Behind the Messy, Expensive Split Between Facebook and WhatsApp’s Founders

After a long dispute over how to produce more revenue with ads and data, the messaging app’s creators are walking away leaving about $ 1.3 billion on the table.​
WSJ.com: WSJD

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This $3.8 Million Vehicle Is The World’s Most Expensive SUV

If you can get one, there’s a good chance you’re Batman.
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Another Harry Potter Landmark: At $68 Million, the Most Expensive Broadway Nonmusical Play Ever

In a sign of high expectations for “Harry Potter and the Cursed Child,” the producers and theater owners spent lavishly, even paying Cirque du Soleil to clear out of the space.
NYT > Arts

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Orbitz Worldwide Inc

Why Beer Could Get More Expensive Under Trump’s Tariff

Drinkers of canned beer could face sobering price increases if President Donald Trump imposes his planned 10% tariff on aluminum.
WSJ.com: US Business

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Who Wants to Buy the Most Expensive House in America?

One man is building a house so enormous, and so absurdly lavish, that it may be the ultimate symbol of our age of thirst, excess and inequality. Asking price? $ 500 million.
NYT > Fashion & Style

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Taxpayer-funded drugs ‘too expensive for patients’

Campaigners say UK taxpayers “effectively pay twice” for medicines, increasing NHS budget pressures.
BBC News – Health
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These Are the World’s 10 Most Expensive Cities to Live in

Surprisingly, New York didn’t make the cut.

Lifestyle – Esquire

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Samsung's new Galaxy S8 is more expensive than Apple's iPhone 7

Samsung's new Galaxy S8 is more expensive than Apple's iPhone 7Samsung’s Galaxy S8 looks like the phone of the year, but it’ll cost a bit more than the iPhone. Samsung’s Galaxy S8 and S8 Plus are finally here, and they’re just what the company needs after last year’s Note7 fiasco. The Verizon version of the Galaxy S8 and S8 Plus will retail for $ 720 and $ 840, respectively.



Yahoo Tech

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2 Chainz Just Sold the World’s Most Expensive Ugly Christmas Sweater — for $90,000


PEOPLE.com

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5 Key Differences Between Cheap Jeans and Expensive Jeans

When it comes to jeans people fall into two camps: Those who are perfectly willing to plunk down the big bucks for a pair versus those who would rather go the inexpensive route. This makes perfect sense, because, yes, on a purely surface level you can’t really them apart. But according to Refinery 29, “jeans are also more complicated than they appear.” The site chatted with several jean designers from AG, Big Star Denim, Level 99 Jeans, Nudie Jeans, and other brands and got them to share key indicators between a pair of jeans that costs $ 200 and ones that costs $ 20.

flares-jeans-flares-BFA

Through out their series of interviews, they found that type of cotton, place of manufacturing, treatments of denim, quality of construction, and environmental safeguards are all cost-influencing facts that come into play when creating a quality pair of jeans. Things you may not always see, but have a serious effect on the world Head over to their site for an eye-opening infographic on how cheap jeans are really made.



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The Six-Figure Club: 6 of the Most Expensive Handbags Ever Sold at Auction Were Hermes Birkins

Prepare to rethink what splurging on accessories can really mean. The most expensive bag to sell at auction hit the chopping block at Christie’s last week, going for $ 221,844 at an auction in Hong Kong. It was a pink crocodile Hermès Birkin studded with diamonds—and it was sold to an unnamed bidder over the phone.


The idea of a handbag bringing in big money is nothing new. Before last week’s sale, here were the top sells—believe it or not six of the seven most expensive handbags ever sold at auction were Birkins.

Not a Birkin for $ 218,500 in 2011: A diamond and gold style previously owned by Elizabeth Taylor takes the honor as the only non Birkin to make the list. The details reported by WSJ are scant, but a flick through the 2011 auction catalog that previewed her jewelry (the section where the high-rolling bag was included) show both a golden clutch and a Fred Leighton elephant bag that was gifted to Taylor from Michael Jackson as a birthday present.

