'Crimes Of Fashion' Blogger Revelas Hidden Talent
Who Won The Sports Illustrated Swimsuit Cover?
LVMH Invests In Bono's Clothing Line
Filed under: Apparel, Celebrity Design
The Wall Street Journal's sources say that Bono and his wife Ali Hewson may be close to inking a deal to sell a large stake of the Edun fashion line to LVMH. Per the perms of the deal Louis Vuitton Moet Hennessy could soon own nearly 50 percent of the eco-conscious fashion line. Edun sells organic cotton fashion manufactured in countries including Peru, Kenya and Uganda.
Edun is a for-profit business that was founded in 2005 on the premise of trade versus aid as a means of building sustainable communities. An equity investment by LVMH would allow Edun to expand its reach by having the substantial marketing and production power of the world's largest luxury-goods firm at its disposal. The investment would be a bit of a shift for LVMH but definitely shows that luxury's growing move toward the sustainable is more than just a flash in the pan.
16 Grammys Looks That Weren't Working
Whitney Houston Dead: Singer Dies at 48, Body Found in Beverly Hilton Hotel
How Hattie Lost 300 Pounds: 'I Was Ready To Do Whatever It Took To Survive'
Whitney Houston Autopsy: Cause of Death Determined?
Whitney Houston, Bobbi Kristina: Late Singer's Daughter Hospitalized
QUIZ: How Much Do You Know About Marriage In The U.S.?
Whitney Houston Dead: Stars React to Legend's Sudden Death
Grammy Red Carpet 2012 (PHOTOS)
Matt Bomer Comes Out As Gay
Jennifer Hudson Whitney Tribute: Grammy President Reveals Why Singer Was Chosen for Musical Memorial
Grammy 2012 Winners' List: Adele Sweeps Music's Biggest Night
12 Grammys Stars Who Gave Good Style
People With Easy-To-Pronounce Names More Likely To Succeed, Study Says
5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and Meditation
SLIDESHOW: Scientists On God
Katy Perry Grammy Performance 2012: Did the Diva Diss Her Ex-Hubby With Revealing New Song?
The Top 10 Slacker Colleges
Mystery Disease Kills Thousands
JUNGLE SURVIVAL: Marines Drink Snake Blood, Eat Insects
Mena Suvari's Beauty Evolution
PHOTOS: Thank God For Grown-Up Glamour
15 Funny Valentine's Day Cards
Taylor Swift Does Great Depression Chic
PHOTO: Kate Upton Scores 'Sports Illustrated' Swimsuit Issue Cover!
Greek Protests Continue As Lawmakers Debate Severe Austerity Measures
Some AT&T Users' Download Speeds Could Slow By 99 Percent
WATCH: Olympic Swimmer Proposes On Medal Stand
Littler Mix
WATCH: Reporters Weigh In On Houston's Final Days
WATCH: Jackie Chan's New $30M Private Plane
Grammy Awards 2012: The Best & Worst Of The Red Carpet!
PHOTOS: Beautiful Scars