Leonardo da Vinci Painting Sells for $450.3 Million

Christie’s sold Leonardo da Vinci’s rediscovered portrait of Jesus Christ as “Salvator Mundi,” or the savior of the world, for $ 450.3 million, making it the most expensive work of art ever sold.
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Amazon Sells $1.6 Million in Whole Foods’ Products in First Month

The e-commerce giant delivered one of the first infusions of cash to the organic grocery chain through its site, providing Whole Foods with the potential for a new mass-market platform and new revenue.
WSJ.com: US Business

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Jackie Kennedy’s Childhood Apartment Sells for $25 Million

The Park Avenue apartment in Manhattan where Jacqueline Kennedy Onassis lived as a child has sold for $ 25.25 million, after several years on the market and multiple price cuts.
WSJ.com: Lifestyle

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What Sells Wine Today: How One Manhattan Retailer is Thriving

Stories of wine retail in peril abound. How does one New York wine store compete, both locally and online?
WSJ.com: Lifestyle

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R2-D2 it is you: Salvaged droid sells for £2m

A complete R2-D2 made from pieces salvaged from the Star Wars films has sold for $ 2.76m (£2.13m).
Entertainment News – Latest Celebrity & Showbiz News | Sky News

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Ariana Grande’s Manchester Benefit Concert Sells Out in Under Six Minutes

Ariana Grande, AMAs, 2016 American Music AwardsAriana Grande’s charity concert, One Love Manchester, sold out in under six minutes Thursday. About 45,000 tickets were snapped up after they went on sale at 10 a.m. local time. Additional…

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Wise SGR Sells Boglioli

MILAN — Storied Italian men’s wear company Boglioli is changing hands.
Private equity fund Wise SGR, which held a 98 percent stake in Boglioli, has accepted an offer made by international fund PHI Industrial Acquisitions to buy the clothing firm. Financial details of the transaction were not revealed.
According to its web site, the Madrid and Barcelona-based PHI Industrial eyes majority stakes in companies with revenues of between 20 million and 250 million euros, or $ 22.2 million and $ 277.8 million at current exchange rates, located in the European area and engaged in “any activity sector other than the financial and real estate sectors.” The fund operates with a long-term commitment, it states.
The arrival of a new owner and fresh capital will allow Boglioli to present a plan for a voluntary arrangement with creditors, “with a view to starting out anew with a solid growth plan, also looking to grow on international markets,” the company said Thursday.
The first such step will be Boglioli’s return to Pitti Uomo with the spring 2018 collection designed by the in-house team. Creative director Davide Marello left the brand after the presentation in Milan of the fall collection. Marello was tapped in 2015 and he was the first to

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Basquiat Painting Sells For Record $110.5 Million At Sotheby’s Auction

A Jean-Michel Basquiat painting just sold for the highest price ever paid at auction for an American artist’s work: a whopping $ 110.5 million.

The 72-by-68-inch acrylic and oil stick “Untitled” painting of a skull by the late graffiti artist was the subject of 10 minutes of intense bidding Thursday night at a Sotheby’s auction in New York City. The opening bid of $ 57 million drew gasps from the audience, Bloomberg reported. Sotheby’s had estimated it would sell for at least $ 60 million.

It was the sixth-highest amount ever paid at auction for any work of art, putting Basquiat in the rarefied company of the celebrated Spanish artist Pablo Picasso. Only 10 works have sold for more than $ 100 million.

The successful bidder, Japanese art collector Yusaku Maezawa, an e-commerce billionaire, announced in an Instagram post showing him standing next to the work that he had “just won this masterpiece.”

“When I first encountered this painting, I was struck with so much excitement and gratitude for my love of art,” he added. “I want to share that experience with as many people as possible.”

Collectors Jerry and Emily Spiegel bought the painting for $ 19,000 in 1984, when Basquiat was virtually unknown and had never been publicly exhibited. Basquiat died of a heroin overdose in 1988 at the age of 27 after painting for seven years. He created the skull in 1982. It’s considered one of his most important works still in private hands.

Maezawa said he plans to loan the work to institutions around the world before making it one of the centerpieces of a museum he has created in his hometown of Chiba, Japan.

