Big For Spring: Aretha Franklin's Hat; Katie Holmes' StirrupsS

  • Detroit milliner Luke Song has received more than 5,000 orders for the spring (pink! cream!) versions of the Aretha Franklin Presidential Inauguration Hat. The original's going to the Smithsonian. [IHT]
  • "Which aging supermodel is planning a fake lesbian romance to get the tabloids interested again in her flagging career?" If it's not Janice Dickinson, we don't care. [BlindGossip]
  • Shepherd Fairey, designer of the iconic Obama "hope" poster, is making a limited edition tote for Saks Fifth Avenue. The best part? It's only $20. [LA Times]
  • American Apparel has signed a financing agreement with London-based private equity firm Lion Capital. [WWD]
  • The jersey-mongers were in danger of defaulting on $16 million of debt. [NY Times]
  • Perhaps in response, the company's latest ad bears the weirdly earnest, "American Apparel is ... Jobs." As AdRants describes it, "this crucial message is illustrated by a muscly bald dude who appears to be in the stock room" rather than some barely-legal porn spread. [AdRants]
  • Spotted: Katie Holmes in stirrup leggings on the red carpet. Let us speak no more of this. [E]
  • Sotheby's London has recreated Versace's incredibly garish Lake Como house for a sale of his equally garish furnishings. [WWD]
  • "Versace's sister Donatella writes in Sotheby's publications describing the sale that her brother meticulously picked each item to create a sensual and glamorous environment: a fantasy 19th-century villa built on the water's edge by the eccentric English lover of all things Italian, Lord Charles Currie." [WSJ]
  • Said the late designer himself, "The house in Moltrasio is a Proust house, whereas the ones in Milano and Miami are more Batman...It is the house that really belongs to me, reflecting a mirror image of all that I am, for better or worse." [Telegraph]
  • Phoebe Philo is rolling out her Celine collection earlier than expected, to the undoubted delight of fashionistas everywhere. [VogueUK]
  • The biggest challenges of being a designer, according to Andre Benjamin? "First, he said, being an African-American was a challenge, as there's a perception out there that "hip-hop stars will just throw their names on anything." Then he added, "I'm not a gay man." Says Canadian columnist Shinan Govani: "Basically the OutKast star says his challenges included a) being black, and b) not being gay." [New York Post]
  • Andre will either be gratified or pleased, then, that Pharrell Williams is collaborating with Bionic Yarn to produce fabrics made from recycled plastic bottles. [IHT]
  • And that the also-vehemently-not-gay Kanye West's Louis Vuitton sneakers are going to sell for like a grand a pop. [Nicekicks.com]
  • This European couple is heading the creative aspect of J.Tim's William Rast. "He's sporting the sort of vintage motorcycle jacket that would be a once-in-a-decade find at the Rose Bowl Flea Market, styled with paint-splattered jeans, an Ann Demeulemeester necklace and a bushy beard easily mistaken for the latest in hipster affect, except that he's worn his for two years. She has the look that starlets often attempt, with varying degrees of success: a black peak-lapel blazer, loose T-shirt, leggings and leather ankle boots covered with black fringe. The kicks are from William Rast, though the brand has yet to release its footwear collection." [LA Times]
  • "Which model made Karl Lagerfeld so angry at the end of last season that he told her she couldn't walk Chanel ever again, even though she used to walk all of his shows?" [Fashionista]
  • We're guessing not Kate Moss, to whom he's apparently joined at the hip. [Fashionologie]
  • Eva Longoria's in a Nike ad, for some reason. "It features Eva Longoria, in best Desperate Housewives mode, throwing real life husband Tony Parker's trainers off the balcony of their high rise flat and then his triumph in revenge." Great. [Mirror]