• Here are leaked pictures of Lindsay Lohan's spring campaign for 6126. The images were shot by reality-TV-star photographers Markus Klinko and Indrani. [Gone Hollywood]

• That was quick: Steve Madden has finalized a deal with Mary-Kate and Ashley Olsen to manufacture shoes and accessories for the pair's new Olsenboye JC Penney's brand. [Crains]
• Francesca Versace, the niece of Donatella and daughter of Santo, was rejected the first time she applied to Central St. Martins. "I went to the London College of Fashion and did business and pattern cutting, which I hated, but reapplied for Saint Martins and finally got in. The first year, I was crying all the time. All the teachers gave me such a hard time." The designer says that, eventually, she started to fit in. "I did three years and I loved it. I had so much fun by the end." Now she lives in London and is best friends with Silvio Berlusconi's daughter. [Times UK]
• The December cover of Harper's Bazaar is rumored to feature Kristen Stewart and Robert Pattinson. [WWD]
• Sometimes the Daily Mail online headline writers are evil geniuses. "Can Chanel Really Gild This Lily Or Are They Allen A Laugh?" would be one of those times. [Daily Mail]
• Project Runway alum Jeffrey Sebelia is taking his poor-man's-Santino aesthetic to his latest position, as creative director of the casual wear label Fluxus. [WWD]
• The M.A.C.-sponsored fashion shows at Milk Studios will continue at least for the next two years, says Estee Lauder Group president John Demsey. [The Cut]
• Scott Schuman's project for Burberry involved him shooting 100 trench coats, reveals Garance Doré. Included in the post is one of the pictures, of Doré wearing a short navy trench with a Yankees cap. [Garance Doré]
• The Gucci family biopic that Ridley Scott is making has Gucci family members upset. The story he's dramatizing — the intrafamily struggle for control that cost the life of eventual winner Maurizio Gucci, who was killed on his wife's orders just after hiring young designer Tom Ford — does not, they feel, redound to their benefit. "Enough mud," says Patrizia Gucci, Maurizio's cousin. "We have been through horrible things and paid plenty in person. I will write a book about the Guccis to say who they really are. And I will give Scott a copy, in hopes that his movie will never be released." Angelina Jolie is purportedly in talks to play Maurizio's wife. [Variety]
• And with the opening of Mongolia's first Louis Vuitton store, late last month, comes the inevitable trend story about how Ulaan Bator is, like, so hot right now (move over, Paris!). Actually, the warmest praise the capital garners from Louis Vuitton C.E.O. Yves Carcelle is that it is equivalent to "a good-sized provincial town in China." [News.com.au]
• Prada had just nailed down an agreement with its garment workers' union to furlough 250 out of 3,000 workers at its factory for four to six weeks when it announced that the rotating suspensions will only last three weeks. Spring orders outstripped the company's expectations by 10%. [Reuters]
• Gabriel Aubry, the male model who fathered Halle Berry's child, will be the spring face of Louis Vuitton men's wear. [Sassybella]
• Marc Jacobs might do a reality show. "I have very specific ideas about a show and how I'd want it to go, and I'd want it to be really different than the other ones," says the designer. But, "I don't think it's going to happen. I don't think so, unless we came up with the right thing, the right way." He hasn't been in touch with Bravo, who a few weeks back said it was "desperate" to have Jacobs in a show. We'd recommend re-watching Loïc Prigent's Louis Vuitton doc if you're feeling anxious. [The Cut]
• Alexander "I make $390 Italian yarn bike shorts" Wang, on his successful Barneys trunk show last week: "When I got to Barneys, I was welcomed with the news that our Rocco bag had a waiting list of 400-plus. By day's end, their entire Spring 2010 handbag order sold out with pre-buys — and that's before it will even hit the floor. Yikes! Good news, but now we're going to have to figure out how to produce more bags so our section won't be empty come January." A 400-plus person waiting list? Are the bags made of gold? Is it magically charmed so that whatever you wish for, you reach in and, pouf, there it is? Does it buy you drinks after a long day? Because we're struggling to understand what it is that's attractive about a black leather bag with studs on the bottom that costs nearly a grand. [Style.com]

But it seems like they might be the very ones who just might get the last laugh. Santos Versace's daughter Francesca just graduated in 2006 from the renowned Central Saint Martins College design school in London and is already debuting her own fashion line — called Francesca V, which we think is both subtle and, uh, kinda porn star-sounding — during the Paris ready-to-wear shows next week. Apparently the "critics" were all wowed by Francesca's senior collection when she finished school (it's like the anti-Versace, refined, minimalist, elegant). Fuck inheriting an art collection!

Fashion World Holds Its Breath For New Versace In The House That Gianni Built [Guardian]