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Lori Loughlin, Mossimo Giannulli plead guilty to roles in ‘Varsity Blues’ scandal

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The couple is scheduled to be sentenced in August.

Lori Loughlin and her husband, Mossimo Giannulli, pleaded guilty, via a Zoom video call, to a federal judge for their roles in the massive college admissions scam.

The “Full House” actress and fashion designer appeared on two different screens as they entered pleas to Judge Nathaniel Gorton of the U.S. Attorney’s Office in Boston.

Loughlin and Giannulli had been accused of paying Rick Singer $500,000 to get their daughters into the University of Southern California as crew recruits. Neither girl had ever rowed competitively.

“They conspired with Rick Singer and others to commit wire fraud,” U.S. Attorney Eric Rosen said.

In pleading guilty, the couple dropped previous assertions that their payments were charitable and prosecutors had withheld exculpatory evidence.

Prosecutors have charged 50 suspects, including parents and coaches, in the investigation that’s been dubbed “Varsity Blues.”

Prosecutors have recommended that Loughlin serve two months and Giannulli serve five months, but the judge hasn’t yet decided. Each is scheduled to be sentenced on Aug. 21.

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Fashion & Style

Independent Fashion Designers + Retail – Footwear News

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In the wake of the COVID-19 pandemic and economic fallout, the businesses of young, emerging and independent designers are likely to be the most vulnerable. In a Supporting Independents, FN gives a spotlight these creatives to learn how they are adjusting to a new way of working and living.

Having launched as a direct-to-consumer label in 2015, Aeydē has always been digital first. In fact, co-founders Luisa Dames and Constantin Langholz-Baikousis previously worked worked together at Zalando private label Executive Shoes & Acc.

While the Berlin based label is now also carried by global e-tail platforms like Net-a-Porter, its own website still accounts for around 30 percent of business.

“We’ve been really lucky,” said co-founder, managing partner and chief creative officer Dames. “While sales completely dropped when the lockdown started, they are now practically back to normal in Europe and the U.K.”

With many European countries, Germany included, having relaxed their lockdown restrictions, strappy sandals from the recently launched high summer collection a proving to be a popular buy. “The U.S. market has completely collapsed though,” she admitted.

 

When it comes to wholesale partners, however, results have been mixed:  The high summer collection spent weeks stuck in their Berlin warehouse and many retailers have canceled their fall orders.

As a damage limitation exercise, the brand adopted a pre-emptive strategy, encouraging partners to reduce their orders rather than cancelling completely. This has seen some success. Nevertheless, said Dames, “a 40 percent decrease from wholesale is big problem for a small retailer like us.”

That said, she would prefer to keep stock levels with retailers low and performing well rather than creating a glut in the market. “We wanted to preserve brand integrity to avoid markdown,” she explained. “We’d rather that products sell out than having an overstock.”

“Retail is great a channel for us but margins are high,” she continued, adding that her brand’s seasonless approach doesn’t always gel with the buying rhythm.

“The pandemic will change the industry entirely so we all need to find new strategies,” she concluded, hinting, however, that she might reassess the brand’s approach in the future.


aeyde

CREDIT: Aeydē

To buy: Aeyde Larissa sandal, $275


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Watch: Comedian Vir Das’ Neighbour Threatens To Sneeze On Him For Not Wearing A Mask

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Comedian and Actor Vir Das’ neighbour lashed out at him for standing outside his door, without a mask. The said neighbour, who can be seen talking on the phone, strolling around the vicinity, walked up to Vir Das and asked him to go wear a mask, or he would sneeze on him.

The neighbour can also be seen taking off his mask and pretending to sneeze as he continues to rant at Vir Das for standing on his doorstep, allegedly without a mask. “My parents died in this house, they will haunt you”, the man continued to threaten.

Vir Das then took to his official Twitter handle to share the video of his ‘lockdown neighbour’. Watch the video, below.


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Billie Eilish and Takashi Murakami Collection at Uniqlo

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What do you get when you combine two visionary artists with an affordable, cool retail brand? T-shirt goals, that’s what. Billie Eilish has collaborated with Takashi Murakami on a t-shirt collection for Uniqlo, and yes, it’s just as awesome as it sounds. Whether you’re a fan of Eilish’s music, Murakami’s inventive designs, or their collectively cool personal style, there’s no denying you’re going to want to scoop up this cute collection ASAP.

Eilish’s signature oversize t-shirt is available in six different designs for women, men, and children. This way, you can match with your loved ones if you want to! The styles are insanely cool, and just so happen to be affordable; there’s nothing not to love here. The collection launches Monday, May 25, and they’ll go fast, so just keep reading to shop.


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