The businessman last year bought another 1982 Basquiat painting of a devil at a Christie’s auction for $ 57.3 million, which at the time was the most ever paid for a work by the artist.

The Basquiat was part of a Sotheby’s Contemporary Art Evening Auction of American post-war paintings that also featured works by such artists as Roy Lichtenstein, Andy Warhol and Robert Rauschenberg.

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Swayze’s Dirty Dancing jacket sells for £48,000

A leather jacket that Hollywood actor Patrick Swayze wore in the film Dirty Dancing has sold for $ 62,500 (£48,260).
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Controversial Artist Stages A Fake Shipwreck, Sells ‘Treasures’ For Millions

Artist Damien Hirst always aims to shock.

Having already exhibited a dead shark in a vitrine of formaldehyde, a severed cow’s head on which live maggots feasted, and an 18th-century skull covered in platinum with over 8,000 diamonds, you might wonder just how, exactly, Hirst plans on living up to his own hype.

After a 10-year hiatus from making art, Hirst has made his best bid, in the form of an underwater art show depicting the remains of a fictional shipwreck. The show is called “Treasures From the Wreck of the Unbelievable,” and in typical Hirst fashion, it’s not cheap. According to The New York Times, “Treasures” cost the artist millions of dollars to produce and Parisian collector François Pinault millions to present. (Neither gave exact figures.) In turn, the cheaper works on view will cost potential buyers around $ 500,000 each, with the big-ticket items costing a cool $ 5 million.

The exhibition revolves around a mythical story of a shipwreck that, according to Hirst’s story, was discovered off the coast of eastern Africa in 2008. The wreckage allegedly contained a bounty of treasure once belonging to a freed Turkish slave who rose to riches during his lifetime between the first and second centuries. When his ship, the “Unbelievable,” went down, his trove of sculptural objects were lost for centuries. 

Until recently, that is, when divers salvaged some of the barnacle-encrusted pieces from the debris. To add to the mystique of his self-spun mythology, Hirst actually filmed people recovering the sunken goodies from the sea. The shipwrecked treasures ― now on view in Venice ― include massive, kitsch carvings depicting pharaohs, mythical figures, sea beasts and goddesses ― many of which curiously resemble contemporary pop figures like Rihanna and Pharrell.

For Hirst, who has long been obsessed with mythology, the exhibition is a very elaborate exercise in the importance of imagination.

“Believing, it’s different from religion,” the artist told the Times, reportedly over and over. “It’s what we need to do today. When you’re an artist, everything you do you think is about the world we are living in today. And now with all the liars running our governments, it’s far easier to believe in the past than it is in the future.”

For some, Hirst is the ultimate maximalist, his exorbitant visions transcending both good taste and bad in their sheer enormity. His work aims to literally take the viewer’s breath away, showing that art can be as spectacular as a blockbuster film, without the mediation of a screen.

As The Guardian put it: “It takes a kind of genius to push kitsch to the point where it becomes sublime.”

For others, however, Hirst’s show resembles nothing more than a shock artist’s attempt at a comeback, generated less through ingenuity than through obscene amounts of money. The Telegraph called the show “a spectacular, bloated folly, an enormity that may prove the shipwreck of Hirst’s career,” adding that it was “characterised by lifeless surfaces, lurid emotions, and vile, excessive details, such as a couple of toadstools growing on the base. Ugh.”

When overblown excess and unabashed grandiosity so viscerally conjure associations with the current U.S. president, Hirst’s longstanding eye for opulence feels, at best, tone deaf and, at worst, emetic. Although optimism and imagination are clearly the aims of Hirst’s under-the-sea adventure, the end result feels more like a last-gasp display of extravagance as gaudy as Trump Tower.

Hirst’s work will be on view at the Palazzo Grassi until Dec. 3.

