[All photos by JOE SCHILDHORN, DAVID X PRUTTING, and BILLY FARRELL for PMc]

Rather than suffer through a slow economy, retailer H&M seized the opportunity last night to go all out and throw a spectacle to honor the launch of the amazing Matthew Williamson-designed collection for them. After arriving and walking down a glittered carpet flanked with gorgeous models dressed as sailors saluting you, all were escorted aboard a luxury yacht docked at the South Street Seaport. The interior was decked out to a theme that can only be regarded as "a shimmering Copacabana on The Loveboat", and that’s an understatement. Click below for more story, party photos, and celebrity arrivals...

[Grace Jones Heats Up Pier 17 At H&M's Party For Matthew Williamson Summer Collection] More»

[Sir Michael Caine and Ed Westwick. Photos by  JIMI CELESTE for PMc]

A mix of Hollywood's old and new came out for the premiere of Sir Michael Caine's new flick, Is Anybody There, in which Caine plays a retirement home resident who befriends the owners' 10-year-old son. Actors Nikki Blonsky and Ed Westwick chatted up veterans Bob Balaban, Dick Cavett and 20/20 reporter John Stossel at the screening held at Cinema 2. More story and photos from the opening below ... More»