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• The 2009 CFDA Award nominees were announced this evening. [WWD]
• Following months of speculation, it's official: Olivier Theyskens (left) has parted ways with the house of Nina Ricci. [WWD]
• Depressed? "In times of trouble, pink is the shopper's comfort color." [NYT]
• Katie Holmes is starting up a kids clothing line, it seems. [Racked]
• Is Marc Jacobs getting married later this year? Possibly! [FWD]
• The times they are a-changin': Beyoncé appears on the new cover of Vogue, which means the mag has featured black women two issues in a row. [NYM]
Karen Elson stars in Agent Provocateur's new spring campaign. [Pipeline]
• LiLo's spray-on tanner actually works, you may be surprised to hear. [NYDN]
• A look inside the new Armani flagship on Fifth Ave. [Racked]
• Claudia Schiffer has such a huge clothing collection, she converted a climate-controlled helicopter hanger into a giant closet. Naturally. [Daily Mail]