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Marathon Sells Muscular-Dystrophy Drug to PTC After Pricing Scrutiny

Marathon Pharmaceuticals has struck a deal to sell its muscular dystrophy treatment to PTC Therapeutics, two weeks after a group of U.S. senators began scrutinizing the steroidal drug’s pricing.
WSJ.com: US Business

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Sears Sells Craftsman Brand, Will Close 150 Stores

Sears said it would close another 150 stores and sell its Craftsman tool brand for $ 900 million, as the cash-strapped retailer continues to shrink and battle slumping sales.
WSJ.com: US Business

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Amazon’s Echo Sells Out—Except in Stores

On Amazon’s main website, the Echo and smaller Echo Dot devices aren’t in stock until after Christmas. However, because of a quirk in the retailer’s increasingly complex supply chain, the speakers were still on shelves as of Monday at three brick-and-mortar locations.
WSJ.com: WSJD

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Ryan Holiday Sells Stoicism as a Life Hack, Without Apology

Mr. Holiday, who was an aggressive marketer for Dov Charney’s American Apparel, has repackaged a 2,300-year-old philosophy as a self-help strategy for professional athletes, tech entrepreneurs and hip-hop artists.
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NBCUniversal Intl. Formats Sells ‘Spartan: Ultimate Team Challenge’ to Denmark’s Kanal5

NBCUniversal International Formats has sold “Spartan: Ultimate Team Challenge” to Denmark’s Kanal 5 after launching sales at Mipcom. Commissioned by Kanal 5, the Danish adaptation will be produced by Nordisk Denmark and will mark the first international adaptation of the NBC game show. Based on the Spartan Race brand, “Spartan: Ultimate Team Challenge” features elite… Read more »

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Mahler manuscript sells for record £4.5m

The complete manuscript of Gustav Mahler’s Second Symphony has been sold by Sotheby’s for a record £4.5m on Tuesday.
Entertainment News – Latest Celebrity & Showbiz News | Sky News

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Kanye’s New Hit: Yeezy Season 1 Collection Sells Out at Retail

He might agitate editors with his packed-to-the-brim shows that disrupt the fashion week schedule, but consumers and retailers are buying into Kanye West. That was made clear on Thursday with the release of the musician’s Yeezy Season 1 collection, which was unveiled in February during New York Fashion Week and subsequently picked up by over 30 retailers in the U.S.
Tom Kalenderian, executive vice president and general merchandise manager of men’s and Chelsea Passage at Barneys New York, said lines formed outside of the company’s Madison Avenue flagship store on Thursday morning. Customers had to secure a wristband on Wednesday night to shop the collection. It was carried at 16 Barneys’ locations and released on its e-commerce site at 10 a.m. Thursday.
According to Kalenderian, the black 950 Boot, an elevated take on a duck boot that retails for $ 585, sold out first. Barneys will release a new colorway for the 350 Boost sneaker on Nov. 14.
On the apparel front, Kalenderian said Barneys picked up 18 styles from the collection and that the bouclé sweater, which retails for $ 1,690, was a bestseller.
“The Adidas Originals by Kanye West Yeezy Season 1 apparel collection is impressive in the way it has all the right pieces that are

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Kanye’s New Hit: Yeezy Season 1 Collection Sells Out at Retail

He might agitate editors with his packed-to-the-brim shows that disrupt the fashion week schedule, but consumers and retailers are buying into Kanye West. That was made clear on Thursday with the release of the musician’s Yeezy Season 1 collection, which was unveiled in February during New York Fashion Week and subsequently picked up by over 30 retailers in the U.S.
Tom Kalenderian, executive vice president and general merchandise manager of men’s and Chelsea Passage at Barneys New York, said lines formed outside of the company’s Madison Avenue flagship store on Thursday morning. Customers had to secure a wristband on Wednesday night to shop the collection. It was carried at 16 Barneys’ locations and released on its e-commerce site at 10 a.m. Thursday.
According to Kalenderian, the black 950 Boot, an elevated take on a duck boot that retails for $ 585, sold out first. Barneys will release a new colorway for the 350 Boost sneaker on Nov. 14.
On the apparel front, Kalenderian said Barneys picked up 18 styles from the collection and that the bouclé sweater, which retails for $ 1,690, was a bestseller.
“The Adidas Originals by Kanye West Yeezy Season 1 apparel collection is impressive in the way it has all the right pieces that are

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Prism Launches Worldwide Pop-ups Featuring Chloe Sells Art

