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Clippings: Reports of Loehmann's Struggles Have Been Greatly Exaggerated Edition

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Clippings: Reports of Loehmann's Struggles Have Been Greatly Exaggerated Edition

Racked NY

- While many reports yesterday fretted over the state of Loehmann's finances, the company was quick to squash rumors it had missed a debt payment. The company was so convincing, in fact, that the Post (who had originally reported that the company was in serious financial trouble) has printed a retraction. Here's hoping Loehmann's is here to stay. [NY Post]

- Russell Simmons weighed in New York State Senator Eric Adams' "Stop the Sag" billboards in Brooklyn, callng it "a waste of time," and insisted that it was just another "example of adults trying to repress the creativity and individuality of kids." [WWD]

- Malcolm McLaren, the former manager of the Sex Pistols, punk icon, and one-time business partner of Vivienne Westwood, passed away today in Switzerland. [On the Runway/NYT]

- In an interview with Elle, Demi Moore admits that she at one point had "an extreme obsession" with her body, and confirmed that she has had plastic surgery. As she put it, "I have had something done but it's not on my face." [NY Post]

- Those obsessed with Olivia Palermo's near-impeccable style can now follow her daily outfits on Vogue UK. [Vogue UK

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