Birkin for $ 203,150 in 2015: Before Monday’s record-setting sale, this was the most expensive Birkin to sell at auction.

Birkin for $ 185,000 in 2014: Last fall the below Birkin, made of Himalayan Nilo Crocodile and including a total of 9.84 carats of diamonds, sold in Beverly Hills.

hermes-birkin-python-gold-diamond-bag

Birkin for $ 113,525 in 2011: A blue croc Birkin went at the same Dallas auction the the previous record-setter did.

Birkin for $ 95,000 in 2011: Also in Dallas: a red croc Birkin.

Birkin for $ 80,663 in 2011: A third Hermès Birkin made bank at the same Dallas sale.

In case you’re curious, the world’s most expensive handbag is thought to be Mouawad’s “1001 Nights” purse. The 18-carat-gold bag has 4,517 yellow, pink, and colorless diamonds, combining for an impressive 381.92 carats, and has been estimated at $ 3.8 million.

Now, come meet another (non-Birkin) bag that’s super luxe and super covetable:





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Men’s Tailoring: Your Expensive But Outdated Suits And Coats Resurrected


Let’s talk men’s tailoring, shall we?

Don’t dismiss those hand picked pieces of couture-quality clothing jewels in your closet just yet! Are your high-end, trophy clothes of seasons past completely irrelevant in today’s male fashion market? Women have complained for years about seasonal clothes becoming un-wearable. Hemlines go up three inches while pant legs go from flared to pegged in the span of one runway show.

Historically, men’s clothes never really changed that rapidly in regard to fit. Noticing my “over there” closet section was getting bigger, I knew something had to be done. Those one-of-a-kind Giorgio Armani rare linen jean slacks with the wide legs screamed money, money, money. Or at least finger-on-the-pulse at one time in fashion history. And the snappy blue blazer that once seem “tailored” at crotch-length now felt four inches too long, never to be worn again.

Bespoke-SuitsWhat about that purple label Prince of Wales check shirt with rare plum hue? It also was considered “fitted” half a decade ago. Now? It has two inches of fabric on both sides of my ribcage and rests inches above my knees. Each year thereafter, a fitted shirt design may not only fit great, designers continue to size down in inches at every possible point on the body–every year. The length hovers below the waistline and has little to no extra fabric at the lower back. The sleeve length is shorter and more tapered to the arms. The side tapers are more hourglass and hug the body. I thought boys turned into men. It appears our clothes are we’re headed for the reverse!

Don’t get me wrong — I’m not complaining at all. In fact, I love the updated, compact clothing craze. Although I haven’t polled much taller, broader men, I’ve noticed the XL sizes on the rack are still rather small (short and fitted). Because I’ve accidentally picked them up, thinking they could fit. Now you can wear many of today’s “regular cut” shirts and jackets without looking like you’re wearing your older brother’s clothes, having much less excess fabric to contend with. But you’re probably not trying to hide it like Houdini; the fabric.

men's tailoringWhat I like about new fashion (or sizing) is that I no longer have to tuck what seems like a roll of paper towels into my underwear to keep my shirt from ballooning. Nor do I have to exercise origami with do-it-yourself darts on the lower back of my shirts. I can now wear my (new petite) shirt out and still look “not disrespectful”.

The real question is, what do we do with those $ 2,000 overcoats that look like refrigerator covers? Well, even if you acquired it at a Barney’s clearance sale, chances are you still want to wear it. Or what about that jacket that fits amazing in the arms, armpits and chest–but it’s just seven inches too long and three inches too wide (on both sides)? Alter it! Men’s coats and jackets are quite fitted now. More hourglass shaped and much shorter, often above the knee.

Not all pieces are worth reconstructing (tailors really vary in pricing), but a good tailor will help you through this if they have an eye for fashion. Or fit. Or rare fabrics. If you’re like me, this may have been on the backburner for some time. I also counted nearly 40 really nice shirts in my closet’s Siberia that could all use darts, they were so big. Or is it the “skinny” cut khakis that aren’t allowing the extra handfuls of fabric? Both, really.