HOT STUFF: London brand Prism, which has rapidly moved from eyewear into clothing and accessories, plans to beach hop this summer with a series of pop-up shops in resorts ranging from Bali to Mykonos to Venice Beach. The five pop-ups will stock the brand’s swimwear, beachwear, footwear, sunglasses and accessories, and showcase original photographic art by Chloe Sells.
“We really wanted to activate retail spaces in beach destinations that we don’t work with all year-round,” said Anna Laub, the founder and creative director of Prism, who opened her first store last year in London’s Marylebone neighborhood. “We’re taking over the stores’ windows and have tailored our space to suit each shop. We’ve also done an exclusive swimsuit for each store.”
Laub is collaborating with her friend, the artist Chloe Sells, on the windows at each location. They will be covered with handmade vinyl prints showing a variety of tropical images from Sells’ catalogue. As they’re made from vinyl, the prints can stick to the shop windows and let the light shine through for a “prismatic effect,” Laub said.
The pop-ups will start opening Wednesday, and trade for the duration of the summer. Prices range from 150 pounds, or $ 234, for a pair of espadrilles to

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Taipei Food Stand Only Sells Phallic-Shaped Eats (NSFW)

Taipei, Taiwan, is apparently the place to go if you want foods in the shape of penises.

There is a food stall there that only sells foods molded into the shape of male sex organs.

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Artist Richard Prince Sells Instagram Photos That Aren’t His For $90K

Did you know someone could resell your Instagram pictures for $ 90,000?

Richard Prince, an established artist who plays with authorship and appropriation, made waves at the Frieze Art Fair a couple of weeks ago with his Instagram paintings.

Prince took screenshots of gorgeous Instagram pictures uploaded by models, celebrities and artists, and added creepy comments underneath, like, “Enjoyed the ride today. Let’s do it again. Richard.” Then he printed the images on canvas. Last fall, he exhibited them at the Gagosian Gallery, where they sold for $ 90,000 each.

He took photos of Sky Ferreira, Pamela Anderson and porn stars, as well as Doe Deere, the CEO of Lime Crime. Last week, she Instagrammed a picture from the Frieze exhibition.

You’d think the original Instagrammers could sue Prince for copyright infringement. But because Prince edited the photos to include his own comments, the works count as original pieces of art.

Not everybody agrees Prince’s appropriation is artistically valid. Los Angeles-based artist Audrey Wollen, whose reinterpretation of Diego Velázquez’s “The Rokeby Venus” was reprinted, told i-D last fall that she was “really angry” he’d taken her work.

“What Prince is doing is colonising and profiting off a territory of the internet that was created by a community of young girls,” she told the outlet.

A critic at ArtNet laid into Prince after the Gagosian show too, writing that it had “thin offerings for anyone who is in possession of a brain.”

Some artists, though, appreciate the exposure. Stacy Leigh, whose photo series of sex dolls was featured on The Huffington Post last week, commented on Instagram that Prince “knows a good thing when he see’s it” [sic].

Prince had reposted one of her images on his Instagram, which has since been taken down. When another user asked if he printed her image for the exhibition, Leigh replied, “I wish he would!!! I would be honored.”

Missy Suicide, the founder of pinup girl website Suicide Girls, had a photo taken of the site’s main Instagram account, as well as those of her models.

“I’m not holding a grudge,” she told The Huffington Post. In fact, she noted that it seemed natural Prince was drawn to the Suicide Girls, which has 3 million Instagram followers. “Our girls’ portraits are the most compelling on Instagram, so of course he found ours,” she said.

Nor is she critical of his work. “He’s starting a conversation about what we put out there in the public, and it’s definitely an interesting conversation to start having,” she said. Missy’s just surprised people paid $ 90,000 for the images.

To bring his work down to a more affordable price point, Suicide Girls is turning the reproduction tables back on Prince by reproducing and selling their own reproductions of his reproductions. The profits will be donated to charity.

“We’re just happy to make his art accessible to the kinds of people that he’s featuring,” she said. Ironically, the Gagosian press release warns that “All images are subject to copyright.”

The Gagosian Gallery and Richard Prince did not respond to requests for comment.

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Picasso Painting Sells For $179 Million, Breaking Art Auction Record

NEW YORK (AP) — A vibrant, multi-hued painting from Pablo Picasso set a world record for artwork at auction, selling for nearly $ 179.4 million on Monday night.

