Kate Hudson “Can’t Afford” Designer Clothes

Posted by Andru Edwards Categories: Celebrities, Fashion Designers,

Kate Hudson claims she "can't afford" designer clothes.

The Bride Wars actress - who has nine-year-old son Ryder with ex-husband Chris Robinson, and two-year-old son Bingham with fiance Matt Bellamy - insists she has to borrow the high-end gowns she wears for the red carpet because they are too pricey for her budget.

"People think we own all these dresses. But we borrow them! I can't afford to buy that stuff. There are certain things I splurge on, but it's very rare, especially when you have two kids and school tuition. I'm not a big high-end fashion shopper. I wish I could but the truth is things are just so expensive. Before Isabel Marant was a million dollars and famous, I used to go to her store in Paris and go crazy, it was so affordable," she told Harper's Bazaar.

The 34-year-old beauty - who is worth a reported $38 million - credits her mother, Goldie Hawn, with her frugal ways: "My mom wasn't a big shopper for us. I think they wanted to instill that in us even though we grew up in a really privileged and lucky lifestyle."

Tori Spelling Hasn’t Bought a Purse in 3 Years

Posted by Andru Edwards Categories: Celebrities,

Tori Spelling hasn't bought a purse in three years.

The 40-year-old actress - who has four children, Liam, six, Stella, five, Hattie, two, and Finn, 14 months, with her husband Dean McDermott - admits her money problems have got so bad that she hasn't been able to treat herself like she used to do when she was younger, but she's learned cash isn't the most important thing.

"I haven't bought a purse in three years. And it's fine. I look back on that girl who shopped at Gucci in my 20s and I can't even relate. I can't believe I thought it was important," she said, peaking to People magazine.

The former 'Beverly Hills 90210' star - who is currently renting a modest home in the San Fernando Valley in Los Angeles - reportedly inherited $800,000 from her TV producer father, Aaron Spelling, who died in 2006, but she blames her childhood for her lack of money awareness. Writing in her new memoir, Spelling It Like It Is, she said, "It's no mystery why I have money problems. I grew up rich beyond anyone's dreams. I never knew anything else. Even when I try to embrace a simpler lifestyle I can't seem to let go of my expensive tastes. And then there's my shopping problem. I've bought ridiculous amounts of stuff for the kids, clothing, toys, crafts."

Dolce and Gabbana Headed to Jail?

Posted by Robin Paulson Categories: Fashion Designers, News,

Looks like fashion designers Domenico Dolce and Stefano Gabbana will soon be trading in their designer duds for some blasé prison jumpsuits.

Prosectors in the Italian creatives' tax evasion case are seeking to have them thrown in jail for not having paid €400 million in taxes, seeking to get them five years in prison between the two of them (I guess tax attorneys are less harsh when it comes to sentencing female singers).

The tax evasion case has been a long time coming, as the pair's accounting habits became suspect with their 2004 sale of their D&G and Dolce & Gabbana brands to holding company Gado, which is based in Luxembourg. Tied to the alleged tax crime was their board member Cristiana Ruella and accountant Luciano Patelli, both of whom have been previously prosecuted (Patelli was sentenced to three years in jail).

While it's disheartening to think that one of fashion's most beloved fashion duos are facing length prison time, one must wonder who will take over the reigns and emerge as the next talent in the industry?

Read More | Huffington Post

Gisele Bundchen is Named the Highest Paid Supermodel in the World

Posted by Andru Edwards Categories: Models, News,

Gisele Bundchen has been named the highest paid supermodel in the world.

The Brazilian beauty raked in $45 million from her modeling contracts and endorsements between May 2011 and May 2012 alone, once again keeping her title as highest paid model in the world, according to Forbes.

The 31-year-old star is worth over $35 million more than her top competitors, Kate Moss and Natalia Vodianova. British star Kate, 38, was paid $9.2 million to front campaigns including Longchamp, Mango and Rimmel, while Natalia earned $8.6 million for representing Guerlain and Calvin Klein.

Forbes reports that Gisele has been the highest-paid model in the world since 2004. In June 2011, the magazine estimated her total earnings over the last 10 years accounted for over $250 million.

Gisele, a former Victoria's Secret model, is also a Goodwill Ambassador for the UN Environmental Program. She counts spokesperson and liscencing deals amongst her many income strands and is the face of Pantene, Esprit, and Versace.