Fashion/Beauty Roundup: Benefit Breaks Our Hearts

Formerly-female-friendly SF beauty company Benefit Cosmetics re-positioning cheek/lip color Benetint as a cure for uncomely nipples. What's next: Pussy Paint? [NY Mag]

Oh shit: Pegged pants might be making a comeback. [WWD]

Liz Claiborne is throwing in the towel on Laundry by Shelli Segal. [WWD]

Cynthia Rowley continues her downward slide by bringing East Hampton-tacky to Japan. [WWD]

Alexander McQueen and M.A.C. to collaborate on makeup collection? [WWD]

Two-piece swimsuits making a comeback, despite high obesity rates. Tyra Banks soon to take credit for this one too. [MediaPost]

Could this be the end of the annoying-department-store-perfume-spritzer? Coty consolidating its fragrances into one-stop shopping department-store kiosks [MediaPost]