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Kylie Jenner Buys A Diamond Ring With Travis Scott’s Initials (Harper’s Bazaar)
Kylie Jenner and Travis Scott may be keeping a low profile but the new parents are definitely going strong. Jenner just posted a Snapchat flashing a bling-y new diamond-encrusted ring bearing Travis Scott’s initials. The ring seems to have dual significance, paying tribute not only to Scott (né Jacques Webster) but also to Jenner bestie Jordyn Woods.
Given the dual meaning, it seems the ring is not an engagement ring. It’s also not the same ring that fueled wedding rumors last week after the new mom posted an Instagram holding daughter Stormi.
Prada Did Not Do Well in 2017 (WWD)
According to WWD, Prada reported profits of 249 million euros in the 2017 fiscal year, a 10.5 percent decline from revenues reported in 2016. Though, the brand’s chief executive officer Patricia Bertelli remains optimistic, telling the paper, “We have seen a promising start to 2018. I am confident this is the beginning of a new phase of development.”
Bulgari To Open Paris Hotel (WWD)
Italian fine jeweler Bulgari announced it will be opening a hotel in 2020 on Avenue George V between the Champs-Élysées and Avenue Montaigne. The hotel will be the seventh for the company which already has outposts in Bali, London, Beijing, Dubai, and elsewhere. The Paris resort will include 76 rooms, most of them suites, a spa with a 25-meter pool, and a restaurant opening out onto a courtyard garden.
The Obamas Will be Behind Your Next Netflix Binge Session (The New York Times)
Barack and Michelle Obama are reportedly in advanced negotiations with Netflix to produce “a series of high-profile shows.” Though the proposed deal has yet to be finalized and the format of the programming still unknown, the Times reports that the Obamas don’t intend to use the platform to comment on the current administration. The paper goes on to say that the Obamas may be producing shows that highlight inspirational stories.
Claire’s Plans To File For Bankruptcy (The Cut)
Nineties accessories Mecca and mall mainstay Claire’s is planning on filing for bankruptcy in an effort to ease the over $2 billion the company has incurred in debt. The debt is reportedly ten times more than their annual earnings but with a Chapter 11 filing, they will be able to continue operating their stores.
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