• Is fashion in need of a bailout? Some people seem to think so! [NYT]
• The debut of Matthew Williamson's line for H&M resulted in a "mild frenzy," although it didn't reach Topshop levels of craziness. [Racked, NYM, Racked]
• Meanwhile, Williamson's debut in London attracted the likes of Sienna Miller and Mischa Barton, among others. [Vogue UK]
• Mayor Bloomberg has pronounced it "Sparkle Week" in NYC as part of an effort to give a boost to the jewelry industry. They sure could use the help: Retailers in the Diamond District report that sales have dropped by more than 50 percent over the past year. [NYM, Crain's]
• Jil Sander's new Madison Avenue store has opened its doors. [Racked]
• Lauren Hutton was injured while surfing a couple of weeks ago, but she's still hoping to make it to the Costume Institute ball. [NYM]
• Is Chloe Sevigny single-handedly trying to bring back the sandals-and-socks look, or was the combo of sun and booze at Coachella to blame? [Frisky, JJ]
• Kanye West's girlfriend, Amber Rose, shows some skin (and crack) in the the new ad campaign for his Louis Vuitton line of sneakers. [NYM]
• Those empty storefronts in the far West Village? Some people seem to think it's all Marc Jacobs and Ralph Lauren's fault. [Villager]
• Speaking of Marc, the new Jacobs by Marc Jacobs collection features the work of artists with disabilities and benefits the arts. [Teen Vogue]
• Filene's Basement is now for sale, if you're interested. [Crain's]
• 7 For All Mankind opens its third NYC outpost tomorrow. [Denimology]
• The fashion business may be suffering here, but that's the case in North Korea: Retail outlets in Pyongyang have never been busier, or at least that's what the country's official news agency is reporting today. [Reuters]
It was Drew Barrymore's big night at the Ziegfeld yesterday when the new HBO movie, Grey Gardens, had its premiere. On hand for the occasion and afterparty at the Pierre: Drew's co-stars Jessica Lange and Jeanne Tripplehorn, as well as guests like Justin Long (left), Jimmy Fallon, Rudy and Judi Giuliani, Stanley Tucci, Steve Buscemi, Gay Talese, Arthur Sulzberger, Dan Abrams, Roger Friedman, Hilary Rhoda, Marc Jacobs and Lorenzo Martone, Peter Som, Jason Wu, Erin Fetherston, Kristin Wiig, Tony Sirico, Robert F. Kennedy Jr., Aerin Lauder, Albert Maysles, Ashleigh Banfield and Howard Gould, Monet Mazur, Debbie Harry, Selita Eubanks, the Beastie Boys' Mike D, Ad-Roc, and MCA, Aleksandra Baryshnikov, BD Wong, and the film's director, Michael Sucsy. [PMc, Wireimage, Getty, LAT, FWD]
Jamie Foxx regrets wishing chlamydia on Miley Cyrus and Britney Spears wishes she'd never met that creep from rehab at Subway. But Hulk Hogan doesn't have to regret "totally understand[ing]" OJ Simpson.
• Barneys' owner pumped more cash into the struggling retailer today, which will allow it to pay for its shipments for the rest of the year. And thank goodness for that! [Reuters]
• Rumor has it Madonna will return as the face of Louis Vuitton this fall. [NYM]
• Rocawear's roving pop up shop—a 50-foot-long tractor-trailer filled with zebra-striped furniture—rolled into town today. [Racked]
• Getting married? Bridal dresses at Vera Wang are now 50 percent off. [NYM]
Marc Jacobs has several reasons to celebrate today. In addition to his recent engagement, he'll also be blowing out 46 candles on his birthday cake today. Others marking the big day: NBC chief Jeff Zucker is 44. Hugh Hefner turns 83. Cynthia Nixon is 43. Leighton Meester is turning 23. Albert Hammond Jr. is turning 29. Joe Scarborough is 46. Porn queen Jenna Jameson is 35. Dennis Quaid turns 55. Fashion designer Martin Margiela is 52. Restaurateur Taavo Somer turns 36. Twilight actress Kristen Stewart is 19. Jesse McCartney turns 22. America's Next Top Model winner Yoanna House is 29. And former model-turned-ANTM judge Paulina Porizkova is 44.
