• Julia Roberts will become a face of Lancôme, appearing in ads beginning early next year. Roberts earns up to $20 million per film, and could realize a similar amount from her first major beauty contract; the company won't say. [WWD]

• Kate Moss so admired a fellow wedding guest's bracelet that her friend, Topshop owner Sir Philip Green, bought it off the woman's wrist. [P6]
• David Lynch is directing the next Marion Cotillard Dior handbag ad, and he's filming her in Shanghai right now. The video is intended to continue the story of the noirish, Hitchcockian ad by Olivier Dahan the company released in May. [Elle UK]
• Christian Lacroix has announced that he will not be involved with any of parent company the Falic Group's future projects for his namesake label, which was this week allowed to be reduced to a licensing operation by a Paris bankruptcy court. Lacroix had not been paid by Falic since the fall of 2008. The French minister of industry thinks the closure of the house of Lacroix is a travesty. He is trying to use diplomatic networks to contact the most interested-seeming buyer, an Emirate sheikh, "to alert him of the urgency of the situation." [WWD]
• Police acting on a tip raided two Detroit area stores selling counterfeit Gucci, Coach, and Polo clothing and accessories. (One had what it claimed was a $4,000 jacket on sale for $700.) The seized goods would have retailed for about $800,000, had they been genuine. [UPI]
• Silvia Fendi — the lady behind the baguette and the spy and the B Fendi bags — designed new guitars for OK Go to take on tour. The tricked-out Gibsons feature white leather, rivets, and goat fur, and, for that extra special touch, a red-and-green LED panel that flashes with the band's lyrics. "Any time an ‘F' appears in their lyrics, it's our double-F logo," says the bag lady. We need a picture of these guitars pronto. [WWD]
• Proenza Schouler has added e-commerce to its website, Proenzaschouler.com. [Vogue UK]
• Sephora is going to roll out 20 cosmetics vending machines to small J.C. Penney stores that lack full-service Sephora counters. Each machine will offer 50 of the makeup retailer's most popular products. How space-age. [WWD]
• Bottega Veneta is getting into the fragrance game. Expect the first perfume to launch in 2011. [WWD]
• André Leon Talley re-arranged a trip to China to attend the Alvin Ailey American Dance Theater's opening night. Though in his words he would not presume to dance, Talley did express a willingness to go horse riding, some day: "Because the man and the horse are ballet. The communication between the man and the horse in a race, that's sort of a little dance." [The Cut]
• For some reason, it is considered news that Marc Jacobs gave Will Smith a bunch of free clothes to wear during the presentation of the Nobel Prizes in Oslo. You'd almost think Smith was the laureate. [WWD]
• Aw, watching Oprah can make Chris Benz cry. [TFI]

Peter has been ordered to begin paying Seymour, his supermodel wife of 16 years, $270,000 a month in alimony and support for their three children. In the global context, $270,000 — every month — is a lot. That sum could buy 900 operations to repair obstetric fistulas in the third world, or pay for 60 new, clean water wells in Kenya. But in the context of Peter Brant and Stephanie Seymour, it's not very much at all.

According to court filings, Brant, who owns a paper company as well as magazines like Interview and Art in America, has assets of $490 million. His net monthly income this year — a pretty bad year for the media — has averaged just over $1.5 million. What does he spend it on? And might it just be possible to economize a little?

Well, for starters, Brant owns a farm in Connecticut. It's 200 acres, and the main house on it resembles George Washington's mansion at Mount Vernon. He owns "40 some odd" polo ponies, and maintains a fully sponsored professional polo team on the property. (He's disbanding the team and giving away the less valuable horses — that is, the $10,000-$15,000 ones.) The cost of all this? $500,000 a month.

Suggestion: It's a farm. Get rid of the horses and raise some soy beans. Or apples. Or organic heritage grains. Or whatever. Pronto.

Photo of Mount Vernon via Encyclopedia Britannica.

Maintaining his Jeff Koons topiary sculpture, Puppy — pictured here is the Puppy outside the Guggenheim in Bilbao; Brant's is an exact replica — costs up to $100,000 a year.

Suggestion: Invest instead in one of Koons' stainless steel sculptures, or perhaps a nice Anish Kapoor; we're thinking durable, shiny, and most importantly, low-maintenance. Realize extra savings by polishing it yourself.

Image of Puppy via Wikipedia

What's Stephanie supposed to do if she wants to go on vacation? $270,000 wouldn't even cover one week of kicking back, Brant-style: the 150-ft yacht Brant chartered for his and Seymour's kids this summer cost the mogul $300,000.

Suggestion: This paddleboat only costs $3,499.95.


Peter Brant gives $216,000 a month to his foundation, which funds his art museum, which is conveniently located across the street from his house. It features a rotating selection of the many works by Warhol, Koons, John Currin, Elizabeth Peyton, Larry Clark, and Cindy Sherman, that Brant owns.

Solution: Why not hang your pictures on the walls of your 20,000 square foot house? Also, 50 cents will get you into the Met.

Cindy Sherman's Untitled Film Still #7 via official website

Brant spends $30,000 a month on "household supplies." You know, everything from "toothpaste to towels."

