The famous Sex and the City start joined Halston Heritage in January 2010 as CEO andPresident but now she has cut down all ties with the said company. The confirm reasonsare still unknown; however this news came during an interview for the August Issue ofVogue in which she explicitly stated that the partnership is over. Her original contract was believed to worth $10 million over three years but it nevergot materialized. Since then no official announcements have been made and finallyJessica Parker took $1 million settlement and left the company. It is also speculated that Halston Heritage was experiencing some financial troubles and are now in search ofservices of an investment firm for growing their assets.

JENNIFER LOPEZ AND MARX ANTHONY ARE SEPARATING

Jennifer Lopez and Marx Anthony recently announced that they are separating fromeach other after seven years of marriage. The couple has three years old twins Max andEmme, together they have decided to give individual time to their children once they get their separation finalized. Cuban model and actor William Levy shoot streamingvideo with Lopez earlier this year, at that time only rumors alleged that the two hasbecome more than just friends.
Fashion as an industrie

Fashion is important. It is essential for the economy, for society and for all of us. What we wear tells, above all else, who we are or who we would like to be.
However, the fashion industry is too often seen as frivolous, useless and ephemeral. Many do not understand its importance and significance.

Fashion is more than an individual matter

Globally, the value of the fashion industry is estimated at $3 trillion. In the UK economy, fashion is worth £26 billion. It is the second most important economic activity internationally in terms of trade intensity.