In Brief: Meet Mike Friton, Pinterest Raises $200 Million, IMG for Sale, Adieu ALT

• Nike veteran Mike Friton gets his close-up in “The Innovator” (above), a video portrait by Portland-based Cineastas.

• Elsewhere in visually astute videos, Scott “The Sartorialist” Schumann paused in his prowling the streets for stylish sportcoats to interview Magnum photographer Steve McCurry. Click here to watch part one of the five-part chat.

• Pinterest has raised a new $200 million round of funding. The cash infusion brings the virtual scrapbooking company’s valuation up to $2.5 billion.

• Look for Mercedes-Benz Fashion Week parent company IMG to change hands. Private equity firm Forstmann Little & Co. is planning to sell the sports and modeling talent agency.

Adieu, Mondays with André. Vogue‘s very own caped crusader, André Leon Talley, is leaving the magazine.
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Alessandra Facchinetti Named Creative Director of Tod’s

Good news for those who are still stalking eBay in search of the amazing yet underappreciated work Alessandra Facchinetti did during her brief stint at Valentino: she’s been appointed creative director of Tod’s women’s collections. Facchinetti will begin her new role in March. “Her passion for detail and her dedication to the research of materials and manufacturing make her perfect for our brand,” said Tod’s Group president Diego Della Valle in a statement issued today.

The appointment comes about a year after Derek Lam announced his departure from Tod’s, where he served as creative director since 2006. Before taking the creative helm for ready-to-wear and couture at Valentino, Facchinetti spent seven years at Miu Miu, served as design director and then creative director at Gucci, and later worked on Moncler’s Gamme Rouge line. In 2011, she launched Uniqueness, a collaboration with Italian label Pinko.

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Seven Questions for s[edition] Co-Founder Robert Norton


Tracey Emin‘s “I Promise To Love You” neonworks now playing on screens throughout Times Square a project for which s[edition] served as curatorial partner. (Photo: Ka-Man Tse)

Would art lovers pay up to download a Damien Hirst? So pondered the art and tech worlds in November 2011, when London-based s[edition] opened its digital doors on the eve of Art Basel Miami Beach–having convinced artists such as Hirst, Tracey Emin, Bill Viola, and Shepard Fairey to create original works for a new breed of online gallery. The answer is, apparently, yes.

Founders Harry Blain and Robert Norton have seen the iDevice-wielding masses embrace the concept of collecting art in a digital format and are making inroads into museum collections, placing pieces with the Tel Aviv Museum of Art and Norway’s Stavanger Art Museum, and creating digital editions in partnership with the Serpentine Gallery and the ICA London. The company is also to thank for the love-themed works by Emin that are now lighting up Times Square on a nightly basis. While in NYC to feel the love, Norton made time to answer our seven questions about how s[edition] works, a new initiative to seek out fresh talents, advice for fellow entrepreneurs, and the artwork he would most like to have on his wall–or screen.

1. How do you describe s[edition] to someone who is unfamiliar with it?
s[edition] works with world leading artists who wish to see their work collected in a digital medium. The online platform offers contemporary art enthusiasts the opportunity to buy original art, at affordable prices. The art is sold as digital limited editions to be viewed on TVs, iPads, iPhones, and digital screens. s[edition] members can browse and acquire works to start their own collection, follow artists, and send limited editions as gifts to friends.

2. s[edition] has been in business for just over a year. How would you characterize the reaction from collectors?
The feedback from our collectors has been fantastic. The prices are very affordable which means we have opened up an entirely new market for collecting digital art. We have an active audience of 400,000 digital art enthusiasts, collectors, and fans.

3. Can collectors resell works they have purchased on s[edition]?
Collectors can resell their editions through an open marketplace after edition runs have sold out. We have found that some collectors will never want to sell their edition while others trade continually.

