** Fashion: Christian Louboutin To Open Paris Store. The 100-square-meter Paris store located in Rue du Faubourg Saint-Honoré, will feature a county-fair theme. Mr. Louboutin has also decorated the new space with vintage chairs and a large crayfish sculpture. In addition to shoes, the shop will sell Mr. Louboutin's line of handbags. (Wall Street Journal) - Fashion
** Business: Lil Wayne Launches Champagne Brand. Lil Wayne (whose's real name is Dwayne Carter) has teamed up with French vineyard and wine manufacturers Voirin-Jumel to produce a range of champagne - entitled Halo champagne. There will be four varieties available: Halo Brut, Halo Brut Vintage, Halo Rose and Halo Pinnacle. (Contact Music) - Business
** Fashion/Business: Steve & Barry's Seeks Financial Help. The sportswear company Steve & Barry's LLC is expected to file for Chapter 11 bankruptcy protection. The privately held New York-based company said it is being represented by a bankruptcy frim and is in negotiations with lenders. Published reports said that the chain could liquidate about 100 of its stores bud did not specify which ones. (Detroit Free Press) - Fashion/Business
** Entertainment/Art: Jackie Chan Museum Planned in Shanghai. Construction has begun on a museum for Chan in the Chinese financial capital Shanghai. Earlier this week, Chan attended a ceremony marking the start of work. The museum will display props and costumes from Chan's movies, photos and other memorabilia. Construction is scheduled to finish in October 2009. (The Associated Press) - Entertainment/Art
** Advertising: McDonald's Hatches New Billboard. A Chicago McDonald has unveiled it newest billboard a 21 feet egg. The billboard is adjacent to the McDonald's restaurant at Clark and Addison which is in the shadow of Wrigley Field. It's been ingeniously designed by ad agency Leo Burnett - Chicago, to crack open to promote McDonald's fresh eggs for breakfast. It includes a timer that starts opening around 6 a.m. each day then the egg closes up around 10:30 a.m. The egg-travangza in Wrigleyville also will open for each Chicago Cubs home game through at least mid-August. (Chicago Sun-Times) - Advertising
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** Accessories/Cause: Russell Simmons Launches The Green Initiative Bracelet. The bracelet will be exclusivly sold at selected H.Samuel stores in the UK and from hsamuel.co.uk. The Simmons Jewelry Co. are proud to introduce an exquisite collection of premium quality malachite and raw diamond unisex bracelets in aid of the Diamond Empowerment Fund. The design of the bracelet is symbolic of the African continent with the green malachite a symbol for the care of the planet, natural and human resources. The Green Initiative bracelet is available in two unisex sizes and is priced at £125. There will be a donation of $20 ($US) to the Diamond Empowerment Fund from the sale of each piece.
The Diamond Empowerment Fund(DEF) which was founded in 2007, is a non-profit international organization that was established to work towards the empowerment of Africa. The fund’s mission is to raise money and support education initiatives that develop and empower people in African nations where diamonds are a natural resource. (Press Release) - Accessories/Cause
** Entertainment: DJ AM (real name Adam Goldstein) has sued the New York Daily News for libel and false-light invasion of privacy, alleging that a June 22 article published online and in print about his lack of earning prowess since he and former fiance Nicole Richie split is false. His lawsuit states that his career is not in financial trouble. (E!) - Entertainment
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