Fashion & Finance Friday!

Beach + Friday = PURE HAPPINESS!

That’ll learn him!  Chip Wilson – ousted founder and former CEO of lululemon just sold 20.1 shares to Advent International – the investment banker brought in by lulu’s board once they decided to throw Chippy out.

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Remember when Chip told the bigger girls that lulu’s yoga pants were not meant for curvy body types on national tv?  BEST AWESOME CORPORATE F-UP EVER!!!!  (Click here for a reminder of the awesomeness!)

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The board wanted Chip gone immediately after that, and so Chip agreed to sell 20.1 million shares yesterday and made $845 MILLION.  reversecommuter is quite sure Chippy learnt a valuable lesson here…

Luxury design houses are starting to report lower sales and earnings, based primarily on China not buying as much as was projected.

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Tod’s just released a profit decline, citing China as well as two major US boutiques closing for renovations as the reason behind the lag.  CEO Diego Della Valle is optimistic that 2014 Fall Collection is strong enough to rally Tod’s clientele back into power shopping mode.

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Note to Diego, the awesome car shoe and delicious Italian leather handbags are what makes Tod’s clients deliriously happy, and apparently Simon Doonan a little bit hungry!   Attempting to draw us in for a clothing line hasn’t accomplished the same pull.  Stick to what you know, let the profits grow (catchy huh?!).

Champs in a flute and the sun shining is reason enough to slap on the fancy shoes and wow the world with that outfit you secretly want/need to wear…Do It!

xo reversecommuter

Fashion & Finance Friday!

Greetings & Salutations to the Weekend!!!!!

Timing is everything!  Yes, reversecommuter got to take camel selfies and shop at Chanel in Dubai in April, but I completely botched the opportunity to attend the 2014 Chanel Cruise Collection held in Dubai on May 13th.  

 

Camel Selfie!

Camel Selfie!

The CHA CHA appreciative Dubai audience was appropriately quilted, double C jewelry and bel adorn, and there were also a few black abayas, scarved heads (Chanel scarves obvi!), and some Keffiyehs scattered amongst the audience sitting upon pillows on the ground of the most glamorous tent ever created complete with indoor palm trees and shishas!

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The fashion seemed perfectly tailored for the U.A.E. crowd, with veils, Chanel’s diamond encrusted crescent moon hair clips, gold lamè pants, the obligatory fabulous tweed, pearl dotted quilted bags and sunglasses and oodles of Kurta pajama inspired skinny pants.

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Chanel’s 2014 Cruise collection (available in October fyi!), went far beyond beautiful – it was like watching a magical performance of Alladin meets Lawrence of Arabia, complete with the best transe filled soundtrack. King Karl said that Dubai is “…interesting and exciting…the modern thought of the world… mix of the old world and the new world…it is the 21st Century Chanel.  Dubai is the home of the tallest buildings in the world, it was time for an Oriental revival.”  BRAVO KING KARL!!

 

Rumor on the money street is that there may be a takeover in the works for Lululemon.  The yoga pant machine has been suffering with low stock price, bumbling ex-CEO quotes insulting the curvaceous qualities of Lulu’s army of size 12+ devotees, and a couple of falsely labelled bamboo/not-bamboo pants headlines.  

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Some potential interested parties include NIKE, V.F. (as in Splendid, Ella Moss, Wrangler…) and even Columbia Sportswear.    Goes without saying this fashion blogger is doing a happy dance over the potential demise of the company responsible for the SINGLE WORST fashion trend to fall upon our society!  Toodles everyday lazy uniform of yoga pants, hello sportswear for sports!

Bellinis for everyone at least once this weekend!

xo reversecommuter

 

Chanel’s diamond encrusted crescent moon hair clips

Fashion & Finance Friday!

Hello Gorgeous Sunny Friday!!!!

Calypso St. Bart’s has hired Mindy Meads as the new CEO, amongst rumbles that the company is looking at growing from its current 20 boutique size. Mindy was co-CEO at Aeropostale but left 3 years ago to consult.

reversecommuter always hits Calypso just before a beach vacation – they have cute coverups! It’ll be interesting to see what changes are coming….

Buh-Bye!!! Lulu Lemon has an new CEO and now it’s time to issue an Adios to the founder & outgoing, gaff blabbing CEO, Chip Wilson. Remember a couple of weeks ago Chipper announced on National television that “some women’s bodies don’t actually work” in Lulu’s yoga pants.

reversecommuter is still giggling over that one! So Awesome!!!!

Apologies that today’s posting is short but sweet – reversecommuter is en route to NYC with her daughter for a little fashion bonding!!

Raise a glass of champs and toast all the fabulous people in your world at some point this weekend!
xo reversecommuter

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Fashion and Finance Friday!

What is it about a Friday before a long weekend?!  YAY!

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Before I get to the F&F, I wanted to take a minute to say “Thank You” to reversecommuter followers – your support, comments, likes and tweets mean the world to me!  Please find me on Instagram (@reversecommuter) and on Twitter (@reversecommutr).

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File under the category of “He Said WHAT?!”  Chip Wilson, the man who founded Lulu Lemon, (and Canada’s 10th richest man interestingly enough), blamed curves and women who are not skinny for the see-thru quality of his yoga pants and also for the piling effect of said yoga pants.  Hey Chip, take a drive through the ‘burbs to realize you just insulted the majority of your clientele!

Chip lost reversecommuter 5 years ago when the New York Times exposed the Lulu Lemon “bamboo” pant as a complete hoax.    Click here to read more on that.  

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Oprah is a copycat!  reversecommuter LOVES SKIN (click here to begin to obsess about SKIN!!).  Now that Oprah has released her Favorite Things list for 2013, the 12th item listed is none other than loungewear from SKIN!  How cool is it to say “Told you so!” to Oprah!  🙂      Click the blue to read the list & start your holiday shopping!

Enjoy the weekend and take the time to raise a glass of champs to all the service men & women, past and present, who collectively make bravery fashionable!

xo reversecommuter