“Women of Algiers (Version O)” was part of a sale at Christie’s auction house that also featured Alberto Giacometti’s life-size sculpture “Pointing Man,” which was poised to set a record as the most expensive sculpture sold at auction. They were among two dozen masterpieces from the 20th century Christie’s offered in a curated sale titled “Looking Forward to the Past.”

The Picasso price, $ 179,365,000, included the auction house’s premium. The identity of the buyer wasn’t immediately disclosed.

Experts say high art prices are driven by artworks’ investment value and by wealthy new and established collectors seeking out the very best works.

“I don’t really see an end to it, unless interest rates drop sharply, which I don’t see happening in the near future,” Manhattan dealer Richard Feigen said.

Impressionist and modern artworks continue to corner the market because “they are beautiful, accessible and a proven value,” added Sarah Lichtman, professor of design history and curatorial studies at The New School.

“I think we will continue to see the financiers seeking these works out as they would a blue chip company that pays reliable dividends for years to come,” she said.

“Women of Algiers,” once owned by the American collectors Victor and Sally Ganz, was inspired by Picasso’s fascination with the 19th-century French artist Eugene Delacroix. It is part of a 15-work series Picasso created in 1954-55 designated with the letters A through O. It has appeared in several major museum retrospectives of the artist.

The most expensive artwork sold at auction had been Francis Bacon’s “Three Studies of Lucian Freud,” which Christie’s sold for $ 142.4 million in 2013.

“Pointing Man,” depicting a skinny 5-foot-high bronze figure with extended arms, has been in the same private collection for 45 years. Giacometti, who died in 1966, made six casts of the work; four are in museums, and the others are in private hands and a foundation collection.

His “Walking Man I” holds the auction record for a sculpture. It sold for $ 104.3 million in 2010.

Among other highlights at Christie’s was Peter Doig’s “Swamped,” a 1990 painting of a canoe in a moonlit lagoon, which could set a record for the British artist. It was estimated to fetch around $ 20 million. The current record is $ 18 million.

Monet’s “The Houses of Parliament, At Sunset,” a lush painting of rich blues and magenta created in 1900-01, was estimated to bring $ 35 million to $ 45 million. The Monet auction record is his 1919 “Water Lily Pond,” which sold for $ 80.5 million in 2008.

Christie’s also had a Mark Rothko for sale. “No. 36 (Black Stripe),” which had never appeared at auction, was estimated to sell for $ 30 million to $ 50 million. The 1958 work was being sold by the German collector Frieder Burda, who exhibited it in his museum in Baden-Baden for several years.

Last year, Christie’s said its global sales of impressionist and modern art were $ 1.2 billion, an increase of 19 percent over the previous year.

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Sunrise Brands Sells Superdry License to SuperGroup Plc.

Sunrise Brands has sold its North American license for Superdry to Superdry’s parent company, SuperGroup Plc. Terms were not disclosed.
The deal includes the exclusive rights to distribute Superdry products in the U.S., Canada and Mexico. It follows on the heels of SuperGroup’s acquisition of its Scandinavian, Spanish and German licensees over the last 18 months.
Sunrise Brands acquired the Superdry North American license in 2008 and has opened 15 stores around the U.S., including New York, Miami, San Francisco and Los Angeles. A store is also slated for Las Vegas.
Superdry also sells wholesale at Bloomingdale’s, Macy’s and Hudson’s Bay.
“We are proud to have spearheaded the launch of the Superdry brand in North America over these past seven years,” said Gerard Guez, founder and chief executive officer of SDUSA, LLC. “As we hand the reins back to SuperGroup, I remain extremely bullish on Superdry’s future in North America and know it is in good hands. This is an important step in SuperGroup’s long-term vision of bringing the Superdry brand back under one roof, and I couldn’t be happier for the company and its shareholders.”

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#ShareaCondom Campaign Proves (Safe) Sex Sells

2014-10-23-Tinder_datecopy.jpg

Advertisers may have found the secret to millennial marketing: ego boosting, social media, and sex. Coke’s #ShareaCoke campaign and condom manufacturer Poke’s #ShareaCondom campaign have both led to tremendous spikes in product sales and popularity, especially among young consumers.