• Is Anne Hathaway going to replace Victoria Beckham as Marc Jacobs' latest muse? That's the rumor, at least. [Daily Mail]
• One more rumor: It's said Olivier Theyskens may be taking over at Halston. [Hint]
• It's not all bad news on Madison Avenue: Jil Sander and Nanette Lepore both have stores opening in the next few months. [FWD]
• Lindsay Lohan's latest brand extension? A line of panty hose, naturally. [WWD]
• Barneys is getting a small (but much-needed) infusion of cash. [NYP]
• Filene's Basement is not bankrupt. Not yet, at least. [NYP]
• Jessica Joffe goes topless for Katy Rodriguez. [Pipeline]
• The Cut has the list of every piece of clothing Michelle Obama wore on her trip overseas. And it includes the Alaïa cardigan that she wore twice. [NYM]
• Topshop opens tomorrow, in case you haven't heard. [NYT, Racked, NYM, Glamour, Pipeline]
• If you wish to bypass the madness in Soho, the first-ever Balenciaga outlet in the U.S. opens tomorrow at the Woodbury Commons. [NYM]
• The British media just about melted at the sight of a J. Crew-clad Michelle Obama today. [WWD]
• The Costume Institute gala is a mere four weeks away but getting people to sponsor tables hasn't been easy work for Anna Wintour. If you notice fewer mentions of Burberry, Versace, and Gucci in future issues of Vogue, now you know why. [FWD]
• Dowdy retail chains are trying to spiff things up in order to appeal to "modern women who are now shopping for style within their means." [NYT]
• Resort season isn't quite what it used to be. [WWD]
• Why is Lorenzo back in NYC? Where's Marc? It's a mystery! [Fashionologie]
• Marc Jacobs and Lorenzo Martone have been in Brazil since late last week, presiding over the opening of a new store and showing off their gold rings. Now they say they're thinking about adopting a baby girl, too. [Fashionologie]
• Speaking of Marc, the life-size hamster wheel in the window of his Bleecker Street kids store is back. [Racked]
• House of Style returned on Saturday. Just what you needed: a "recessionista rescue" by Jessica Stam. [Jezebel]
• A recession bonus: expensive models are no longer that expensive. [AdAge]
• Erin Wasson's garage sale in LA was a mob scene, as expected. [RackedLA]
• The Times chats with Dree Hemingway, model, actress, daughter of Mariel Hemingway, and new Twitter fan. [NYT]
• The "obscure private label watch brand" worn by Barack Obama is a little less obscure these days. Funny how that happens. [WWD]
• Today in silly celebrity brand extensions: Kim Kardashian has a "budget-friendly shoe club," Avril Lavigne's first scent debuts this summer, and Nicole Richie's new jewelry line sold out before it even arrived in stores. [SW, WWD, SW]
• Several racks of clothing have already materialized at Topshop! [Racked]
• Calvin Klein made a cameo on 30 Rock last night. [Fashionologie]
• Michelle Obama is the new Carrie Bradshaw, says Isaac Mizrahi. [MB]
• Have you ever wished that Joe Zee would finally document every food item he consumed over the course of the week? You're in luck. [NYM]
• Don't bother asking Michael Bloomberg about his fave footwear. Ask him about his shoes and he'll tell you they're "probably Paul Stuart," but he's "had them a long time," so he really has "no idea." [FN]
A day for relationship regrets: The author of The Manny is losing her husband-y; Madonna's pet model realized she's a control freak; and Rihanna's many regrets supposedly include a sex tape.