Suggestion: CVS sells the jumbo size tube of Colgate Total Whitening for $3.99.

Brant has some suggestions of his own about how Seymour should spend her money. Last month, he alleged she had a $50,000-a-month shopping habit. The divorce court judge says Brant "said he did not understand why she was paying retail at Bergdorf's when she could get clothes, at a discounted price, from the atelier in Paris of their friend, the designer Azzedine Alaïa, who Mr. Brant considers to be the best couture designer of the 20th century."

Do you hear that, Stephanie? Most of us would be so lucky to save money by wearing only Alaïa.

Stephanie Seymour, Peter Brant Divorce Case Reveals Lavish Lifestyle [Stamford Advocate]

[Governors Island, New York; May 30. Image via Getty]

NEW YORK - MAY 30: Polo fans attend the 2009 Veuve Clicquot Manhattan Polo Classic on Governors Island on May 30, 2009 in New York City. Coinciding with the opening of the Governors Island season and the 400th anniversary of New York, the polo match features Britain's Prince Harry who will play for the Sentebale team against the Black Watch team. All proceeds from the match will benefit American Friends of Sentebale, a charity that supports children in Losotho, Africa. The Prince is visiting the States for only the second time as the first was a private visit when he was a child. (Photo by Spencer Platt/Getty Images)

• We agreed we would lie to our kids about our debauched pasts. There will be fewer than eighteen of them, trust.
  
• You could do a lot of debaucherous damage with these crazy underoos from the International Male folks.
  
• We didn't just talk about International Males, we discussed international and race relations, and vowed to try harder.
  
• We also gave some real talk about sex writing.
  
• More real talk: forgetting there's a tampon in your twat.

• We got to know virgin-hoarding cult leader Michael Travesser and his band of wack jobs.
• We got some LOLs out of douchefessionals John Fitzgerald Page and Paul Janka.
• We said goodbye to our own Jennifer, who is departing for greener Polo pastures. She will be missed!
• This weekend, pour one out for all the white wine drinking, on-the-toilet phone talking, track suit wearing mommas out there. Happy Mothers Day, moms; we love you!

• Gisele's agent on that whole "anything but dollars" scandal: "She is based in America, pays her bills in America. She, like anyone else who lives in America, doesn't feel the fluctuation of the dollar until she goes shopping in Paris. She is pretty much here all the time and doesn't feel the difference." Well, now we're convinced. [WWD, 1st item]
  
• Cavalli for H&M goes in-stores today, and you can be prepared for a full report if we do not get trampled. [Vogue UK]
  
• Marc Jacobs did not have a sex change operation. [Fashion Week Daily]
  
• British Harper's Bazaar has released their list of best-dressed women of 2007. The top 10: 1. Natalia Vodianova (model), 2. Thandie Newton (actress), 3. Agyness Deyn (model), 4. Helen Mirren (actress), 5. Lily Allen (singer), 6. Emily Blunt (actress), 7. J. K. Rowling (author), 8. Anouck Lepere (model), 9. Irina Lazareanu (model), 10. Kate Moss (model). Um, really? [FabSugar]

• Our love for Isaac Mizrahi continues to grow: He is set to narrate a new production of Peter and the Wolf being performed at the Guggenheim Museum next month in a collaboration between the New York City Opera and Juilliard. And the show is going to be open to the public. And the tickets only cost $35. [Fashion Week Daily]
• Polo expects to do sucky during the next fiscal quarter. They blame the economy. We blame the fact that they haven't really had a new idea in 20 years. [You mean making your logo the size of a HAND doesn't count as design innovation?? -Moe] [WWD, sub req'd]
• Alberta Ferretti, the designer behind the hyper-femme label Philosophy di Alberta Ferretti, is now going to design an activewear line! And she's naming it PHILO-sophy. Which sounds not active but pretty damn lazy to us. [WWD, sub req'd]
• BlackBook magazine is normally pretty retarded. But their idea to style female models as Karl Lagerfeld, John Galliano, Viktor & Rolf, Vivienne Westwood, Anna Piaggi and our idol Carine Roitfeld is just so awesome. We're suckers for shit like this. Especially when it pays homage to Karl and Carine, all at the same time! [WWD, 5th item]
• Oh, goody, Anya "I am not Dating A Fag" Hindmarch is "expanding her brand." We wish her all the success of Von Dutch, Uggs and Crocs in proving she is so much more than her one ludicrously popular item! [Fashion Week Daily]
• Menswear designer Paul Smith is the only retailer you can turn to if you want to purchase the exclusive, limited edition book by Geoff MacCormack My Travels with Bowie, about his, well, you get the point. We heart Bowie. And so Paul Smith just earned some major street cred in our book. [Fashion Week Daily]
• Sister-of-Jackie-Kennedy-Onassis Lee Radizwell was the Director of Special Events for Armani back inher day. Who knew? [Sassybella]
• Louis Vuitton got all progressive and used a model in its Resort advertising campaign. Oh no! However will Scarlett Johansson survive? [Sassybella]

[Cirencester, England; June 10. Image via INF]