• The Sopranos is coming to an end, but the Valentino drama continues. Private equity firm Permira struck a deal over the weekend with the Marzotto family to buy the family's remaining shares in the fashion house. But what to do with the 20% of shares held by Antonio Favrin, a member of the Marzottos rival family? We hear James Gandolfini may be looking for work...[WWD]
  
• Breaking news! English model Agyness Deyn's real name is... Laura Hollins. Christ. [Fashionista]
  
• What did the two women vying for England's Labour Party's deputy leadership debate to prove their worth for the position? The cost of their handbags, of course. [Telegraph]
  
• Versace is shifting its focus away from casino-casual clothing and towards the more-profitable gold-leaf, Medusa-head trashcan arena (also known as "home and lifestyle.") [WSJ]

• Forget climate change: The most threatening environmental force right now might be English socialites' love of luxury goods. [Guardian]
• More conflict in the Middle East: Gulf state private equity firms are jockeying to acquire luxury department store chain Barney's New York. [WWD, sub req'd]
• Today in high-low collaborations you can't possibly still be interested in hearing about: Alice + Olivia, Payless Shoes. [WWD, sub req'd]

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