Blog Posts by CNBC

  • Missoni for Target Orders Delayed, Possibly Cancelled

    By Jessica Golden,

    Target's Missoni madness continues with a brand new mess.
    Many customers that placed orders online at for Missoni for Target are now receiving an email from the discount retailer saying their shipments are delayed or worse - they will be cancelled altogether.

    Shopping website 'Racked' reports that their inboxes have been flooded with Target customers who received the following email from the big box retailer:

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    "We're sorry, but we may not be able to deliver your item(s) by the estimated delivery date you received with your original order...If we can't deliver your items(s) by this new estimated delivery date, we will automatically cancel your order."

    Customers can approve deliveries after the delayed delivery date by going online and signing up for this option. Customers that don't will be automatically

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  • What $1 Million Buys You

    By Daniel Bukszpan,

    Who hasn't spent at least a few daydreaming moments fantasizing about spending money? Not just a few hundred bucks either, but huge, irresponsible sums of money, all on completely unnecessary luxury items? Most of us probably have, but sadly, reality tends to intervene. Just as we're settling into a meditation about a chartered plane jetting us off to Aruba, the memory of that unpaid and overdue $250 phone bill intrudes and throws cold water on the fantasy.

    If one were to make a completely uneducated guess as to what something like the aforementioned scenario would cost, $1 million would probably be a common conjecture. However, it's 2011 now, and $1 million isn't what it used to be. However, that's in part because a lot of people simply don't know how far $1 million can go, and the amount of time and effort that it would take to spend it. For all the grousing over the rent, doctor's bills and car payments, it would be hard to blow through $1 million just

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  • Child Star Successes

    By Colleen Kane,

    The Hollywood machine loves a fresh-faced, button-nosed, apple-cheeked, sassy child performer. Once that precocious kid dares to grow up, however, the system is not kind.

    The unfortunate trend is that for every well-adjusted former child star, there are two troubled Coreys. Behind them is a staggering rogues gallery of has-beens such as Lindsay Lohan, Dustin Diamond, and so on, with each of them doing one or more of the following: falling down drunk, overdosing on drugs, crashing a car, committing a crime and/or making a porno. Or they end up stuck in a purgatory of appearing in one reality TV show after another. At worst, their demons lead them to an early demise.

    Happily, however, some child stars, such as Natalie Portman, Anna Paquin, and Leonardo DiCaprio, do transition smoothly into acclaimed adult acting careers. Others venture into different fields altogether.

    We assembled a list of child stars that have moved on from acting (for the most part) to

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  • A Couture Revolution: Shopping the Runway with Moda Operandi

    By Katie Kramer,

    Models walk the runway at the Proenza Schouler's spring 2012 fashion show during Mercedes-Benz Fashion Week in New York.Models walk the runway at the Proenza Schouler's spring 2012 fashion show during Mercedes-Benz Fashion Week in New York.Shop today. And wear - if not tomorrow - then definitely before anyone else.

    Instant shopping site Moda Operandi offers consumers the chance to preorder next season's clothes days or even hours after they've appeared on runways. That's long before the spring and summer looks that debuted over the past eight days of Mercedes-Benz Fashion Week in New York hit the stores. That is, if some of the more fantastic or theatrical pieces even make it there at all.

    In its second go-round at New York's twice-yearly sartorial celebration, the e-commerce brand founded in 2010 has partnered with 100 designers, as well as Vogue, to bridge the gap between invitation-only trunk shows for fashion insiders and the higher-tech, competitive, successful cottage industry of members-only online shopping.

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    "There was always the woman

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  • Celebrity Million-Dollar Extravagances

    By Daniel Bukszpan,

    People love to read about celebrities who spend huge sums of money on luxury items-even in these hard times. After all, who wouldn't be amused to learn that Paris Hilton owns a $325,000 doghouse that's an exact replica of her own mansion?

    The limits of celebrity conspicuous consumption continue to be pushed. Some of the rich and famous have distinguished themselves by the sheer quantities of cash spent on quirky luxury items-up to $1 million or more. Often, the practicality of these purchases is dubious at best, and nonexistent at worst.

    Who are some of the celebrities who have spent around $1 million or more on decadent extravagances?

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    Rihanna is a singer who's been appearing regularly on the Billboard charts since her 2005 debut album "Music of the Sun." She followed such chart-topping singles as "Umbrella" and "Disturbia" with more top-selling albums all the

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  • Missoni Launch: Success or Missed Opportunity for Target?

