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Sophia Kokosalaki has joined Maison Martin Margiela and Dsquared2 in Renzo Rosso's Diesel style stable.
According to WWD, Rosso has taken a majority stake of the brand through Staff International, the manufacturing arm of his Only the Brave fashion group, which reported sales of £74 million last year.
"Her take on fashion is new, fresh and modern, and the way she designs a dress is just incredible," he said.
"I have never seen so much creativity in each single outfit.
I am in love with her designs."
Declining to reveal specific details of the acquisition, Rosso continued: "It was not a big financial investment, but it will be further down the road," and added that he had been "keeping an eye on Sophia for the past two years" and that he wanted her to become a "modern player in the world of contemporary fashion and a new luxury model".
Greek-born Kokosalaki, who will continue in her other role as creative director of the newly launched Vionnet couture house, says she is keen to use Rosso's "huge network" to expand her brand but adds that she went for it because it was "not too corporate".
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One dress is not enough for Oscar producer Laura Ziskin.
Even 30 of the most iconic dresses ever worn on Oscar's red carpet are not enough. Ziskin wants more.
Not to wear, but to share.
Ziskin is transforming the annual Oscar fashion show, which typically forecasts what styles might grace the red carpet on the big night, into a retrospective of memorable outfits from the past five decades of Academy Award galas.
"A Celebration of Oscar Fashion" will feature dozens of groundbreaking gowns for a private audience of press, stylists and stars on Jan. 30.
But Ziskin and the show's curator, Vogue editor-at-large Andre Leon Talley, still hope to collect a few other pieces.
On their wish list? Ellen Barkin's Versace dress from 1993, a Halston gown worn in 1990 by Glenn Close, the dress Julie Andrews wore in 1965 (which was featured in last year's Oscar poster) and "anything from Natalie Wood."
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The runway will soon be dressed with fabulous original fashions as Bacardi Limon, a leader in the flavored rum category, and The Daily, the fashion world's authority, invite aspiring designers to add a bit of vibrant color to clothes created with a nod to individual style.
The Express Your Style Competition will reward the undiscovered talent (21+) whose couture cocktail design best exemplifies the essence of Bacardi Limon, a unique blend of Bacardi Premium Rum, infused with an artful combination of lemon, lime and grapefruit essences.
The contest calls for entrants, aged 25 and over, to send sketches of fashions for men or women, in yellow tones, of course, that convey the excitement and intensity of a fabulous night out on the town.
A description of the creative concept, in 500 words or less, must accompany the design, including the types of fabrics required.
Contestants can enter as many times as they wish, but each entry must be different.
Sketches may be sent either by mail or via email as a jpeg attachment sized between 600x900 and 1200x1800 pixels.
All entries must be received by 11:59 EST on January 27, 2007.
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Lesley
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New Online trend service mpdclick launches a rival to the popular WGSN news portal.
mpdclick is focused on kids teen and youth fashion and is already becoming an essential tool for design led retailers and brands.
The service is offering a free 3 day trial to industry professionals.
Jo Everett, buying consultant to UK high fashion chain New Look and formerly Head of Kidswear at Tesco UK, says: "A subscription to mpdclick is like having your own market research department on call 24 hours a day.
Just click and you have access to 1000s of reports compiled using photographs, colour and trend information that's collected from all the major trade fairs, runway shows, style events and retail hot spots worldwide"
"These days, with new ranges coming in to store every 6 weeks designers, retailers and buyers do not have time to do extensive research themselves - they need essential information in an easy to understand format, which is updated on a daily basis"
Fiona Jenvey, founder and owner of Mudpie Design and mpdclick says: "Not many trend agencies take kids, teen and youth wear seriously.
Often the trends are portrayed as being dumbed down runway with little consideration.
Young fashion should be right on trend, not just an afterthought".
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Mpdclick Launches Rival to WGSN News Portal
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H&M the international retail giant and their head of design Margareta van den Bosch have teamed up with Madonna to create a line of clothing and accessories that are scheduled to arrive in all stores carrying the women's wear collection, around the world in March 2007, it was announced today.
The "M by Madonna" fashion line will reflect Madonna's timeless, unique and always glamorous style.
A long standing cultural icon whose enormous global influence on how people dress and look is without equal, Madonna worked hand in hand with Margareta van den Bosch to create a wardrobe of clothing and accessories that represent her own personal and modern spin on her very own wardrobe staples.
"Madonna has an impressive feel for fashion and trends.
She was extraordinarily style conscious, passionate and was involved in even the smallest details of every design.
There is no doubt that Madonna's influence is reflected by the 'M by Madonna' line", stated Margareta van den Bosch regarding the collaboration.
"I've made no secret of my love of fashion over the years.
Working with Margareta and H&M was an exciting and new creative challenge for me.
I'm really happy with the results and look forward to wearing 'M by Madonna' along with the rest of the world", concluded Madonna.
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M by Madonna: Madonna and H&M Launch New Fashion Line
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