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• Here's a sign that people are shopping again (or else Victoria Beckham has gone on another shopping spree): Hermès says it's experiencing such "massive over-demand" for its handbags, it's been forced to set up its own crocodile breeding operation in Australia just to keep up. [Reuters via Cut]
• Esteban Cortazar appears to be parting ways with Emanuel Ungaro. It appears he plans to sue Ungaro, too. [WWD]
• Do you control a major luxury brand? Are you a fan of Chloe Sevigny? If you answered yes to both questions, give her a ring. She's willing to talk. [SF]
• A "couture" tattoo shop has opened in the Flatiron district. [W]
• The DKNY mural at Houston and Broadway is officially gone. [BB]

• Rumors circulated last week that Karl Lagerfeld was leaving Chanel, Alber Elbaz was taking his place, and Olivier Theyskens was replacing Elbaz at Lanvin. Is any of true? Chanel and Lanvin are denying it, but that certainly hasn't stopped people from buzzing about it. [Fashionologie]
• It looks like London Fashion Week is back! [Pipeline, Fashionologie]
• A roundup of new stores now open in the Hamptons. [Cut]
• Brit socialite Daphne Guinness is launching a perfume this fall. [Stylecaster]
• Happy 40th anniversary, Comme des Garçons and Rei Kawakubo. [NYT]
• Low-end retail news: Men's Warehouse is buying Filene's Basement out of bankruptcy, and Talbots is selling off its J. Jill division. [AP, Reuters]
• Sarah Palin is a big fan of rhinestones, apparently. [HuffPo]