The first reports on  Christina Aguilera’s new perfume “Simply Christina” are out, and things aren’t smelling so good.  

Even though Audrey Hepburn wore the ot pink hcocktail dress in Breakfast at Tiffany’s back in 1961 she was such a fashion icon that it sold for almost 100,000 pounds at an auction. It was six time more than they expected to get.

Sarah Jessica Parker recently wore a $440 two-tone sequin mini-dress from Alice+Olivia. She was quoted as saying, “Fashion doesn’t have to be a luxury.” Um, Sarah? For those of us who are regular people, $440 for a dress is MORE than a luxury. Rich people, sheesh.

Mary-Kate and Ashley Olsen have launched  Elizabeth and James, a contemporary sportswear line available for the Fall 2007 season.

 
Prince will perform for 1,400 fans at the Macy’s Flagship Store in his hometown of Minneapolis on July 7 in an effort to promote his new fragrance 3121.