♦ Mimosa yellow is the color of 2009. [Vogue]
♦ Massive discounts helped lead to a 15 percent boost in sales on Cyber Monday. [WSJ]
♦ Retailers are pulling out all the stops to lure customers to stores this holiday season. [NYT]
♦ Anna on the recession: "I see a lot of people in my industry who are over-reacting. Stores that are over-discounting, designers who are creating collections for the price and what sells rather than to reflect who they are." [Jezebel]
♦ Topshop is "definitely" opening in NYC by the end of March. Ha. [Glamour]
♦ Happy accidents: Lumigan, a drug used to treat glaucoma, makes your eyelashes longer and prettier, too. [MSNBC]

All subversive things in our culture must eventually be co-opted by the very things that they subvert. It's the American way. The American Apparel ad spoofer—who had a months-long run of fame for creating super-porny ripoffs of AA ad posters (which eventually turned out to be Photoshop fakes by the people at Stereohell)—has now become the subject of an actual American Apparel ad. In Vice magazine, naturally! Click through for photos of Dov Charney's victory over artistic mockery:

You may not know that Kanye West—the eclectic business mogul best known for his muppet shows, model wrangling, blogging, and MacBook stress-testing—is also a bit of a fashionista. He loves the clothes and whatnot! So much so that he wants to take time off from his other ventures and go intern in a fashion house. Celebrity fashion-related intern trend now officially official!

Barack Obama and George Bush have plenty of policy differences, of course, but does the President-elect really represent change when it comes to the wardrobe he's bringing with him to Washington? Maybe not! Both men are fond of American-made suits, white dress shirts, and light blue ties. And you'd be hard-pressed telling them apart if you only focused on the clothes, and you didn't get to peek at the size inside. (In case you're wondering, Obama wears a size 40 or 42; Bush is a 44 long.) On your left, you'll find our very own Presidential Fashion Challenge. See if you can tell which one is Barack Obama and which one is George Bush. It's harder than it looks.

♦ Claudia Schiffer is the new face of Yves Saint Laurent, succeeding Naomi Campbell. [Vogue]
♦ Beyoncé has tapped Thierry Mugler as "creative adviser" for her upcoming world tour. [WWD]
♦ Another giant American Apparel store opens in Soho this weekend. [Racked]
♦ Forever 21 is opening a 90,000-square-foot store in Times Sq. in 2010, God help us all. [WWD]
♦ A map of all the holiday pop-up shops popping up around town. [Racked]
♦ Your sister-in-law doesn't want another cashmere sweater for Christmas. She'll just take the cash, thanks. [WSJ]

Dressing Michelle Obama for her husband's inauguration on January 20th will be one lucky fashion designer's dream come true: As images of the Obamas are beamed to every corner of the globe, her outfit will become instantly iconic. A long list of famous designers submitted sketches to WWD of the dresses they'd like to create for Mrs. O, and we're guessing they all spent a good deal of time thinking through every last detail. One thorny matter they all seemed to struggle with: what color to depict Michelle's skin. As you'll see from the gallery above (click here for a larger pic), some designers, like Monique Lhuillier and Rachel Roy, opted to entirely side-step the historic fact that our new First Lady will be African-American by not breaking out the brown pencil at all. A couple of people, including Carolina Herrera, contented themselves with a few vague tawny strokes, while others (Lacroix, for example) were apparently so delighted to finally get to use their darkest sketch marker that they went a little, um, overboard. One thing almost everyone agreed on, though? That Michelle has the waist of a 12-year-old girl.

Oh, heavens: Barack Obama's been elected, the economy imploded and suddenly it' s no longer chic to be a superficial consumerist idiot! But how to cope if that's all you've ever known?? We were going on three decades of nearly uninterrupted insane boomtime for the rich, after all, and change is difficult. Fake it hard, advises the kept lady's favorite well-connected fashiongay, Barney's creative director Simon Doonan, in this morning's Observer:

Sean Avery has long relished his role as the National Hockey League's miscreant-in-chief, but the Dallas Stars forward's internship at Vogue seems to have sharpened his instincts for provocation to razor precision. Avery was just suspended indefinitely by the NHL for talking smack about two ex-girlfriends, actress Elisha Cuthbert and model Rachel Hunter, who ended up in the arms of other players. His own team said it would have suspended him had the league not done likewise. The truly insane part of the whole incident is that Avery sought out TV cameras so he could broadcast his self-destructive diss. (UPDATE: Video after the jump.)

♦ Condé Nast is denying rumors that Si Newhouse plans to replace Anna Wintour at Vogue. "The silliest rumor I ever heard," says a rep. [NYO, WSJ, WWD]
♦ Julia Restoin Roitfeld's response to the suggestion her mom might be taking over for Anna: "She loves Paris too much—she'd never leave." [The Cut]
♦ Zac Posen is working on a new diffusion line. [FWD]
♦ Londoners will get their first taste of Posh Spice's new fashion line tomorrow. [Times UK]
♦ Love Saves the Day, the iconic store in the East Village, is closing. [Racked]
♦ Will fashion shows survive the recession? Some may not. [WSJ]
♦ Bridal designer Gabriella Risatti is making copies of Carrie's Vivienne Westwood wedding dress from the Sex and the City for $15,000. [NYP]

Simon Doonan's terrifically useful advice for surviving the recession and looking your very best? Take whatever money you still have left and give it to him! No matter how bad things get, Doonan says, you should be sure to continue shopping and keep up your "fierce and meaningful allegiance to, for example, Barneys and Jonathan Adler." Also: "Snag yourself a personal shopper who can streamline the process." And where do you find one of those? Easy! "Call Pat Drake at Barneys—she used to be a Rockette!—or email her at pdrake@barneys.com, and she will get you hooked up." And if you have any cash left over, you can always meet up with Jonathan for a $10,000 lunch. [NYO]

The Waverly Inn was crawling with Condé Nast insiders earlier tonight, some of whom had been waiting as long as 20 years for the appetizer: The hot, delicious rumor that Si Newhouse was meeting in Paris with Carine Roitfeld to work out the final details of the French Vogue editor's move to New York, where she is expected to take over flagship Vogue from Anna Wintour immediately after New Year's. It did not go unnoticed when Condé Nast overlord Newhouse departed early for his annual three-week December vacation in Vienna; it turns out he needed time for his meeting with uptight Wintour's chic Parisian counterpart.

