• At last, a celebrity with a realistic outlook on her whatever-line: "Unless you need it, it's just stuff," says Alicia Silverstone of her collaboration with Ecotools. [WWD]

• Paris has a Musée de la Contrefaçon, where counterfeit and genuine goods are lined up and displayed, side-by-side. Everything from the predictable (Dior handbags) to the slightly insane (Tabasco sauce) to the downright worrisome (pregnancy tests) has been knocked off; France estimates the trade in counterfeits costs its economy 38,000 jobs and $85 billion. A museum that looks like a Noah's ark of consumer goods would be an awesome place to visit. [LATimes]
• Counterfeiting is big business in Los Angeles. Vendors of counterfeit goods are so canny they have even memorized the plate numbers of undercover cops, and some labels hire private investigators to police the trade in markets like Santee Alley. The Los Angeles Economic Development Corporation estimates that L.A.-based companies lost $5.2 billion to counterfeiters in 2005. [LATimes]
• The concept for Victoria Beckham's next campaign for her dress line apparently involves models on swings — so Posh joined the models, and sat expressionless on a rope swing. [Daily Mail]
• Jennifer Lopez's new scent, "My Glow," was apparently inspired by motherhood. [WWD]
• NeNe from the Real Housewives Of Atlanta wants a shoe line. [E!]
• Ole Schell, the co-director of Picture Me, the excellent documentary about the modeling industry, talks about the film's genesis and how it was made. [DazedDigital]
• They're out there! Some two-bit pressure group calling itself the "Australians In New York Fashion Foundation" had its inaugural dinner on Wednesday. Because no matter where you go in this world, there's always an Australian there to look like she's having more fun than you are! I'm going to sob into my mug of Edgelets, wish for some Molenberg with Anchor butter, and re-research my ironclad argument about the origins of the remarkable New Zealand dessert, the Pavlova. [WWD]
• Juergen Teller's new campaign for Marc Jacobs features some very young models — Irina Kulikova is just 17 — in some very American Apparel-esque poses. [The Cut]
• Korean Vogue has a cover in triplicate this month, featuring Claudia Schiffer, Naomi Campbell, and Eva Herzigova. [FWD]
• Re-familiarize yourself with Mademoiselle Chanel in this extensive and well-written article ahead of the release of Coco Avant Chanel. [ToL]
• Who knew that Erin Wasson had a film career? She's got a walk-on role in Sophia Coppola's next movie, Somewhere. Her character? "Party Girl No. 1." [The Cut]
• Beauty chain Ulta has 331 stores nationwide, and is giving Sephora, with 230 U.S. outposts, a run for its money. Unlike Sephora, Ulta doesn't shy away from selling drugstore makeup, like Maybelline and L'Oréal — but it still offers attentive customer service and plentiful samples. Prestige brands are also well represented. Many branches have hair salons inside. Ulta is also expanding like kudzu in this real estate market: It opened 65 stores last year. [NYTimes]
• Once the Economist is on to "pop-up" stores, they're seriously not "unusual" anymore. [Economist]
• Yes, our primary concern in this market when luxury brands are forced to price their handbags at $4,445 instead of $4,900 should be the long-term ability of those brands to hike prices to $5,200 in the near future. Give us a fucking break. [BW]
• Moody's has downgraded C.E.O.-less troubled retailer Barney's New York. Again. By two whole notches. To Caa3, which is just one stop above Ca, which is for securities that "are likely in, or very near, default, with some prospect of recovery of principal and interest." [WWD]
• Some sources are saying that Zappos wanted to remain independently owned, but was actually forced to sell itself to Amazon by venture capitalists who had invested in the company. [BusinessJournals]
• Zappos C.E.O. Tony Hsieh is denying these reports. [TBI]
• A bunch of New York fashion bloggers want us to all stop shopping. Seriously, just stop it! [Racked]

"I was in Saks last week, and there were these staggering discounts and it’s not even Jan. 1. I was told by easily half a dozen sales associates that if I opened a Saks credit card, I’d get another 15 percent off. What I wonder is, 'What are the real margins?'"