    By Jessica Golden,

    A rack full of items from the Missoni for Target collection.A rack full of items from the Missoni for Target collection.

    Target shoppers went mad for Missoni this week, and the fallout from the frenzy is still being felt days later.

    Shoppers rushed in to buy items from the 400-piece collection from the Italian fashion house, which went on sale Tuesday. The limited-edition piece sold out in many stores in a matter of minutes and so many customers rushed to the company's website that it crashed several times.

    Now, more then 30,000 Missoni for Target items are being resold on eBay at a steep mark-up. Other items have found their way to other secondary markets such as Craig's List.

    "They should probably be calling it Missoni for Target for eBay," says one observer on Twitter.

    Designer Margherita Maccapani Missoni urged shoppers today to avoid the items on eBay.

    "You guys! very silly to buy #missonifortarget on eBay for 3 times the price!! For that money go out and get M Missoni and you'll avoid looking all the same," she tweeted to her more than 14,000

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  • Inside Look: NYC Fashion Week 2012

    By Christina Cheddar Berk & Jessica Naziri,

    Spring is in the Air

    There were many crosscurrents as Mercedes-Benz Fashion Week kicked off on Sept. 8 at New York's Lincoln Center.

    The event is always about building buzz in the press about designers' latest collections, but one piece of news was also buzzing in the tents. British fashion designer John Galliano, who was fired six months ago as the creative director of the fashion house Dior, was found guilty and given a suspended fine for making anti-Semitic remarks by a French court.

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    The first day's events also were cut short as designers prepared to celebrate Fashion's Night Out. In its third year, the event - which was conceived by Vogue's Anna Wintour - celebrates fashion and shopping, and has grown enormous, with events planned not only in the high fashion boutiques and department stores of New York, but in suburban shopping

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  • Top 10 Cosmetic Surgeries of 2011

    By Jessica Naziri,

    Maybe people need a distraction from the bleak economic headlines of the day, or maybe its America's obsession with youth. Either way, business is booming in the business of nips, tucks, and lifts.

    Cosmetic plastic surgery procedures rose two percent to 1.6 million in 2010, according to a recent study by the American Society of Plastic Surgeons (ASPS), which represents 7,000 board-certified plastic surgeons.

    "Consumers are willing to spend on themselves again and confidence is up," says Dr. Phil Haeck, president of the ASPS.

    Although 91 percent of all cosmetic procedures were performed on women, statistics show that more men are going under the knife. Overall cosmetic plastic surgery procedures for men were 2 percent higher in 2010 than the previous year.

    "The men out there are worrying about how they look compared to the competition, which is much younger," says Haeck.

    So what are Americans looking to improve? Check out the most popular cosmetic

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  • What Happens When Youth No Longer Drives Fashion

    By Christina Cheddar Berk,

    It's that time again. Lincoln Center is buzzing with hoardes of retail buyers, socialites, celebrities and journalists, watching designers at Fashion Week unveil collections for spring/summer 2012.

    But for other folks, the job is to think beyond next season.

    Fashion trend forecaster David Wolfe has been picking through the latest designs coming down the runway in order to summon up the trends he expects to dominate in fall/winter 2012.

    But beyond what colors and styles Wolfe, the creative director at Doneger Group, expects to see next year, there is a more important message: youth is no longer driving fashion, and younger lines are wisely "aging."

    And that is having an impact on the designs of the clothes that we will see next year.

    Why is this happening? Baby Boomers are regaining economic control of fashion. They have no desire to step back from fashion and sit at home in a housecoat.

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  • 15 Failed Celebrity Businesses

    By Jill Weinberger,
    In recent years, multiple celebrities have attempted to extend their brand by venturing into the business world. Actor and comedian Will Ferrell found tremendous success with his website,, while Rapper Sean Combs (P Diddy) owns multiple businesses, including a record label, a clothing line, a movie production company, and more.

    Despite all the successful celebrity ventures in the world, however, there are numerous examples of celebrity businesses that have gone bust.

    A celebrity name can automatically help a business, bringing in a recognizable spokesperson and a built-in fan base. However, just because a celebrity brand is attached to a business, it doesn't guarantee success-and may occasionally cause more harm than good.

    Celebrity businesses fail for numerous reasons, from poor business management and lack of experience, to bad concepts that were doomed from the beginning. Regardless of the reason, these celebrities have learned the hard

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