Seasoned jetsetter Diane von Furstenberg plans to take the angst out of packing with her new cruise collection La Petite Valise: "Packing is the key to everything. It can be painful to do it properly and keep it light, but afterwards you'll be so happy, so proud." It also helps if you can afford to travel with an entourage of eight assistants. [Telegraph]
Ed Westwick aka Chuck Bass is in talks to design a clothing line. That'll silence the gay rumors. [Fashionista]
Derek Lam sold a majority stake in his company to the Labelux group, which means expansion (and a freestanding store on Crosby Street) is in the works. [UK Vogue]
Supermodel Jessica Stam and Mary-Kate Olsen are new best friends! They spent July 4th together in the Hamptons. [Fox via Fashionista]
Cintra Wilson has an enjoyably masochistic experience trying on clothes at Jil Sander, and makes sure to mention that she takes a size 34. [NYT]
The new campaign for Elie Tahari features Erin Wasson shot on Audubon Terrace in Washington Heights by Terry Richardson. [WWD]
Foppish menswear designer Duncan Quinn's new ad features a woman in lingerie being strangled with a tie. Color copyranter less than impressed. [Copyranter]