bombshell on the fashion industry this morning when they announced legendary design duo, Dolce & Gabbana, were found guilty of tax evasion and sentenced to one year and eight months. Following investigations that began in 2008, initiated by an Italian police force under the authority of the national minister of economy …

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