Jil Sander to Be Sold; Rag & Bone Store Opens Today

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A look from the Jil Sander fall collection. Mmmm… Photo: imaxtree

• A Tokyo-based apparel group will buy Jil Sander for $244.1 million. Raf Simons will stay on as head designer of the label. [WWD]

• Matteo Marzotto, former chairman of Valentino, is displeased with his portrayal in the documentary, Valentino: The Last Emperor: "There is no mention of how we turned the company around and sold it [to Permira] so advantageously for everyone. I am just made to look as the heartless industrialist." [WWD]

Rag & Bone opens its Christopher Street flagship today. Yay! [WWD]

• Tourists can now tour Gianni Versace's Miami home for $50. [British Vogue]

• The film Tara Subkoff made to promote her Bebe collection starring Lydia Hearst will premiere at Norwood club and on Bebe's Website this Thursday. Quick — someone fetch us our calendar so we can cancel life that night. [WWD]

• Alan Cumming and Heather Graham will curate the first edition of G-Star Raw Nights' New York art show following the G-Star runway show on September 11. [WWD]

• For its 30th birthday, Diesel is announcing xXx The Creative Experiment, a "worldwide party initiative" with simultaneous parties taking place in eighteen locations worldwide. [British Vogue]

Oscar de la Renta relaunched e-commerce on his Website to reach a broader clientele. [WWD]

• Oscar de la Renta will also guest-blog on Brides.com starting September 9 about exciting wedding-related things. [WWD]

Lily Cole was spotted in the stadium at the Democratic National Convention in Denver when Barack Obama gave his big speech on Thursday. [Fashionologie]

• Daphne Guinness wore "cheek-exposing" short shorts, hooker heels, and a black bondage bustier at the Hampton Classic and proceeded to "lean over the rail" to get a better view of the horses. [NYP]

Adriana Lima is currently suffering from a broken finger after a fall. Have you sent a get-well card yet? [NYP]