Last night in Cannes, more than $1 million worth of jewelry was stolen from a hotel room. The New York Times reports that the jewels were meant to be lent to movie stars during the film festival.

[New York, April 29. Image via Getty]

• One of Annie Leibovitz's Louis Vuitton ads with astronauts Sally Ride, Buzz Aldrin, and Jim Lovell is out. (Gorby was busy that weekend.) [WWD]
• Karl Lagerfeld: "Ballet is an extraordinary art: this torture of the body to make something so graceful. All this hard work, to look effortless."

• Candie's decided to take a chance on Britney Spears, and her cohort of current fans. The singer is the latest face of the tween-friendly brand. [WWD]

There were a bunch of names I didn't recognize at the Chopard party last night in Cannes, and most of those unknowns really tickled my fashion fancy. Unfortunately those women I did recognize (Christina Ricci, Gwyneth, Dita Von Teese) didn't really get me too jazzed. Except, of course, Maria Menounos (in Marchesa…