Dan Ariely, author of The (Honest) Truth About Dishonesty: How We Lie To Everyone — Especially Ourselves takes a look at counterfeiting in the fashion industry. Hey Dan, would you label someone wearing a fake as a cheater?
I think in many areas of life we have shades of gray. I think for most people the intuitive definition of a cheater would not include someone wearing fakes. It’s this lax definition propelling the issue forward — but it needs to be a decision that is more in the moral domain. Think about illegal downloads. When I ask my students, almost 100% download illegally. When I ask how many would be embarrassed if someone found out, if The New York Times published it, no one said they would be embarrassed. That’s the problem — people wouldn’t be embarrassed. As long as people feel embarrassed, there’s something good, because it holds us back. When they don’t, it’s basically over, and it’s incredibly hard to fight and curb. In this regard, I think it’s incredibly important for the industry to restore the idea that people should feel bad about counterfeit fashion. Without that, we’re going to be in a very difficult position. [The High Low]
Valentino was sold to Qatari Group Mayhoola for an unprecedented (in my book, at least) $852 million. Says a Mayhoola spokesperson:
"Valentino has always been a brand of unique creativity and undisputed prestige. … Our vision is to back management for the long term to exploit the full potential of this exciting brand. We believe Valentino is ideally suited to form the basis for a global luxury goods powerhouse."
Maybe now someone will send Chloe Sevigny a damn Valentino gown! [WWD]
Take a look at the entire Yayoi Kusama for Louis Vuitton lookbook, unless of course you're prone to polka dot-inducing seizures. Also, Charlotte Cowles would like you to know that she respects PR embargoes, by the way. [The Cut]
Even though we found out that Twitter is for young people and Facebook is for old farts, YSL has released a limited edition eyeshadow palate inspired by Mark Zuckerberg's billion-dollar site. [Fashionista]
Here are three Burberry cookies, which, if you take a look, are exactly what I mean. The sweets are meant to mark the luxury label's new Flagship on Michigan Avenue in Chicago. [Racked]
It's confirmed: Hot on the heels of her rumored relationship with Justin Verlander, Kate Upton says wants to move on from sexy GQ and Sports Illustrated spreads to the runway. But will it happen? Michael Kors says, "yes!" [Hollywood Reporter]
Vice released their sophomore list of Do's and Don'ts, and I think they say the word "panties" at least a dozen times. Just be forewarned. [Vice]
Conde Nast is undergoing a bit of "restructuring" to beef up their digital sphere, which means 12 people just got the boot. [WWD]
Rihanna just announced she has a fashion reality TV show airing in the UK. Where the hell is Bravo when we need them? Andy!? [HuffPo]
Apparently they make Fendi dresses for 2-month-olds. Ask Jessica Simpson for details because this is making me ill. [People]
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