• Noooooo! Grazia reports Olivier Theyskens is leaving Nina Ricci. [The Cut]
• Or not: the mag attributes the scoop to "buzz currently sweeping through the front rows of the Couture shows in Paris." [Fashionista]

The obvious implication of putting Gisele and Lebron James on the cover of Vogue's "Shape issue" is that fashion is the female equivalent of sports. Well, no, scratch that, it's not so much the implication as the explicit premise: "Gisele Bundchen," the story explains, is "the Lebron James of fashion modeling." As …

• The new Marc Jacobs ads featuring Victoria Beckham have finally been made public. And they're awesome. Also: We seem to remember a certain Glamour magazine beauty editor who took to doing this with a Gucci bag. [WWD, 1st item]
  
• Madonna swears that the Fox News reports aren't true and that she didn't screw Gucci over…