Versace Sells Minority Stake: Following months of speculation, Italian fashion house Versace has officially sold a 20 percent minority stake to investment fund Blackstone Group. "I am very pleased to work with Blackstone and, in particular, with Stephen Schwarzman [co-founder of Blackstone], whom I admire for his achievements and who shares the family's vision for the development of Versace," Donatella Versace said. Blackstone's investment will allow Versace to grow financially and continue to expand on a global scale into new markets. The fund recently invested $200 million in shoe company Crocs. [The Telegraph]
Jessica Lange Fronts Marc Jacobs Beauty Campaign: Sixty-four-year-old actress Jessica Lange made a splash at Marc Jacobs's Fall/Winter 2014 show, narrating the ominous "Happy Days Are Here Again" poem while models walked the runway. Now, Lange will front the first campaign, shot by David Sims, for Marc Jacobs's newly-launched beauty line. Jacobs leaked a photo to Instagram, which featued a shadowed close-up of Lange's gorgeous face. [Fashionista]
Gisele Finally Reveals Wedding Photo...Five Years Later: To celebrate the five year wedding anniversary of her marriage to Tom Brady, Gisele Bundchen posted the first public photo of the two sharing their nuptuals. Bundchen shared the photo via Instagram, which showed off her sequined-bustier wedding dress and a rose tucked behind her left ear. [Refinery29]