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Not long after it was announced that Steve Madden acquired footwear company Dolce Vita, it has been revealed that another shoe brand might be up for sale.

 

According to Reuters, Sycamore Partners has hired bankers to sell Stuart Weitzman, which it acquired in its $2.2 billion buyout of Jones Group Inc. earlier this year.

 

Sources that spoke to Reuters said that Stuart Weitzman could fetch about $800 million, but as WWD pointed out, that number could be much different if Weitzman, who is in his early 70s, decides to stay on with the company through the sale. If he doesn't stay on, it is expected that the brand's valuation could drop to below $500 million.

 

This wouldn't be the first time ownership of Stuart Weitzman has changed hands. The footwear brand was sold to a European firm in the 1970s, and was later bought back by Weitzman before he resold the company to Jones Apparel Group (later renamed The Jones Group Inc.) in 2010 for $180 million.

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Goldman Sachs is rumored to be leading the current sale with an assist from Citi. In addition to e-commerce sites in a number of markets, Stuart Weitzman also has 44 stores in the U.S., 61 international locations and 10 international shops-in-shops.

 

Earlier this summer, it was announced that Stuart Weitzman had tapped Gisele Bündchen to be the face of its fall 2014 advertising campaign. The advertising campaign, which was shot in New York by Mario Testino, depicts what the Stuart Weitzman brand believes it means to be sexy - being confident and comfortable in your own skin.

 

"With her lithe physique, bronzed skin and tousled golden locks, Gisele personifies the confidence, empowerment, beauty and ease women feel the moment they slip into their Stuart Weitzman shoes," a press release said.

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Fashion FYI: FashionAfricana show set at Shadyside's Center for the Arts

The first FashionAfricana kids show will be held on Aug. 16 at Pittsburgh Center for the Arts, Shadyside. A VIP reception will be at 5:30 p.m., a fashion show at 7 p.m.

Tickets are $25, $12.50 for students up to age 17 and $45 for VIP. There will be 70 youngsters — and some of their mothers — modeling African-inspired creations by local designers Kiya Tomlin, Kelly Lane, Adey Sol, FashionAfricana and Threeafrica, a nonprofit fair-trade organization that provides work in Malawi, Africa. Women from Malawi created dresses featured in the show.

Trunk show

Glitter & Grit, a bridal boutique in Lawrenceville, will have a Deborah Lindquist trunk show from Aug. 15 to 17 by appointment. Lindquist's eco-conscious bridal collection line is created from a blend of vintage textiles and organic or sustainable fabrics.

Fashion Reboot

The National Council of Jewish Women, Pittsburgh Section, will have a Fall Fashion Reboot pop-up sale from 11 a.m.-6 p.m. Aug. 15 and 9 a.m.-4 p.m. Aug. 16 at its Home Consignment store at 1913 Monongahela Ave., Swissvale. Choose from gently worn styles for teens and adults from designers such as 7 for All Mankind, Ann Taylor, Banana Republic and Lucky Brand.

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Pittsburgh Fashion Week happenings

The schedule for the fifth annual Pittsburgh Fashion Week, running Sept. 22-28, has been announced, as well as a model casting.

“The O.N.E.” Opening Night Extravaganza will be at Highmark Stadium, South Side, for a second year with a designer's showcase. Additional designer's showcases will be held on Sept. 23, 25 and 26 at the stadium.

On Sept. 24, Macy's, Downtown, will host a fashion show and networking event. Student designers from the Art Institute of Pittsburgh will present fashions in back-to-back runway shows on Sept. 27 at the Downtown school.

The week will wrap up on Sept. 28 with the Pittsburgh Fashion Hall of Fame luncheon at the Omni William Penn Hotel, Downtown. Tickets range from $25-$70.

The model casting is for men and women age 16 and older and plus-size models from 11 a.m.-3 p.m. Aug. 16 at the Art Institute of Pittsburgh, Downtown.

Find your perfect slit skirt

Put your best leg forward in a sexy stem-baring pencil skirt. InStyle magazine offers advice on how low — or high — can you go, according to the look you're after.

Demure: Prefer to reveal just a hint of skin? Pick a midi style with a center slit that's sliced no more than 4 inches from the hem. Wear with a structured shell now, and a chunky knit sweater, come fall.

Seductive: You're going for a look that's cheeky but not too obvious. Choose one with a zipper, and pair it with a button-front blouse. You're in control of how much to reveal — on the top and bottom.

Racy: Create your own Angelina-at-the-Oscars moment in a hip-hugging style with a sharp diagonal slit, hitting anywhere from mid-thigh to upper thigh. This is for play, not work — so consider this on date night only, ladies.

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Action packed! Carmen Electra almost busts out of her cleavage-baring strapless dress at Expendables 3 premiere in LA

Whether she's dressed up or down, one thing's for sure, Carmen Electra certainly knows how to steal the spotlight.

The 42-year-old pin-up was as camera-ready as ever as she arrived at the Los Angeles premiere of The Expendables 3 at the TCL Chinese Theatre on Monday.

Wearing a jean Moschino strapless dress that highlighted her blue eyes, Carmen was in her element as she posed for pictures before heading inside.

With her hair long and straight, the beauty, who played Lani McKenzie in Baywatch in the late nineties, wore her hair long and straight and kept her makeup to a minimum.

She completed the look with gold bracelets and a pair of black stilettos.

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At the end of July, she was spotted leaving a nail salon in Hollywood looking like the ultimate rock chick.

She wore distressed skinny jeans, black t-shirt and peep-toe studded stiletto heels.

With her signature 'messy' locks and the obligatory pair of shades, Carmen had her look nailed.

In addition to her modelling, Carmen has added to her CV with stints as a judge on Britain's Got Talent and host of MTV's Singled Out.

She was originally a singer and dancer, however, touring with that other pint-sized pop star, Prince, after he discovered her at just 18.

Carmen's notched up a couple of high-profile ex-husbands since then – flamboyant former basketball player Dennis Rodman and Red Hot Chili Peppers star Dave Navarro.

There's no danger that middle-age will cause Carmen to do anything differently however, having recently revealed that, 'Hitting my 40s has made me feel sexier than ever'.

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