Hot shoes on the red carpet

Olivia Palermo has been known to rock some hot shoes on the red carpet, and now she’s putting her fantastic taste in footwear to good use.

Palermo has created a satin strappy sandal covered with fuchsia feathers; Johansson a red, patent lace-up shoe with cut-out detailing; Panettiere a chunky, suede, ankle boot and Trachtenberg a purple snake-skin platform court.

Prices start at $425 (£258.70), and will be available from September at STUARTWEITZMAN.COM.

Michael Kors

Tommy Hilfiger is reportedly joining forces with his label's original investors Silas Chou and Lawrence Stroll, to invest in Michael Kors - who is said to be selling an equity stake of 25 per cent.

Kors is hoping to raise $500 million (£313.725 million), to fund his global expansion plans. The designer is looking for a private placement, followed by a public offering. A financial source told WWD that any deals will be announced in July. Hilfiger himself has refused to comment on the rumours, although admitted the label would be a wise business acquisition.

Please read more about Michael Kors

Did you know?

David Beckham has become the latest name to sign up with H&M as part of its all-star repertoire. The footballer and fashion icon has teamed up with the Swedish high street store to launch his bodywear range for men. The partnership will be launched on February 2 2012 worldwide in time for Valentine's Day.