• Change! Stately old American Vogue is apparently seeking to revamp itself. Says Wayne Sterling, the mag wants "a new circle of models, an influx of fresh, young photographers and a desire for 'unpredictability' in the stories." Unpredictability. In Vogue. [TI]

• Marc Jacobs has added two pro-marriage equality t-shirts to his Marc by Marc line. One shows a line drawing of a lesbian couple with a child, and the other shows an American flag and a dollar sign; both have the tag line "I pay my taxes, I want my rights." The tees cost $24 and are available now. Jacobs is of course looking forward to his own gay marriage, in Massachusetts, later this summer. [PerezHilton]
• Jacobs, along with Patti Smith and David Rockwell, has been named one of the Pratt Institute's Legends of 2009. [WWD]
• Madonna wears diamond dust on her eyes. For that extra sparkly something. [People]
• Patrick Demarchelier shot Gossip Girl's Taylor Momsen in Central Park for the September cover of Teen Vogue. [TFS]
• The Kaiser's Chanel accessories ads featuring Lily Allen, who recently launched her own jewelry line, are also out. She wears a tiara in one; in another, she looks like she's hiding behind a carry-all. [FWD]
• Amanda Hearst, the model/heiress, is rumored to have been offered a job sinecure at Hearst-owned Marie Claire. [P6]
• More details are emerging about the only bid for the house of Lacroix that the bankrupt company's administrator has yet deemed "serious": Italian department store company Borletti had bid jointly with Christian Lacroix himself. Borletti bought the Printemps department store chain from Pinault-Printemps-Redoute in 2006, and owns the Italian department store La Rinescente jointly with Deutsche Bank. French turnaround firm Bernard Krief Consulting made a bid that the administrator described as "insufficient" for the fashion house, and which it has promised to revise upwards. No dollar values for these bids has been revealed. [Reuters]
• Maybe one way Christian Lacroix could make a little cash would be licensing his name to an unaffiliated uniforms division, since that's exactly what Nicolas Ghesquière of Balenciaga did. Air Tahiti Nui sent out a very happy press release yesterday announcing the introduction of its brand-spanking-new Balenciaga uniforms — but further investigation has revealed that the gear was made under license by a uniform company using the Balenciaga name. Our visions of flying with space-age Ghesquière creations were crushed. [The Moment]
• The rumors were true: Coach is launching — and fully funding — a signature line for its creative director, Reed Krakoff. The designer's eponymous accessories collection will launch for Fall '10. [WWD]
• This is despite the fact that Coach suffered a 32% decline in quarterly profits for the period ended June 27. Net income fell from $213.5 million last year to $145.8 million. [WWD]
• Rachel Roy and Estelle are working together on a jewelry line. Roy announced this via Twitter. [WWD]
• Zappos earned $10.7 million from total sales of $635 million worth of sales last year, according to new owner Amazon's SEC filing. [TBI]
• New York City charity HousingWorks, which sells used clothing and furniture and donates its profits to fund AIDS and homelessness, has been doing great business in the recession — understandable, considering so many of their offerings are designer. Susan Sarandon, Bill Clinton, Sarah Jessica Parker, and Chloé Sevigny, as well as, one presumes, a whole slew of regular well-dressed folk, all recently donated clothes and goods. [NYObs]
• Bravo, still reeling from the loss of Project Runway, is launching another fashion-themed reality show: Launch My Line. The concept pairs new designers with established industry lights in order to develop the youngsters' businesses — the best mentee gets his or her line launched, and the best mentor gets $50,000. It all unfolds under the watchful eye of hosts Dean and Dan Caten, of DSquared2, and judges Stefani Greenfield, formerly of retail chain Scoop, and Lisa Kline. [FabSugar]
• Profits at the multinational luxury company LVMH, which owns everything from Louis Vuitton to Dior to Sephora, dropped 23% in the first six months of this year, to 687 million euros, or $934.3 million, from 891 million euros, or $1.39 billion, a year earlier. Sales during the same period rose 0.2% on a year earlier. The top performing brands was Sephora, and Louis Vuitton handbag sales remained strong. [WWD]
• Maybe, just maybe, one reason profits are down is the fact that Louis Vuitton is trying to sell a $450 USB key? Hermès, in any case, is jumping on the lux-tech bandwagon with a bluetooth device "made of super lightweight carbon fiber, aluminum and supple leather ... [with a] custom-built silicon earring." [Racked]
• Men's control underwear is still being talked about as if it's a new idea. It isn't. [Telegraph]

The Good:
Hey, Paula! She looks pretty damn cute with all the buttons and the interesting shoes.

On someone else this dress might look trashy, but Haylie Duff is pulling it off somehow. The pop-of-color-shoes are a bonus.

Pussycat Doll Jessica Sutta's dress is fresh and springy and adorable. Kudos.

Dancing With The Stars host Samantha Harris makes it look easy. This dress is fits well and is flattering and fun.

The Bad:

Sure, white really flatters your skin tone and it's L.A., where shorts are eveningwear, and your legs are great, but something about this ensemble is terribly vexing, Vanessa Minnillo. Perhaps it's the bedazzled tank.

Aubrey O'Day of Danity Kane had the same idea as Haylie Duff, but just didn't pull it off. She needs a sleek ponytail, a stack of bangles and a bra.

Melissa Rivers: Stuck in a tear in the space-time continuum, where it is 2001 and leather jackets, faded jeans and pointy shoes are all the rage.

Kim Kardashian's dress isn't bad; In fact it's quite cute. But perhaps taken in and sans belt, it could be a body-skimming tunic? Right now it seems to be emphasizing the width of her hips and camouflaging her tiny waist. She can do better; we've seen it.

The Ugly:

This, my friends, is Lisa Kline herself! Unfortunately, this dress is a disaster from neckline to hemline. Ill-fitting, oddly designed and weirdly reminiscent of cobwebs. In a bad way.

Stacy Keibler's minty green dress is actually sort of cute, but she ruined it with that heavy, clunky, dark necklace. And shall we discuss the shoes? The incredibly vulgar shoes? If the point is to evoke the image of the tip of an uncut phallus, then, by God: Well done.

[Images via FilmMagic.]