Haute 100 NY Updates: Is Tom Ford is Headed Back to Gucci?

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The fashion rumor mill is brimming with talk over the potential that Tom Ford, who is credited with breathing new life into the Gucci brand before leaving in 2004 to start his own brand, might return to the label that made him a fashion superstar. Now that designer Frida Giannini has left the brand, Tom Ford is on a short list of designers that the brand is interested in having take creative control, Page 6 reports. Though Ford’s reps have denied he would be interested, his own brand is now worth $1 billion, it could be a saving grace for Gucci to have such a high profile creative director at the helm. Others on the short list include beloved designers Ricardo Tisci of Givenchy, Hedi Slimane of Saint Laurent ParisChristopher Shannon and Joseph Altuzarra. Is there really a chance that Tom Ford is headed back to Gucci?

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One characteristic that Yankees owner Hal Steinbrenner doesn’t share with his father, the late George Steinbrenner, is frugality ; he has his limits when it comes to the Yankees’ astronomical payroll. The Yankees payroll, which has often been the highest in baseball (save for a few years in the ‘90s), currently stands at $209 million; they are second in the league behind the Dodgers who pay out $264 million.

Perhaps more surprising is the fact that Steinbrenner expressed reluctance about signing another gigantic contract: “There’s a certain amount I’m going to go,” he said. “You know my opinions about payroll. Where you should be and where you don’t need to be to win championships. You don’t need to a $200 million payroll to win.”

Steinbrenner simply wanted a younger and better defensive Yankees. After two consecutive playoff-less seasons, New Yorkers are truly hoping that his mentality will be good for the team.

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Liberal billionaire George Soros donated $33 million to already-established groups that aided the on-the-ground activists in Ferguson. The money that he provided is said to have fueled the machine that turned the events in Ferguson to a 24-hour a day protest and news cycle. Kenneth Zimmerman, director of Zoros’ Open Society Foundations, said, “Our DNA includes a belief that having people participate in government is indispensable to living in a more just, inclusive society.”

NY Haute 100 updates consist of news about members of our New York Haute 100 List; a list of New York City’s most powerful players.