Katy Perry has design aspirations. "Agyness Deyn and Dita Von Teese are my fashion icons. I love to create a character, and I like looking like I've just stepped out of a history book." [New York]
L'Oreal has signed Zach and Miri star Elizabeth Banks! About time she got a lead! [WWD]
Speaking of L'Oreal... aging heiress Liliane Bettencourt denies that she's ill, being duped by a gigolo. [FT]
Liar! Despite claims to the contrary, Paris Hilton has been spotted wearing the same dress twice! [E]
Is acclaimed designer Olivier Theyskens out at Nina Ricci? People are tossing around "creative differences," which it totally the "irreconcilable differences" of the work world. [FashionWeekDaily]
Will Tommy Hilfiger be the only designer actually showing at the Bryant Park tents? [WWD]
We kind of don't want to contribute to this latest Levi's ad going viral. [Videogum]
Fun, PETA-style: throw virtual snowballs at celebrity "fur hags." [AdRants]
Stores aren't even bothering to deck the halls of their sad beauty aisles this Christmas. [WWD]
Fashion darlings Rodarte have discovered the secret to living left-coast: "This is the secret to L.A.; you listen to music from Peanuts. We realized it last night, driving — it was late, and the Peanuts theme was playing, and it’s like the whole city was transformed." [Style.com]
Carine Roitfeld and Kanye West are BFF. [Style.com]
The founder of Aussie label JustJeans was caught with his hand in the till...or the white-collar, $100 million equivalent thereof. [News.com.au]
Speaking of crime, the fashion industry took a hit in the Madoff scandal. [WWD]
Along with other less-than-hip brands, Laura Ashley's feeling the economic pinch. [Guardian]
J. Crew's bridesmaid's dresses are becoming an industry standard. See, J, when you price things reasonably they sell! [W]
Accessories brand Lambertson Truex is on the block, if you're looking for a sideline. [WWD]