Betsey Johnson’s Chapter 11 Bankruptcy gets a Sweet Thrill with Cupcakes and Champagne

Success is not the only thing that has a sweet smell.  Apparently, there is also a sweet smell of bankruptcy!

Betsey Johnson filed for Chapter 11 bankruptcy last Thursday and instead of feeling glum, she popped bottles of champagne and ate cupcakes with her now ex-employees.

Betsey Johnson’s ex-design team celebrated getting their pink slips with newly resigned CEO Jon Friedman.  

Betsey and her design team were having a company-wide meeting that turned into a party.

I guess there was no need to have a meeting anymore?  The celebration took place in the showroom where cupcakes and champagne were served.

Cupcakes and champagne during a bankruptcy is always better than being down in the dumps.  The sugar servings were a great idea Betsey!  It’s kind of difficult to be sad when your on a sugar high.

Betsey Johnson cartwheels into Bankruptcy!

The leopard print-tutu-wearing-pink-princess’ licensee filed for Chapter 11 bankruptcy on Thursday.

Unfortunately for Betsey Johnson, as a result of the filing, 63 stores will lock their doors and fold their clothes one last time beginning next month. 

With stores closing, it can only mean that Betsey Johnson is saying 'hasta luego' to her employees.  More than 350 employees are expected to say good-bye to their jobs.

I guess that means no more frolicking around in pink tutus! :(

 

Betsey spoke out on the matter on Thursday:

"I feel so sad for my store people and all my pink girls. They live and die for me. But I need to be better. I really need to work well and be more efficient."

Even with the loss of over 350 employees, the original pink girl, Betsey Johnson will remain employed as creative director for the company.  She will now focus completely on her line sold at Macy’s, which is a lot more moderately priced than her line at her boutiques.

 

The iconic sequins, bold colors, and celebrity faces had been in danger of losing their popularity for quite some time now.  Footwear retailer Steve Madden bailed out Betsey Johnson in 2010 for a $48 million loan that defaulted. 

It was just a matter of time for the cartwheels to be over.

We wish you the best Betsey!

Red Soles to Appear on Cinderella's Glass Slippers!

None other than the magnificent French designer Christian Louboutin would score such an iconic role to flip the look of Disney's Cinderella's glass slipper.

Cinderella's classic glass slipper will forever be a representation of the well-known movie, but there is never anything wrong with receiving a makeover!

Christian Louboutin's designs are glorious, vibrant, and visibly beautiful.  The re-release of Disney's Cinderella on Blu-ray will be made over with red lacquered soles for Cinderella's glass slippers.

Christian speaks out on his new and exciting creation:

“I have been so lucky to have crossed paths with Cinderella, an icon who is so emblematic to the shoe world as well as the dream world.”

Christian Louboutin is a prominent designer to celebrities and fashionistas around the world.  The appearance of red soles on Cinderella's glass slippers makes Louboutin's shoes even more exciting to wear!

The Starships Rapper Nicki Minaj continues to influence Sophia Grace & Rosie as they sing their way back onto the Ellen Stage

These two girls are Caaaauuuuuttteeee!!

Sophia Grace & Rosie appeared on Ellen once again for who knows how many times now!

Yes, these two sweet little angels are that ahhhmazing.

This time, Sophia Grace & Rosie demanded attention with their own interpretation of "Starships," by Nicki Minaj.

Sophia Grace & Rosie are know for interpreting various Nicki Minaj songs such as 'Moment 4 Life' and 'Super Bass.'

Their popularity is only going to continue to grow!  Even Justin Bieber has taken the likes of Sophia Grace & Rosie by tweeting about them.

Justin said in his tweet to girlfriend Selena Gomez that she has some competition! 

Are we sure Sophia Grace & Rosie aren't Justin's children?  Maybe it's time for another paternity test!  Just kidding!

You girls keep doing your thing!

