• A picture of Lady Gaga's forthcoming Vogue cover has hit the Internet. She's wearing Haider Ackermann, and her hair is most decidedly pink. One more interior shot after the jump. [TFS and @ItsShavon]

• Tom Ford: "I feel that fashion has become too serious...Fashion needs to make one happy. It is a luxury and should enhance one's quality of life." Ford also believes in, wait for it, "real clothes for real women." [Racked]

• Krazy Kaiser Karl, on Kate Middleton and Prince William: "For the royals, apparently the royal blood is not in demand any longer." But no matter, because Middleton is "beautiful and elegant," and "chic in a way the position needs." [WWD]

• Gisele Bundchen has given birth to a baby boy. Husband Tom Brady has a two-year-old son with actress Bridget Moynihan. [People]
• A Chantilly lace LBD worn by Audrey Hepburn in How To Steal A Million sold for $97,000. [AP]

• Rumors are flying that Lindsay Lohan is donating her time (except for any free clothes she snags) as Emanuel Ungaro's new "artistic director." This gossip item, however, doesn't spell "Emanuel Ungaro" correctly, so its veracity may be questionable. [Fox 411]

Belgian designer Martin Margiela — who holds a spot somewhere between Steven Meisel and Howard Hughes on the spectrum of fashionable recluses — and his namesake company may have parted ways. A member of the label's design team says that the man himself "has not been present since last season."