• Polo Ralph Lauren has been hit with a lawsuit for stamping the word "lifeguard" on clothing without permission. Another company is claiming it trademarked the word years ago. [NYP]
• As expected, Escada filed for bankruptcy protection in a German court today. [Bloomberg]
• Is Bravo renewing The Fashion Show for a second season? That's unclear for the time being. [Cut]
• Tory Burch and Georgina Chapman are making cameos on the next season of Gossip Girl. [WWD]
• Now that visiting a tanning a salon is tantamount to sucking on asbestos or consuming toxic nuclear waste, is "pale the new tan"? [NYT]

• Cintra Wilson is not impressed with the NYC's very first JCPenney: "Why would this perennially square department store bother to reanimate itself in Manhattan—in the sleekest, scariest fashion city in America—during a hair-raising economic downturn, without taking the opportunity to vigorously rebrand itself?" Making matters worse, she says even the mannequins are obese: "It's like a headless wax museum devoted entirely to the cast of Roseanne." [NYT]
• Contrary to recent rumors, Kanye West is not interning at the Gap. [FWD]
• It looks like Escada is the latest fashion house to go bust. [Bloomberg]
• Anna Wintour will appear on Dave Letterman's show on August 24. (Set your DVR!) In other Anna-related news (and despite recent budget cuts at Condé Nast), the Vogue editrix will be making the trip to London Fashion Week.

• Kate Moss is teaming up with Topshop boss Philip Green and Simon Cowell to launch an entertainment conglomerate that will "rival Disney." At least that's what one British newspaper is reporting. [Daily Mail]
• Sad: Escada may be forced to file for bankruptcy in the near future. [Vogue UK, Fashionista]
• Sadder: Jon Gosselin may be teaming up with Christian Audigier to launch a kids' clothing line. [E!]
• Saddest: The rumor floating around Moscow is that Pop editor/It girl Dasha Zhukova and her billionaire boyfriend, Roman Abramovich, have gone their separate ways. [FWD]