4. Do you plan to expand the star-studded s[edition] roster to include emerging artists?
This year, we have plans to launch the s[edition] Open Platform, a separate section on the website, where emerging and established artists will be able to submit their art for consideration and be selected by world renowned artists and curators to sell their works online. By opening our platform, we provide these artists with a gateway to a global audience of art enthusiasts. It also enables us to search out new talent. Artists who are interested should email us at info@seditionart.com
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Watch This: Remembering Bill Moggridge

Friends, colleagues, family members, and fans of Bill Moggridge gathered recently in New York City to remember and celebrate the life of the pioneering yet playful designer, teacher, and Cooper-Hewitt director, who died last fall at the age of 69. After a moving introduction by acting director Caroline Baumann (the museum committee tasked with selecting a worthy successor to Moggridge need not look further than his longtime deputy), Smithsonian secretary Wayne Clough took to the podium, describing the man of the evening as “a perpetual pin to deflate our pomposity” and marveling at Moggridge’s take on dressing up: “He could pull off wearing a t-shirt, and I never could.”

A charming video tribute created by one of Moggridge’s two sons was followed by a discussion with Bill Buxton, David Kelley, Bruce Nussbaum, Ellen Lupton, and moderator Helen Walters. “He really knew what the future was going to bring,” said Kelley, who joined up with Moggridge and Mike Nuttall in 1991 to form IDEO and credited Moggridge with instilling an enduring openness in the global design consultancy. “He was just this kind of teacher person,” added Kelley. “I never had an interaction with him where I didn’t feel better afterwards.” Enjoy more Moggridge memories in the below video of the event.

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Quote of Note | Deyan Sudjic

Ettore Sottsass’s Valentine typewriter, designed in 1969, was made in tens of thousands at the Olivetti factory in Barcelona. What makes it fascinating is that it was the first time a company that specialized in making office equipment tried to turn the kind of machine that signalled work into something that looked playful. Or, as Sottsass put it, the kind of thing that might keep poets company on lonely Sundays in the country.

Sottsass made the Valentine bright red and used moulded plastic for the shell. The two ribbon spools were bright orange. According to Perry King, Sottsass’s British assistant on the project, the spools were meant to suggest the flashing of a pair of nipples. Less sexist, the carrying case was designed to be as stylish as the machine itself and could, at a push, be turned into a makeshift stool. But the marketing department at Olivetti vetoed Sottsass’s other idea: that it should only have upper case letters so as to simplify the mechanism and lower the price. The company saw itself as radical but not that radical.”

Deyan Sudjic, director of London’s Design Museum, in the Financial Times

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Quote of Note | Tyler Brûlé

“I wouldn’t be caught dead wearing the color purple. That’s the cardinal rule….Purple is a color compromise. You could do a presentation to a group of executives for a new brand, and you could go the very forceful hot, glossy red route and then you could maybe show them the more matte, conservative deep navy route. Weak agencies or a weak chairman will then just end up with a mélange of the two, and you get purple, a color of compromise.”

Monocle editor-in-chief and Financial Times columnist Tyler Brûlé in an interview with The New York Times Magazine

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Quote of Note | Andrée Putman

“Having to do a hotel where I was given an almost incomprehensible [very tight] budget, so ridiculous, led me to black and white. I had to use the lowest priced tile in the United States. At first they brought me little pink tiles for the bathrooms. My voice trembling with despair, I asked if they came in white…They said yes! Suddenly I realized, that’s going to be horribly dull!…And in black? Yes…A-ha! We’ll do the bathrooms in black and white. A sort of potluck, with a nice metal washbasin and a few good lights…Suddenly, we had a really nice bathroom. The black and white label comes from there.”