The fifth star of ‘Sex and the City sold for $9.85 million

The tales of ‘Sex and the City’ wouldn’t have been as fun and entertaining without Carrie Bradshaw’s home.  The sweet memories of Carrie Bradshaw tip toeing through her apartment in her Manolo Blahnik's will always stay fresh in our minds.

The well-known apartment at 64 Perry Street located in Manhattan’s West Village now has a new owner.  The apartment sold for $9.85 million  earlier this month to an anonymous buyer.  The New York Observer noted that in city records it is listed as MMKK Perry Street Realty LLC. 

Inside Carrie Bradshaw’s old home.

64 Perry Street (Courtesy of ny.curbed.com)

On SATC the apartment is shown to be a lot smaller than what it actually is.  Carrie lived in a one-bedroom apartment with a small kitchen and a decent sized living room.  In reality, the home is at about 4,104 square feet that includes five-bedrooms, a basement, a sun room, and a backyard!  

Floor plan of Perry Street Apartment

Carrie played a freelance journalist with a never-ending addiction to expensive footwear.  There was no way she would’ve ever been able to afford such a luxurious pad!  In March, the property was listed for $9.65 million with Sotheby Realty.  The home was previously bought less than a year ago for $9 million.  How’s that for a nice profit?  I hope the new owners are ready for incessant tours and passersby. 

Fireplace (Courtesy of ny.curbed.com)

The SATC fanatics will never forget the façade of Carrie’s old apartment.  The unforgettable scene of Carrie telling Mr. Big that she doesn’t live here anymore because she’s moving to Paris with her lover Alexander Petrovsky will forever stick in our minds.

 The original setting for many scenes on SATC (shown below) were shot at 64 Perry Street.  The show was actually supposed to be on the Upper East Side.  Producers then moved next door to 66 Perry Street.

64 Perry Street (Courtesy of ny.curbed.com)

According to a New York Times feature, the 1866 home isn’t just famous for SATC.  It was built by architect Robert Mook and it was also used for a six-decade romance between documentary filmmaker Wheaton Galentine architect Harold Eliot Leeds.

Kim Kardashian for Mayor?

Kim K for Mayor of Glendale?

If the flour bombing and the unexpected plans to marry Kanye West didn’t get your attention, then how do you feel about the reality star Kim Kardashian running for mayor?

In an episode of E!’s “Khloe and Lamar” Kim expressed her interest in running for the mayor of Glendale, CA in a few years. 

Kim says, “I decided I’m going to run for the mayor of Glendale.”  She added that she and a friend are “looking into all of the requirements.”

Kim picked the city of Glendale due to its vast population of Armenians.

 

Could this just be another PR stunt for Kim, or is she actually trying to flourish into a real work environment?  Kim is known for her attention grabbing headlines and appearing on almost every celebrity entertainment news site at least once a day.

The only problem with this situation is that it’s not something that can end or begin within the next 72 days.  (Kris Humphries anyone?) 

The Los Angeles Times spoke with Glendale city spokesman Tom Lorenz, who said, 

"No. 1, you don't run for mayor in the city of Glendale," Lorenz said. "It is not an elected position in the city. The elected positions are five City Council people, a city clerk and treasurer." The city does have a sitting mayor, but the position is voted on by the council.  Kardashian better learn these technicalities if she's serious about her bid for mayor. 

Technicalities?  Serious?  Kim doesn’t deal with technicalities Mr. Tom Lorenz.  Kim is the queen of all things possible, but does she even know what a technicality is?  Sadly for Kim, she better start learning or her quest for mayor may never begin.

Running for mayor could certainly just be another phase for Kim.  It may not be ideal for someone with commitment issues to run for mayor.  But hey, if Arnold Schwarzenegger took the likes of the California government, how hard can it be for a reality star to make it as well?

For all we know, this may be her calling.  “Kim Kardashian for mayor…” I can only wait and see what her campaign slogans will say.