Cindy Crawford pulls Tyra's patented couture pose on the cover of Vogue India's "Icons" issue. Cindy last popped up on the July cover of Elle Germany and made the front of April's L'Officiel. [Design Scene]
Julia Roberts' original deal with Lancôme, signed last December, was rumored to be worth up to $20 million. Now that the actress is renewing for five more years, she's said to be earning a cool $50 million. [Daily Mail]
Betsey Johnson defaulted on a $50 million loan. Steve Madden bought the debt, and as collateral, Johnson put up all of her company's intellectual property — every design, every idea, everything that makes the brand its lovable pink-punk self.
Rodarte's Laura and Kate Mulleavy scooped up the Women's Wear award at last night's CFDAs. In another surprise, the menswear prize was a tie between Calvin Klein's Italo Zucchelli and Band of Outsiders' Scott Sternberg. [WWD]
Venus Williams was awarded with an associate's degree in fashion design from the Art Institute of Fort Lauderdale over the weekend, becoming the first celebrity "designer" to ever get a degree in fashion design. She even got a prize for the "Best Sportswear Collection" and a 3.5 GPA. Also, she has a collection for…