BCBG Bends, Shapes Olympian Nastia Liukin

  • Now that stars have inaugural balls to shop for, they're "totally over" the frivolity of dressing for awards shows. Celebs "are taking the registry very seriously — no one wants to be the Laura Bush of this inauguration." [MSNBC]
  • Justin Timberlake's line, William Rast, is making its Bryant Park debut next month. "And for those who might anticipate a concert, there won’t be one." [WWD]
  • Oh no she didn't! Did Michelle Obama insult Vera Wang's taste?! Um, no, she didn't, TMZ. [TMZ]
  • Menswear designer Thom Browne, known for "avant-garde antics and perverse, themed spectacles" brings the pain to Europe. [WWD]
  • Thakoon's new "Addition" line is good. Really good. [Style.com]
  • Badgley Mischka is lowering their prices. We're guessing from "exorbitant" to "extravagant." [WSJ]
  • Ferragamo goes green: "The collection, entitled Eco Ferragamo, feature five day bags in the Italian label's signature style - think chic, soft leather in classic shapes. The difference? These bags have undergone a tanning process that uses natural products instead of the the usual, environmental unfriendly metal elements, making the leather biodegradable and water-resistant." Sadly, they're ugly. [ElleUK]
  • Big news: Claire McCardell’s mid-century classic, What Shall I Wear, is being reissued! [Fashionista]
  • Was Valentino one of Madoff's many victims? [New York]
  • Valentino says no! [WWD]
  • Uniqlo introduces "interactive reviews." Which is great, if Uniqlo clothes don't make you look like a frumpy teenager. [BlackBook]
  • Even though Michelle Obama wore one of her dresses, reporters seem surprised that designer Maria Pinto is, um, still living and working normally. [IHT]
  • Not exactly peace in the Middle East, but a start: Following security closures, Benetton reopens its Tehran locations. [WWD]
  • Oy. Macy's is closing 10 stores. [WSJ]
  • Want to feel inadequate all day long? The new Anna Wintour ringtone dispenses fashion advice! Alternatively, Andre Leon Talley dispenses "career advice." Cause that's not gonna get you mugged on the bus! [New York]
  • Would Anna find those sporting "Save Anna" shirts to be, how you say, losers? [Gawker]
  • Only the good die young: Husband and wife rad-clothing-line Obedient Sons and Daughters is an economic casualty. [Fashionista]