♦ Given that one obvious way to fill up stores despite the recession is to sell hyped, cheap designer clothes, it's no surprise that H&M has announced another high-end collaboration: British designer Matthew Williamson (left) will launch a line next spring. [Elle UK]
♦ Sad: Upper East Side retailer Linda Dresner, who introduced the likes Yohji Yamamoto, Comme des Garçons, Ann Demeulemeester, and Martin Margiela to New York, is closing at the end of the year. [WWD]
♦ Not so sad: Imitation of Christ, the overpriced and gimmicky label founded by Tara Subkoff and sold last year to Sass & Bide's former CEO Josh Sparks, is no more. [Racked]