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♦ Lauren Hutton is the new face of the Olsens' clothing line, reportedly, although it's not clear whether that means the younger Elizabeth and James label or the more high-end The Row. Ashley Olsen on the 64-year-old actress: "She's just a wise woman and she's a traveler and she's obviously a style icon." [Vogue UK]
♦ The Olsens' appearance on Oprah yesterday was noteworthy for many reasons, but none more than the fact that Ashley totally lies about what she eats for breakfast. [Fashionista]
♦ Donatella Versace must not be too worried about the recession: Versace is launching a perfume in a "that comes in a gleaming, hand-stitched white leather train case." The price: $2,100. [WWD]

♦ The girls-dressing-like-boys trend is picking up steam thanks to its highest-profile proponent, Katie Holmes, who wore a three-piece navy pinstriped suit to a party this week. [NYDN]
♦ Katie Grand's new Condé Nast UK-published magazine has a title: Love. [Fashionologie]
♦ Sarah Palin wigs are all the rage. With Jewish women in Brooklyn, that is. [AP]
♦ The new Kate Moss for Top Shop pictures are here. [Telegraph]