Women's Wear Daily has a story today about the trend for "extreme" lingerie, which seems to mainly mean "extremely expensive." (Hello Swarovski crystal bodysuits, gold star pasties, and $4,000 pricetags.) References to bondage in fashion are hardly new — Claude Montana, anyone? — but the ability to charge more money for…

• Dansk magazine's wanton disregard for Baptiste Giabiconi's hotness makes us want to say to the stylist, Hey, whazz wong witz you, man? Meanwhile, it seems Giabiconi occasionally doubts his place in the heart of his Grand Monsieur, Karl Lagerfeld...

Swimsuits. No matter how you feel about those particular bits of nylon-spandex that cover our bits in the warmer months, it should be known that there are some designers who do not even seem to be trying. Consider yourself warned.

• This is one of the many sultry new images of Megan Fox in her Armani underwear which will greet you when you flick through magazines/drive on the highway/walk through downtown/exist for the foreseeable future. Look! They erased her tattoos. [WWD]

• Jean-Paul Gaultier is doing a collaboration with Target that will hit stores next spring; stay tuned for pricing information and images as they inevitably leak. Please let there be lingerie-as-outerwear! [WWD]
• Agyness Deyn might star in a short film. [P6]

• PETA will protest Anna Wintour, Michael Bloomberg, and the cast of Hair as they kick off Fashion's Night Out in Queens. [PETA]
• Betsey Johnson will spend tonight driving between her stores in a pink convertible, holding up big signs. [WWD]

[West Hollywood, August 19. Image via Flynet]

• The details of Fashion's Night Out — aka Anna Wintour's Plan To Save Retail — have been announced. Over 700 stores in all five boroughs will be participating in events that range from sewing circles to cook-ins to rock shows:

• File under matches made in heaven: Karl Lagerfeld has designed couture costumes for England's National Ballet. [Telegraph]

• "It's not up to him to give her lessons; Michelle Obama is of her time; Oscar de la Renta is no longer," scoffed designer Azzedine Alaïa. Ooh, breaking: Oscar is on the View now. [WWD]