Fashion Group International hosted its "Night of the Stars" gala at Cipriani Wall Street last night, where Kate Bosworth, Jennifer Lopez and Marc Anthony, Prince, Karl Lagerfeld, Ashley Olsen, Anna Wintour, Isaac Mizrahi, Donatella Versace, Allegra Versace, Georgina Chapman and Harvey Weinstein (left), Debra Messing, Jared Kushner and Ivanka Trump, Francisco Costa, André Leon Talley, Stephanie Seymour, Stefano Tonchi, Blake Lively, Penn Badgley, Alexander Wang, Bobbi Brown, Lindsay Price, Tom Florio, Christopher Bailey, Behnaz Sarafpour, Zani Gugelmann, Chanel Iman, Cindi Leive, Julianna Margulies, Christian Louboutin, Peter Som, Philippe Starck, Nina Garcia, Roopal Patel, Glenda Bailey, Tim Gunn, Jonathan Adler and Simon Doonan, Ruben Toledo and Isabel Toledo, Justine and Jeff Koons, Jonathan Newhouse, John Varvatos, Kimberly Guilfoyle, Patrick Demarchelier, Linda Fargo, Phillip Lim, Leigh Lezark and Max Minghella, Mary Alice Stephenson, and Mamie Gummer celebrated the industry. [InStyle, Wireimage, PMc]

It's a special day for two important men in the fashion biz: Ralph Lauren is 69 and Isaac Mizrahi is 47. Also celebrating today: Yankees manager Joe Girardi is 44. Marc Jacobs' longtime business partner Robert Duffy is turning 54. Feminist writer Katha Pollitt is 59. Dixie Chicks singer Natalie Maines turns 34. Usher is 30. Model Daniela Pestova turns 38. Wrestler/actress Stacy Keibler is 29. And Madonna's daughter, Lourdes Leon, is turning 12.

♦ Isaac Mizrahi went on Leonard Lopate's radio show yesterday to offer advice on how to be stylish during a recession. His counter-intuitive tips? Go to expensive hairdressers, buy expensive shoes, and "never buy anything that's on sale." [The Moment, WNYC]
♦ Suri Cruise has a pair of one-off, custom-made red Roger Vivier pumps, even though the brand doesn't do children's shoes. Somehow, we have a feeling that no amount of shoes will reduce the therapy in her future. [People]
♦ The fact that Kate Moss rarely does interviews or goes on TV is looking like a wise move considering her appearance on British TV last night, for all the excitement, pretty much blows her mystique. [Fashionologie]

How to Have Style by Isaac Mizrahi, which will be published next month, uses case studies to scold women about the contents of their wardrobes and bossily tell them what they should be wearing—in other words, it's the gay raison d'etre distilled into book form. Even though all these kind of books are based on the lie that there's such a thing as timeless style, rather than completely ephemeral fashions, if anything will make the perfect underminey/passive aggressive holiday gift, this will. [NYDN]

♦ At Marc Jacobs, there were lots of celebs like Helena Christensen, Elijah Wood, Nicole Richie, Stephanie Seymour, Kelly Osbourne, Sofia Coppola, Winona Ryder, and Jennifer Lopez, and the elaborate, adventurous, world travel-inspired clothes got high marks—but all of the above was entirely eclipsed by the presence of Posh Spice's new gamine haircut. [WWD, Telegraph, Hello]

• Forget about the controversy surrounding skinny models, says Simon Doonan: Much more important is why so few black girls are seen on the runway. Meanwhile designers like Tracy Reese say they've actually noticed more women of color available from the agencies. [The Cut/NYDN]

• Designers must be clawing each others' eyes out to get Gossip Girl cast members at their shows. Well, score one for Rock and Republic, which has confirmed Chace Crawford will be in attendance. Maybe he'll turn up with Amanda Hearst, whom he was allegedly trying to "cozy up" with this past weekend. [Fashionista]

• Even though Whitney Port may have the least fake career on The Hills, her alleged PR job at Diane von Furstenberg won't involve actual working, will it? [The Cut]
  