We're going to take a leap here and say that the wedding registry listed in Marc Jacobs and Lorenzo Martone's names is not, in fact, the real deal. Because while we're sure that both men do their fair share of shopping at JCPenney, we really don't see either of them being too interested in a $14.99 deviled egg plate or a set of cheap towels in coral. (Nor do we imagine they'd be so gauche as to schedule their wedding on Christmas Day.) But we could be wrong, in which case we hope they make the most out of the faux leather massage chair headed their way. [JCPenney]
• Good news for billionaire(?) Dan Loeb: His hedge fund may have seen better days, but he's $5.5 million richer now that he's successfully sold his carriage house at 7 MacDougal Alley to art gallery director Gordon Veneklasen. It's a tad less than the $7 million he was looking for back in October, but he still has that $45 million condo at 15 CPW, so you don't have to worry about Dan just yet. [Cityfile]
• So much for that rental at 40 Mercer: The Post now says the newly-engaged Marc Jacobs and Lorenzo Martone may have picked up a 4,500-square-foot spread in the Robert A.M. Stern-designed Superior Ink development for $13 million. [NYP]
• Bruce Wilcox, an exec at Cumberland Associates, has put the townhouse at 125 East 62nd Street he bought for $8.5 million in 2005 on the market for $9.45 million. [Cityfile, Sotheby's]
It's hard being a celebrity: James Franco is getting mobbed by fellow students at Columbia; presumably the coeds will never provoke from him the sort of battery Kanye West allegedly inflicted on his oglers.
It's been rumored for ages, but now it appears to be official: Marc Jacobs and Lorenzo Martone are engaged. Women's Wear Daily reports the duo will go public with the news tomorrow when they arrive in Brazil "wearing rings." Then they'll head to Martone's hometown of Sao Paolo for a "fete celebrating the Marc Jacobs multibrand store." (You didn't expect the big news to get in the way of business, did you?) Jacobs and Martone haven't set a date for the wedding yet. But count on it being the chicest gay wedding of all time and starting about two hours late. [WWD]
• The 2009 CFDA Award nominees were announced this evening. [WWD]
• Following months of speculation, it's official: Olivier Theyskens (left) has parted ways with the house of Nina Ricci. [WWD]
• Depressed? "In times of trouble, pink is the shopper's comfort color." [NYT]
• Katie Holmes is starting up a kids clothing line, it seems. [Racked]
• Is Marc Jacobs getting married later this year? Possibly! [FWD]
• The times they are a-changin': Beyoncé appears on the new cover of Vogue, which means the mag has featured black women two issues in a row. [NYM]
• Karen Elson stars in Agent Provocateur's new spring campaign. [Pipeline]
• LiLo's spray-on tanner actually works, you may be surprised to hear. [NYDN]
• A look inside the new Armani flagship on Fifth Ave. [Racked]
• Claudia Schiffer has such a huge clothing collection, she converted a climate-controlled helicopter hanger into a giant closet. Naturally. [Daily Mail]
• A camera crew followed Rachel Zoe around during Paris Fashion Week, which means the second season of her Bravo reality show is headed your way. [FWD]
• Dov Charney's cash-strapped American Apparel is selling 18 percent of the company to a private equity firm to pay down some of its debt. [BN]
• The hat Aretha Franklin wore to the inauguration in January? More than 5,000 orders have been placed since then. At $179 a pop, no less. [NYT]
• Video of Karl Lagerfeld at Paris Fashion Week. [NYM]
• What's Sofia Coppola up to these days? She's directing perfume ads for Dior, that's what. [NYT/The Moment]
• Marc Jacobs and Lorenzo Martone are on their way to Brazil for a little post-fashion season R&R, in case you're interested. [FWD]
• LA Fashion Week begins tonight! [Racked, Stylefile]
• Paris Fashion Week came to a conclusion today with a memorable show by John Galliano and Marc Jacobs' collection for Louis Vuitton, which, shockingly, only started seven minutes late. [NYT, Telegraph, WWD, WSJ]
• Want to see Project Runway return to the air? Heidi Klum suggests demonstrating outside Harvey Weinstein's house. Good idea![MSNBC]
• Retailers are pushing designers to reduce costs in the hopes consumers can be convinced to pay full-price again. [WSJ]
• Heard on the Runway, the Journal's fashion blog, may be over. [NYM]
• The Jonas Brothers are launching a clothing line. Sweet! [Racked]
• Zooey Deschanel has debuted her sunglasses line for Oliver Peoples. [NYDN]
• Shepard Fairey is crafting Saks' new ad campaign. [FWD]
• Need some couture for your dog? Here are some places to start. [Pipeline]