I’ve used tailors for many articles of clothing. But if you’re like me, you don’t just take your high-end pieces anywhere. So I’m walking up Fifth Avenue in New York City when I look up to see a very tasteful tailoring boutique in a beautiful building. Big windows. Private. This is when I love an iPhone. “Wilfred’s Tailors“. Snapped a picture of the signage. Google’d them and found lots of “best of” accolades including from several national men’s fashion magazines.

Months go by. After all, it’s spring and I have to haul all these misfit clothes. So when I arrive after Labor Day, not only was I welcomed, Wilfred and his staff were excited about the challenge. Here was the task: A camel color opera coat with red satin lining–a real “mogul coat” as my friends like to say. It was a cherished gift from an Austrian royal, handmade by Turnbull & Asser in England. Also in dire need was an Armani Collezione silk summer suit. Beautiful? Yes. But shabby chic in Miami Beach, circa 2006, meant you were not only swimming in pools, but also surfing in your suits. I was a little embarrassed. But how many true “summer suits” do most of us have? Exactly.

men's-tailoring-bespoke-suitsThis many cuts in a garment is more like a transformative surgery. My thought bubble: The tailor’s staff must be having an eye-roll, belly-laughing hey-day! Instead, they were very courteous. Upon meeting Wilfred, I knew immediately I was in good hands. Check that–great hands. He’s kind, respectful and confident in his craft and abilities. When he pulled up the shoulders of my Armani jacket four inches like a doorman behind the velvet rope, I knew he knew what to do. “See how well this is already fitting?” says Wilfred with a smile. I’m thinking, “How did I ever wear this suit?” A Valentino version of Edward Scissorhands came to mind. For starters, my summer suit was too wide and too long with a droopy crotch. The lapels, the shoulder padding and the pleats in the pants–all of it, was just so wrong. By 2015 runway standards, this was a stodgy nightmare. And it really aged me, to boot.

Now, the mogul coat: A total redesign! We went from a huge, floor-length, tied-at-the-waist overcoat (that looked more like a DVF wrap-blanket) to a centered, three-button, cinched at the waist masterpiece. The lapels were minimalized, while the new sewn-in belt gave substance and shape to the back and sides. The length was shortened from below the ankles to just below the knee, making it more practical and comfortable–less of an occasional, formal coat and more of a sophisticated, every day executive image. Honestly, he must have removed more than a square yard-and-a-half of fabric. Finally, my museum piece morphed into an elegant coat I could actually use–frequently.

Was I happy? Yes. Elated! In short, certain pieces require a couple fittings and you must have patience if you want to salvage your expensive clothing. In this case, $ 7,000 worth of patience — as my budget didn’t include clothes shopping. Ultimately, I was walking tall in garments that were resurrected beautifully. They fit my body perfectly, looked current and appeared even more expensive. So, next time you’re editing your wardrobe be thoughtful when deciding what goes in the trash, what gets donated and what gets recycled. There may be more life left in your well-made clothing items from seasons (or decades) past. Thank you, Wilfred’s Tailors.

Now, if “custom tailoring,” “made-to-measure” or “bespoke” send you in the opposite direction, I urge you to think again. With personalized, made-to-order clothing becoming more commonplace, the pricing has subsequently become much more affordable. Perhaps you’ll have to shop it out a bit or take advantage of introductory pricing with an emerging designer or brand, but the truth is, sometimes buying off the rack is more expensive — often, much more. And the fit will likely require tailoring of the sides, cuffs and length. Yes, having your forms, patterns and sizing already pre-formatted means you can adjust your wardrobe (and add to it) at a moment’s notice while keeping up with seasonal shapes and colors. Collaborating on the same floor as Wilfred’s Tailor is Kamaal Kadri. Aside from being a gifted clothing designer, he’s globally fluent in men’s fashion. A brief conversation with Kamaal and you’ll realize he could quote every tidbit of shape, length or seasonal “it” color from every menswear collection dating to the last century. Beginning his career in his father’s bespoke menswear shop in Bombay, India, Kamaal’s passion for custom clothing runs in his veins and family heritage. After graduating from the prestigious Fashion Institute of Technology (FIT) in Manhattan and stints with Kenneth Cole and Michael Kors, Kamaal revels in shaping signature styles — your bespoke style.

