Michael Gordon, the founder of hair-care brand Bumble and bumble, who was briefly arrested on charges of tax evasion late last week, reappeared on Monday with a determination to carry on.
A clearly exhausted Gordon had one statement to make about his stint in jail. “This too shall pass,” he told WWD Monday. He declined further comment on the matter. However, Gordon managed to summon the confidence to talk about the future, including the development of products inspired by his classic Bumble and bumble Surf Spray, a 2000 hit.
His legal troubles date back to September 2006, when Gordon received $29.6 million for selling his stake in Bumble and bumble to the Estée Lauder Cos. Inc. Internal Revenue Service agent Eric Nieves obtained the hairdresser’s U.S. Individual Income Tax Returns to find the sale price not reflected on the return, according to the complaint filed by IRS. Gordon reported that his adjusted gross income was $1,350,883, his taxable income was $1,124,844 and the state owed him a refund in the amount of $39,298.
According to the affidavit, Nieves obtained information from a confidential source that had personally known Gordon for the past seven years. According to the affidavit, which drew upon information from the informant, Gordon allegedly sought ways to hide the money from the IRS, including sending it overseas to avoid paying taxes on that income.
Assouline is paying homage to the late Azzedine Alaïa with a reprint of "Alaïa Livre de Collection.” The book is comprised of photographs of the designer's summer 1992 runway show with models Christy Turlington Burns, Naomi Campbell and Tyra Banks, pictured here at right. #wwdfashion #alaia #tyrabanks
Fall 2018 accessories take on a painterly hue, with Nebulas Blue among Pantone’s top 10 colors of the season. (📸: @jonghyupstudio ; editor: @twallz21 ; stylist and set designer: @haideefindlaylevin ) #wwdaccessories
@americanapparelusa is relaunching the brand outside of the U.S. today, opening its online store to more than 200 countries. The company is also contemplating a return to brick-and-mortar, though details have not been confirmed. In tandem with the expanded distribution is a recasting of a social media ad campagn, called “Back to Basics,” pictured here, with a focus on diversity and a cast of models above the age of 21. Read more on WWD.com #wwdnews #wwdfashion
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion