Marni

Our latest shoe — rather, shoe color — obsession may not exactly fall into this season's lighter, brighter palette, but it certainly does make a serious case for red's unequivocal statement-making power. It boils down to this: we love the idea of sticking to the outfit basics (we're talking white tee and denim cutoffs here). So, when one accessory can do all the work, that's kind of like styling nirvana — herein lies the appeal of a great red sandal.

Whether the shoe be flat-soled and adorned with the bare two-strap minimum or come complete with a chunky platform and sexier lace-up details, the idea is to turn heads with one fell swoop of standout red and a cool silhouette to match. And let us remind you that these sandals were made to be worn for day and night. So, if this weekend's brunch calls for a red-hot pick-me-up, then look no further than our picks — at every heel height and price point — below.

• Liberty Ross covers this week's installment of The Edit. [Net-A-Porter]
  

• Opening Ceremony has teamed up with upcoming film Spring Breakers on a capsule collection of beach-ready wears, which will hit stores and online on March 22 — the same day the movie opens in theaters. [The Huffington Post]
  

• Allison Williams is ready for the Met Ball: "The theme is punk . . . I've been looking through Sex Pistols photography," she said. "I'm really excited to commit to the theme." [T Magazine]
  

• Zaha Hadid has been commissioned to redesign Stuart Weitzman's Milan flagship. [Styleite]
  

• Anna Wintour was spotted having dinner with Michael Kors at Da Silvano. [Page Six]
  

• Marni's new perfume now has its own website. [Marni Fragrance]
  

• These are the last few days to shop Natalie Joos's curated vintage collection for Manhattan Vintage. [Manhattan Vintage]
  

• Raf Simons, Dries van Noten, and Marni are among the design houses creating white t-shirts for Selfridges's no noise campaign. [PS Fashion News Inbox]
  

• Ruffian is teaming up with Birchbox to debut a limited-edition collection of nail polishes. [POPSUGAR Beauty]
  
  More fashion news you need to know, right here.

What do actresses Jessica Chastain and Emma Roberts and model Irina Shayk all have in common? Well, you're looking at it. They were all recently spotted toting around stunning green-hued bags, which called major attention to their respective off-duty looks, too. Jessica sported her Dolce & Gabbana Miss Sicily purse with a black coat and black-and-white boots in NYC; Irina, clad in a black Winter coat, also carried her statement green zip-detailed tote; and Emma showed off her green-studded Marni bag, which complemented her brown shearling leather jacket and bright fuchsia scarf perfectly. Any punchy bag has the power to change an outfit, but we'd say emerald green is the one to add to your shopping list because it's 2013's Pantone color of the year. Score similar green bags we're loving below.

While taking a romantic stroll with her boyfriend in NYC, Emma Roberts showed off a casual cool ensemble that's easy to re-create no matter what city you're in. The actress started off with some basics: a striped top, ripped jeans, and taupe suede booties. She wore a Paul & Joe Sister leather and shearling jacket on top, then added a bright pop of color via a fuchsia scarf. Round tortoise sunglasses by Karen Walker ($310) and a studded green Marni bag completed Emma's Winter street chic. Mimic this ensemble by sporting your favorite basics, then taking your look to a sassier place via a punchy scarf, bag, and shades.

After months of speculation that Diesel founder Renzo Rosso would buy a stake in Marni, Rosso confirmed on Thursday that the brand is now in his portfolio.

The exact figures of the deal were not disclosed, but Reuters reports that Rosso made the acquisition through his holding company, Only the Brave, which in addition to Diesel also controls Maison Martin Margiela and Viktor & Rolf. Rosso told WWD that it's his ultimate goal to crate the industry's next big fashion conglomerate.

"It's my big dream to create a modern group that is an alternative to the existing ones," he said. "We are beginning to become one such group, and we are working on consolidating it."

Rosso's investment will not only help open more Marni boutiques around the world, but also push the brand into markets like China. That's the kind of support Marni founder and CEO Gianni Castiglioni said he was looking for in October.

"We would like to double our sales in five years through a further development of retail but without drastically overturning our company," he said. "I would be open to consider a partner only if he would share my vision in managing the company. We are looking at industrial partners that can provide competence and long-term vision."

Industrially speaking, Rosso is a good fit. Through its subsidiaries, Only the Brave manufactures clothing for Vivienne Westwood, Dsquared2, and Marc Jacobs's menswear line. Rosso is also invested in the ecommerce giant Yoox, and in Marcolin, a company that produces eyewear for Tom Ford, Roberto Cavalli, and — naturally — Diesel.