• Albert Hammond Jr. is coming out with a men's clothing line, news that shouldn't surprise anybody. [NYM]

• The Obama campaign is marshalling the full power of the fashion industry to get ahead: A long list of designers—definitely including Derek Lam, Isaac Mizrahi, Tracy Reese, and Diane von Furstenberg and possibly including Beyoncé, Russell Simmons, and Vera Wang—will be creating official merchandise like totes and t-shirts. [WaPo]

• The New York fashion scene will soon be bereft when Sean Avery heads off to Texas to join the Dallas Stars. But he'll remain a ubiquitous presence on the city's billboards and buses as one of the models in Gap's fall campaign, which launches today with Liv Tyler, Ginnifer Goodwin, Georgina Chapman, Julia Restoin Roitfeld, Scott Schuman, Leigh Lezark, and Cecilia Dean. [style file/Elle]

• Hold the phones: Liz Claiborne has released a glimpse of Isaac Mizrahi's new collection as creative director—the label! It has a different logo and everything. [WWD]

So why did Isaac Mizrahi terminate his massively successful and lucrative collaboration with Target in order to take up with dull old office-wear staple Liz Claiborne, where he's now creative director? He's not telling Meredith Bryan due to being "contractually muzzled," but naturally the loquacious designer has plenty to say on other subjects, from the Xanax he takes before attending the CFDA dinner ("I can't make it though without a tranquilizer, that's just it, I'm sorry,") to vlogging, which he calls "this strange, insatiable desire to keep going on and on and on, to keep expressing yourself, you know?" to his weight: "I'm so fat, I'm so fat, I'm so huge," to his new TV projects:

• Contrary to breathless reports, Barack Obama was not the inspiration for Donatella Versace's latest collection, which he's probably relieved to hear. [FWD]
  

1) At the Harold Pratt House, the New Yorkers For Children Fall Gala was previewed with a Tuesday night gathering of Campion Platt, Andre Leon Talley, Jeffrey Kalinsky, Beth Rudin DeWoody, Dayssi Olarte De Kanavos, Douglas Hannant, Kate Schelter, Katie Lee Joel, Derek Blasberg, Debbie Bancroft, Joy Bryant, Daniel Benedict and Andrew Saffir, Annelise Peterson, Jamee Gregory, Fern Mallis, Jennifer Creel, Fabiola Beracasa, Oscar De La Renta, Thakoon Panichgul, Tom Florio, Zac Posen, Zani Gugelmann, Lauren Santo Domingo, Phillip Lim, Heather Mnuchin, and Peter Som. [Guest of a Guest]

After feted collaborations with Isaac Mizrahi, Jack McCollough and Lazaro Hernandez for Proenza Schouler, Erin Fetherston, and Jovovich-Hawk, Target just announced its latest high-end partnerships: Anya Hindmarch is creating handbags for the chain and Sigerson Morrison a line of shoes. Looks like even the most outer borough-phobic Manhattan women will be making trips to Brooklyn. [WWD]

• Haven't seen Isaac Mizrahi around much lately? That's because he's been holed up making his own pomade, since the product he usually uses is no longer on the market. If all goes well, he might sell his new creation and call it I-Hair. [Page Six]

Once a high-flying couture star, these days Isaac Mizrahi is best known as a TV personality and as the man who made Target a fashion destination.

This is directly beneath the recipe for a "hot brown sandwich." We don't know who runs the Yahoo Food site, but remind us never to accept their invitations to dinner.

• Judy Miller finally figured out why her Times career went to hell: It was the bloggers' fault. Of course it was. [Slate]
• Six weeks later, ABC anchor Bob Woodruff is released from the hospital to continue his rehabilitation elsewhere. [ABCNews]
• And 18 months later, NYT researcher Zhao Yan is released from prison after the Chinese government withdraws state-secrets charges. [NYT]
• Jon Friedman's doesn't love Mike Wallace. [MW]
• Coming soon: Isaac Mizrahi: The Magazine? [WWD (second item)]