♦ Christian Siriano plans to make it work with Payless: The Project Runway winner is teaming up with the company on a line of footwear and handbags that will launch next fall. [NYP]
♦ Today was Cyber Monday, the day when online retailers kick off the holiday season with super-steep discounts. It didn't turn out to be a great day for Bloomingdale's and J. Crew: both watched their websites crash this morning. [Crain's, USA Today]
♦ In case you forgot to issue your congratulations, Anna Wintour headed off to Buckingham Palace last week to pick up whatever is it you are given when you're named an Officer of the Order of the British Empire. [Vogue UK]

Men: is your hair clean enough to get you laid? While you've been working out to get ripped abs, has your unstyled, sweat-soaked hair been holding you back from sexing the women of your dreams? No, obviously not. Your lack of money has been holding you back. But Axe, maker of horrifying adolescent body spray and even more horrifying publicity stunts, is going to convince you otherwise! Because that's what Axe does: steadily erode any semblance of dignity the American male may possess. In the grand emasculating tradition of fancy men's underwear, get ready for Axe male hair care products—the new thing that you must have in order to get chicks, bro!

Can hipster clothing conglomerate American Apparel and its balls-out CEO Dov Charney never have a normal, peaceful, lawsuit, which is settled quietly and forgotten about? Most recently, the company was fighting back against a lawsuit by ex-employee Roberto Hernandez by trotting out his ex-lovers and leaking documents showing that Hernandez himself recently defended Charney from the very charges he's now being sued for. And now AA is playing more legal hardball! The company is trying to prove to the world that Keith Fink, the lawyer for another ex-employee suing Dov for sexual harassment, is in fact an extortionate scumbag himself. Leaked internal emails below:

♦ Going shopping on Friday? Expect bargains galore. "This could be the most heavily promotional Black Friday in history," says National Retail Federation president Tracy Mullin. [WWD, WSJ]
♦ At last night's British Fashion Awards, Luella Bartley was "thrilled" to be named British Designer of the Year, while Model of the Year, 19-year-old Jourdan Dunn, stole the evening with a tearful acceptance speech. [WWD]
♦ Last year a documentary team followed Anna Wintour, André Leon Talley, and the rest of the Vogue team around as they put together their biggest-ever September issue. Does the fact that the film is "creating heat" as a potential Sundance entry mean that the rest of us might get to see it one day? [Reuters]

If you needed any proof that models are the way they are due to a blessed combination of genetics, speedy metabolism, and an active lifestyle, the group of mannequins surveyed by The Cut mostly insist—and why would they lie?—that tomorrow they totally plan to stuff themselves with food. Chanel Iman says "I love to eat," Ali Michaels says "of course!" she plans to overindulge, while Lindsay Ellingson's favorite Thanksgiving food is her mom's pumpkin pie "with lots of whipped cream." Vegan Ali Michael, though, will eat "a simple meal of steamed greens, beans, avocado, and maybe even a little piece of raw dark chocolate." Sounds tragic, but at least she won't be obliged to purge/spend five hours on the treadmill/cancel her next shoot after.

Not that Padma Lakshmi needed any help in ensnaring her next billionaire boyfriend, but this can't hurt: Indian models are apparently the next big thing in the modeling world, an industry that is finally recognizing "their potential and versatility in selling high fashion," reports ABC News. Willowy Brazilians Gisele Bundchen and Adriana Lima? They're so five minutes ago as advertisers and editors book new faces from the subcontinent like September Harper's Bazaar cover girl Kangana Dutta and Ford model Lakshmi Menon, who's been in recent campaigns for Hermes and Givenchy.

For 24 young women, this weekend marks a milestone in their lives: They will make their formal debut into society, just as if they were a bunch of sheltered virgins rather than the jaded and worldly daughters of the rich and powerful. The annual Crillon Ball, tirelessly organized by Parisian Ophélie Renouard, is taking place on Saturday, and WWD talks to a few of the lucky attendees about their dresses, and "escorts."

♦ The Condé Nast memo concerning budget cuts seems to have failed to make its way to W. Last week Kate Moss arrived in NYC to do a shoot, only to discover it had been canceled and no one had bothered to tell her before she left. So, after stopping to smoke a cigarette outside JFK, she hopped back on another first class flight home, at the cost of $12,000 to the magazine. [Mirror]
♦ The latest casualties of the recession: Holly Dunlap, whose shoe line is no more, Fred Leighton jewelry, which might be going into liquidation, and even, maybe, expensive fashion shows. [NYP, WWD, WWD]
♦ Fashionistas in Moscow are coping with the plunge in the market the way any good Russian would: They're drinking lots of vodka. [stylefile]

Now that we have a glorious, hopey new president, it's time for the assholes to come out. Idiot L.E.S. designer Apollo Braun—famous for being the idiot who makes sweatshirts saying "Who Killed Obama?"— has issued a mumbly press release declaring that he will not stop making his idiot sweatshirts, despite alleged pressure from the FBI, which may or may not be a likely fabrication like the rest of the idiot's stories. He also gives an appropriately amusing quote!: