Hermès and luxury yacht-maker (is there any other kind?) Wally have dissolved their partnership, so no more Hermès yachts. To the two people on earth this actually affects, our condolences. [WWD]Items from Christian Lacroix’s last collection for Jean Patou (Spring 1987) went on the auction block in Paris and raised a total of about $226,000, [...]

We should have seen this one coming a mile away: Alice in Wonderland serving as the muse for Alice Temperley’s new lower-priced line, Alice. “Are you kidding? I have loved her my whole life, and not just because we have the same name,” Temperley sighed at the Soho Hotel in London, where she was hosting [...]

The writing’s been on the wall for some time, but Suzy Menkes says it out loud today: Martin Margiela has left the building—er, Maison. His design team will take over and he will not be replaced. [NYT]
Speaking of houses, YSL’s is on the market. Saint Laurent and Pierre Bergé’s duplex on Paris’ Rue de Babylone [...]

Johnny Depp and Patti Smith are two of the most oft-referenced style icons in the world, so no big surprise that they’d also turn out to be potent influences—on each other. At MoMA’s party for Tim Burton last night, the frequent Burton leading man (in Tom Ford) and the still-punky chanteuse (in what looks like [...]

Fashion Week notes from the Style.com and men.style.com contributing editor. Look out for more animated opinions in the days ahead.