Initially, my mind was closed to the idea (the cost) of opting in to bespoke shirts, shoes, jackets and suits. While many are still coming out of the financial crisis of the past decade, I too spend nowhere near what I used to on signature garments. But even today a good suit on clearance can cost $ 400 to $ 1,000 or more. I know, because I perpetually keep an eye out. Then Kamaal explained the pricing and I was pleasantly surprised. With custom shirts using top-shelf cottons starting at $ 135 and entry-level suits from $ 850-$ 1,250, I felt I was at or below the upscale department store price range, considering the time and costs further alterations and the running around from store to store or online retailer entails. Plus, once you see what a bespoke designer can do for you and your image, you’ll suddenly understand the value of clothes that fit great and stand out — even if you wear less outfits. This is where your shoes, belts, ties and cufflinks help the several looks pop. Suit jackets can morph with jeans when you remove a tie and go hipster with shoes.

Details such as sewn-in pocket squares (which can also tuck away), collar linings, notched lapels (special button holes), special linings and colored contrast holes on sleeves are the options that make your fitted clothing say made-to-order. Or go hi-tech with an additional media pocket that fits your mobile device. What I can say about fitted clothes is you simply feel good, can move freely and just evoke an inner confidence. I wore three custom shirts for two years before I said “enough of this…” So maybe your entire wardrobe won’t be fitted to your body, but having your form measurements on file gives you that extra edge. If price is a concern, convey your wishes and talk to your bespoke tailor about the big picture of your wardrobe. They’ll probably work with you on packaging pieces and price schedules if you’re mapping out your custom collection. Even if it’s a few custom garments at a time. Mark my words, the day will come when you will see your tailor and say “make me a suit.” And that’ll be a very good day indeed.

Read more about managing your retirement and personalized lifestyle stories at; http://nowitcounts.com The Destination For Americans 50+.

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A Couture Designer on How to Find a Cheap Party Dress That Looks Way More Expensive

For ladies with champagne taste and a beer budget, I’m here to help with tips to find an inexpensive party dress that looks way pricier (for New Year’s Eve, perhaps?). There’s a wide range of quality in the “cheap” category: Some items look flimsy and shoddy when they’re brand-spanking-new, while others could fool a diehard fashionista into thinking it’s fresh off the designer floor. Scoring items that fall into the latter category is easier than you think, so long as you know certain factors and things to look for. For expert help, I called in designer Zuhair Murad, he of the fabulous dresses seen on Alessandra Ambrosio, Rita Ora, and Jennifer Lopez, plus a couture collection that regularly leaves me speechless.

zuhair-murad-sequin-long-sleeve-mini-dress

When you’re shopping, don’t just take in how the dress looks—peek under the hood. “The inside of the garment tells half the story, if not more,” he told me. “Look for reinforced stitching, the quality of the zipper, and a clean hemline as they are important signs of the piece’s quality and fabrication.” If something looks like it could break at any minute, well, that’s not a good sign.

Skip sequins and satiny fabrics too, as both are hard to make look expensive without putting money into them. Crepe, on the other hand, is a do since it drapes beautifully, feels delicate, and can be done well for a non-astronomical price point.

“When working with pieces that are a lower price point, less is more when it comes to the overall look,” he offered as a general way to approach your shopping mission. “I would avoid embellishments [since they] can wear over time, and a beaded dress can begin to look dull and old when some of that beautiful beading falls off. If I had to choose between a solid and a print, I would avoid prints—they can really look cheap if not done in good taste. And there is no doubt that some colors look more expensive than others, like black!”

Any tricks you’ve found to make cheapie purchases look way more luxe? Do you already know what you’re wearing for New Year’s Eve?





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