Alana Semuels writes in the Wall Street Journal that some luxury brands are throwing lavish parties in order to "trigger that buying feeling." Extravagant events aren't a waste if you target your customer and instill loyalty, the thinking goes.

But on the retail level, Mr. Trebay writes of Valentino evening gowns marked down 60%, of Loro Piana cashmere blazers priced at $329, down from $2,000. Here's the thing: In this uncertain and tough economic climate, does "luxury" lose its appeal altogether, no matter the "bargain"? Questions Trebay:

Once consumers become acquainted with slash-and-burn prices, how can designer fashion regain its mystique? Will shoppers ever again want to buy luxury goods at full price?

Listen, even if you could never afford any "luxury" items, they still had a place, a role as untouchably elegant and remote; something to fantasize about. Does a Marc Jacobs bag still seem special, rare and unique when you've seen a bin full of them at slashed prices? Never mind what happens to a dream deferred  what happens to a dream marked down?

Luxury Prices Are Falling; the Sky, Too [NY Times]
Luxury Brands Go Over The Top To Connect With Wealthy Clients [WSJ]

• Marianne Faithfull on that giant Chanel jacket sculpture thingy parked outside their couture show: "phallic." How long before someone brings Hillary Clinton's gender into this, ya think? [Fashion Week Daily]
  
• J.Crew's new, hipper, and less-expensive line, Madewell, has just tapped someone from the land of magazines for the brand new position of Director of Brand Marketing. Gigi Guerra was formally an editor-at-large at Lucky, and a senior editor at Jane before that. So it turns out that writing for women's magazines does train you for something, and that something is selling pretty shit to women. [WWD, sub req'd]
  
• Madonna's stylist, "B,' on Madonna's next style incarnation: "Madonna's look is going to be more edgy, more fresh  with no more disco." [WWD, 4th item]

• Poor Julianne Moore! Seems she had nothing to discuss with her fellow attendees of the Boucheron 150th anniversary dinner on Monday night, "When I asked if anyone knew who won the Packers-Giants game, you could have heard a pin drop." [WWD, 2nd item]
• L'Oreal has agreed to buy Yves Saint Laurent Beaute for $1.68 billion. [WWD]
• Viktor & Rolf: Now making $109 faux eyelashes for the Shu Uemura brand. [WWD, 1st item]
• People are buying fewer luxury goods. Here's a theory as to why! [FT]
• Taking a page from the Brit handbook  who isn't these days, really!  Jimmy Choo CEO Tamara Mellon is suing her mom. [Reuters]
• Vera Wang's newest fragrance launches in April. It is called Vera Wang Flower Princess. Not to be confused, of course, with her past fragrance, Vera Wang Princess. [BellaSugar]
• We never knew that we had to worry about putting our tongues through detox. [BellaSugar]
• Rebecca Romijn is the new face of Bebe, but frankly we can't stop thinking of her as a tranny ever since she joined the cast of Ugly Betty as a man-turned-babe. [Sassybella]
• Not at the final Valentino couture show yesterday? Watch a video of it here. [Sassybella]

Tatiana mauled two others, now in stable condition. Last December, Tiger Tat ate the flesh off a zookeepers arm during a public feeding. The terrible tigress didn't survive the holiday  she was shot by police.

And speaking of dead animals, luxury purchases were a bright spot on the otherwise gloomy holiday sales front, rising 7.1 percent, "as the well-heeled splurged on $600 Marc Jacobs trench coats and $800 Christian Louboutin shoes." How nice for them.

Racy Santa Cited for DUI [UPI]
Investigators probe killer tiger's escape at zoo [CNN]
Holiday Spending Is Weak, as Retailers Expected [NYT]