-Interior designer Andrée Putman, who died Saturday in Paris at the age of 87

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Friday Photo: Studio 54 Memories for Sale

In 1977, all of the special people spent Halloween night at Studio 54 to celebrate Liza Minnelli‘s buzzy Broadway turn in The Act. Oscar Abolafia snapped this photo of a group of post-show revelers that included Andy Warhol (clutching a Playbill), Diana Vreeland, and Steve Rubell. The following year, Vreeland, then in the Costume Institute phase of her legendary career, joined Rubell to celebrate his 35th birthday and followed up with a thank you note that rather mysteriously enthused about his “adorable children.” The note and photo are among the Studio 54 memorabilia that will be auctioned tomorrow by Palm Beach Modern Auctions. In addition to photos from Rubell’s personal collection (including some Warhol Polaroids and the artist’s bronze dollar sign sculpture, estimated to fetch $30,000 to $50,000), there are V.I.P. drink tickets, party invitations, and a guestbook from the famed nightclub. The auction house has also studded the sale with some glam design pieces by the likes of Paul Evans, Vladimir Kagan, and Milo Baughman, whose sleek 1970s sectional comes with a revolving cocktail table: drink up and boogie down.

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Ten Things You Didn’t Know About Betsey Johnson

Fashion force Fern Mallis was back on stage at New York’s 92nd Street Y last night for a chat with the irrepressible Betsey Johnson. The designer, clad in a black tee that proclaimed her a “rocker,” shredded leggings, wedge sneakers, and a hot pink tutu that she would later shimmy out of to get comfortable, bounded on stage with a signature cartwheel and concluded the evening by showering Mallis, her old friend, in rose petals. “That was good I think,” she said of their fizzy dialogue before skipping off to greet fans. Here’s ten fun facts that emerged from the conversation:

10. She spends $20,000 a year on hair extensions. “It costs 5,000 a pop to look this cheap and trashy,” she said.

9. She made her first garment at age four. “I still have that apron. The print is so great. It has little Scottie dogs on it.”

8. She dropped out of Pratt Institute after one year to pursue…cheerleading. “Pratt was a bitch. It was a killer year. I didn’t have time to do anything…well, I had time to eat. I think I gained 100 pounds. But we didn’t have time to sleep. I had to leave and cheerlead [at Syracuse University].”

7. As a guest editor at Mademoiselle, she traveled to London (and met Margaret Thatcher). “I came back [from London] and wanted to be an American Mary Quant. I connected with that fashion–primitive, basic, almost flat-patterned, primal, kindergarten kind of clothing.”

6. At least one First Lady has worn her clothes.Jackie Kennedy came in [to mod NYC boutique Paraphernalia] and bought 12 or 13 of these satin-backed crepe bush shirts. [She was pictured wearing one on the] cover of Life, tromping around in Cambodia.”
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Inside the Mind of Lola Montes Schnabel

When asked about her creative influences, artist and filmmaker Lola Montes Schnabel doesn’t hesitate, reeling off a list of 22 names that ranges from Niki Logis (Schnabel’s professor at Cooper Union, where she earned a BFA in 2008), Brancusi, and Maya Deren to Victor Hugo, Azzadine Alaïa, and, last but not least, Julian Schnabel, her father. The younger Schnabel is continuing the family tradition of multimedia multitasking with stunning results. This evening she’ll debut her most recent paintings–including “The Melting Pot” (2012), the watercolor pictured at left–at the opening of “Within Reach,” an exhibition at Southampton, New York-based Tripoli Gallery‘s Manhattan pop-up space. Schnabel recently took time to answer our questions about her latest series of “glimpses into the struggling subconscious” and the year ahead.

Does your new series of paintings have a particular theme or subject matter?
Yes, they are about limitations, capturing the boundlessness and the infinite spirit in all things that were here before humankind. These are landscapes that are similar to the womb.

Have you seeing your work in other media, particularly film, influence or shape your approach to painting?
Film and any form of poetry has an impact on my paintings. Every idea deserves its own medium. When I have an idea I often wonder which medium would capture that most accurately. The ocean, for instance. The ocean is constantly moving, so if I can’t look at it in real time then the closest thing would be to paint what I see in it–my own version of it–or to film it. I cannot see myself taking photographs of the sea.
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