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Live wire

Fashion is now leading to fashion-related crimes — as the crowd at the Bryant Park ice rink in New York city on November 9 can attest to.

Cost of jacket and sneakers? Death

Fashion is now leading to fashion-related crimes — as the crowd at the Bryant Park ice rink in New York city on November 9 can attest to. A 16-year-old has been charged with shooting Javier Contreras,20,in bid to steal the latter’s Marmot Mammoth parka,known as a “biggie”. The biggie,so-called because of its shape,costs around $680 and is a must-have mark of status. The jacket was later withdrawn from sale at Paragon Sports,its exclusive retailer. In June,a man who tried to rob customers waiting to buy the new $180 LeBron X Denim sneakers by Nike was shot and killed by a customer in Atlanta. NYT

It’s a Wonderful Life,but will it stay?

Fans outraged that a sequel to a beloved holiday film is in the works are no longer out in the cold. A spokeswoman for Paramount Pictures,who own the rights to It’s a Wonderful Life,said that the studio would fight a group of producers who are working on a follow-up to the 1946 holiday classic. Directed by Frank Capra,the film stars James Stewart as George Bailey,a desperate family man who imagines during Christmas time what his town would be like if he’d never been born. The sequel would focus on Bailey’s unlikeable grandson. Fans and celebrities took to the Internet to protest against the film. Jimmy Kimmel called it a “terrible idea”. Frank Capra’s son Tom said that his father would have never approved. AP

Rights to Elvis Presley brand sold

Authentic Brands (ABG),a New York-based intellectual property corporation that manages brands including Marilyn Monroe and Muhammad Ali,has bought Elvis Presley’s intellectual property and the right to operate the Graceland tourist attraction from CORE Media Group. As part of the deal,National Entertainment Collectibles Association founder Joel Weinshanker acquires Graceland’s operating rights. The purchase gives ABG control of Elvis Presley Enterprises,which manages the licensing and merchandising rights to Presley’s image,name and likeness,in addition to a massive collection of music,photos,movies,television appearances and performances featuring the King of Rock ‘n’ Roll. AP