Valentino Garavani’s “farewell tour” has been as epic as anything Barbra Streisand could dream up, and judging by last night’s DVD signing of Valentino: The Last Emperor, the retired designer is still pulling in the crowds. Daphne Guinness, Molly Sims, Michelle Trachtenberg, Zac Posen, and Anja Rubik all turned out to see Valentino and Giancarlo [...]

Immediately following the Burberry spectacle, Gwyneth Paltrow and Liv Tyler, loyal besties that they are, decamped to Alasdhair Willis’ Established & Sons show in London’s tony St. James. (Mr. Willis is, of course, Mr. Stella McCartney.) A sort of furniture curator, Willis seeks out forward-thinking designers whose work he then exhibits under the auspices of [...]

Introducing “the new normal,” a post-recession shopping world in which everyone is poor. Sigh. [WWD]
Rumors that Puig Fashion Group president Mario Grauso may leave his post—which includes running Carolina Herrera—have sparked speculation that loyal CH fans like Renée Zellweger and Amy Adams will stop wearing Herrera’s clothes after he leaves. We’re pretty sure they’re in [...]

GP generated as much press for her shoes on her promo tour for Iron Man last year as she did for the movie, but it seems the actress’ penchant for ultra-high, fetishy footwear—paired with ultra-short dresses—wasn’t a phase: She showed up to the Los Angeles premiere of Valentino: The Last Emperor last night in a [...]

L.A. fashion week is getting a splash of organized glam tonight with a runway show, photography exhibit, and video installation at MoCA courtesy of Cameron Silver and Downtown L.A. Fashion Week, a new group looking to fill the void left by IMG and Smashbox Studios. Celebs like Marisa Tomei, Kelly Lynch, and Zoë Saldana are [...]

The thought of spilling something on a white dress sends shivers down the spines of most young women, so when that exact thing happened to Anne Hathaway—with a glass of red wine, unleashed by none other than Valentino—at last night’s dinner in honor of The Last Emperor, we weren’t sure what to expect. Would she [...]

Ram fans, rejoice. Mickey Rourke will be back on the big screen as “the Russian villain in Iron Man 2,” which means that Gwyneth Paltrow and Rourke could quite possibly be co-stars. Don’t you think they’ll get along just smashingly? [Variety]
Sport trend tracking: Shootin’ and skiin’ is the next big thing. [NYT]
On last night’s Daily [...]

Krystof Strozyna and Emilio de la Morena don’t have much in common, fashion-wise, but that didn’t stop the two designers from sharing a runway Sunday afternoon. The off-schedule London fashion week show saw Strozyna, a native of Poland, kick off proceedings with a series of looks wound graphically with string and studded with small metal [...]

Is there a better advert for trainer Tracy Anderson than the fact that Gwyneth Paltrow’s go-to silhouette for almost a year has a skyscraping hem? That was the case again last night at the Grammys, where Gwynnie introduced Radiohead in a spangly little Versace number from Spring 2009. (It was look 25 on Natasha Poly.) [...]

How do budding labels like Vena Cava, Buckler, and Duckie Brown stay afloat when business isn’t so booming? Share space, focus on basics, recycle materials, and call McDonald’s. [NYT]
And the fashion calendar sees its own cutbacks as Milan slims its schedule down by a day, or one less gelato. Sigh. [WWD]
Mary-Kate and [...]