New research determined millennials top three “wants” in life, which advertisers used to develop an effective marketing method:

Want: Identity as an important, one-of-a-kind individual.
Method: Boost ego with personalization by name or high-status label.

Want: Maximum attention on social media.
Method: Instagram a Like-worthy pic with witty caption.

Want: Sex.
Method: Get sex.

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Coke used this data first in their summer 2014 campaign #ShareaCoke, creating new bottles for sharing with labels specifying a name or a sentimental group, like a “Star” and “Family”. Drinkers were encouraged to share the soft drink in real life and on social media. The bottles and cans were Instagrammed at an unprecedented rate.

“I was at Target with my BFF Bev and I saw a Diet Coke with a ‘BFF’ label,” said 20-year-old University of Florida communications student Christie Boone. “Obvi I bought it, and duh I Instagrammed a pic of us with it. Triple-digit Likes and zero cals; hashtag winning.”

According to Boone, #ShareaCoke also created sexual tension across college campuses as the bottles were “an icebreaker for hot randos to meet, chat, and, you know.”

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Educators, parents, and condom manufacturers have worked to make safe sex appealing to young people for decades with minimal success – until now. Shadowing Coke’s marketing tactic, Poke’s “#ShareaCondom” campaign is enjoying similar success while also preventing unplanned pregnancy and STDs.

“We were inspired to apply the passions and talents of millennials – ego, sex, and social media – and it worked,” said human sexuality researcher Jaime Henderson, Ph.D. “Condom use is at a record high!”

“I’m thrilled about this #ShareaCondom campaign,” said high school sexual education teacher Hailee Koals. “For years we’ve been trying to make safe sex cool. Who knew all we had to do was add a hashtag?”

#ShareaCondom encourages users to share a condom with a broader range of individuals, including a “Cycling Instructor”, “Apple Genius”, and “One Night Stand”.*

“Who you decide to do is your business,” said Poke’s Chief Marketing Officer Mitchell Klump. “We just want the labels to resonate with this generation’s sexual realities.”

Sex, social media, and ego drive many of our actions, whether it’s posting a picture simply for Likes (and attention) or fulfilling a natural desire for love (and possibly attention). These are prominent cultural forces that are here to stay.

“Last night I was at Target, again, and I saw a box of Poke’s with a ‘BF’ label,” Boone said. “Obvi I bought it, and duh I’m going to use them. My boyfriend and I are Facebook official. Hashtag blessed. Hashtag share a condom!”

But while trends that spread virally on social media, such as “My New Haircut” and “Harlem Shake”, ultimately always disappear, sexually transmitted diseases that spread virally are forever. Get in the mix, #ShareaCondom.

Join the conversation using the following hashtags:
#ShareaCondom
#CondoMania2014
#SafetyFirstSTDsNever
#WrapItUpClassItUp

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*Poke’s List Of People To Share A Condom With:
Uber Driver
Tinder Date
Bae
Stuart
Apple Genius
Divorce Attorney
Da Club DJ
Dog Walker
Drug Dealer
Sex Buddy
Ex
Cycling Instructor
Landlord
Casual Sexual Encounter
Bartender
Cross Fit Bro
Neighbor
Flight Attendant
Financial Adviser
Dry Cleaner
Boss
Bodega Dude
Co-Worker
One Night Stand
Doorman

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Visual Design by Peter Jostrand
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Pee-wee Herman’s Bike From ‘Pee-wee’s Big Adventure’ Sells For $36,600 On eBay

Pee-wee’s bike fetched some big bucks on eBay Thursday.

The shiny red and white bicycle used by Pee-wee Herman in “Pee-wee’s Big Adventure” sold for $ 36,600, or more than three times the $ 10,000 reward offered for the return of the bike in the 1985 film.

(It should be noted that Pee-wee had no intention of paying the reward since “whoever returns the bike is obviously the person who stole it — so they don’t deserve any reward.”)

That’s also more than three times the $ 10,000 the seller paid for it back in 2010.

On the other hand, Pee-wee set a much higher price for the bike in the film:

The seller says in the listing that he needs to ditch the bike “because my family is getting larger.”

The only downside is that the bike doesn’t exactly look like it did in the film at the moment. It’s in pieces.

So basically, some assembly required.

(h/t A.V. Club)
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