Pretty Woman Makes Money; Sephora Soon To Hit Vending Machines

• 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]

Lily Allen Quits Music For Fashion; Obama Breaks With Presidential Dress Code

• Lily Allen told a British radio show that she is quitting performing for two years to open a boutique called Lucy In Disguise. She's also going to found a record label. [Elle UK]

Whitney Disses Lauren; Maria Sharapova Wants A Clothing Line

• Whitney Port isn't in Kell On Earth. And on Lauren Conrad: "We still keep in touch on a friendship level. But in terms of fashion we don't really talk about it anymore because we're not in the same arena." [PopEater]

Lacroix Is Dead; Watch Out, Kelly Cutrone Is Coming

• A French bankruptcy court has backed a plan that will cut 90% of Christian Lacroix's staff, and reduce the 22-year-old house to a licensing operation. [ToL]
• None other than Simon Doonan is decorating the White House for Christmas. [NYTimes]

Karl Makes Over SpongeBob; Kate Moss Wants Photographic Proof She Eats

• Karl Lagerfeld gave SpongeBob SquarePants a makeover for a charity auction, resulting in this little charmer, which sold for €1,000. [WWD]

Yoko Ono Fetes Beatles Fashions; Louboutin Stuffed Shoes With Raw Meat

• Yoko Ono turned up to the Tokyo launch of Comme des Garçons' Beatles-inspired line. [WWD]
• Christian Lacroix may not have a confirmed buyer for his bankrupt fashion line, but he will design a tower in Dubai. [AB]

No Blake For Beckham; Supermodel Puts Photos On Display

• Victoria Beckham's team always denies the best rumors. Blake Lively, apparently, will not be the face of her next campaign for the dress line. [UK Vogue]
• Helena Christensen's photographs of climate change in Peru are being exhibited in London. [BBC]

Michelle's Jewelry, Zac's Lower-Priced Line, & Claudia's Cashmere

• Michelle Trachtenberg is designing a line of jewelry for Coach's Poppy brand. Expect "colorful crystals." [WWD]
• Zac Posen is doing a lower-priced line, Z Spoke, which will be available exclusively through Saks Fifth Avenue come spring. It starts at $78:

Posh Spice Wants Shoes; Top Chef Spurns Cavalli

• Victoria Beckham might be adding shoes and accessories to her dress collection, because she's apparently sick of advertising other designers' goods. [Sun]
• Fergie says she wanted her Avon scent to smell "fresh, and yet modern at the same time." [People]

Jean-Paul Gaultier Right On Target; Mad Men Women's Wear On Its Way

• Jean-Paul Gaultier is doing a collaboration with Target that will hit stores next spring; stay tuned for pricing information and images as they inevitably leak. Please let there be lingerie-as-outerwear! [WWD]
• Agyness Deyn might star in a short film. [P6]

Peoples Caught In Mad Men Craze; SJP For Halston?

• Elijah Wood and Shirley Manson star in a new ad campaign for Oliver Peoples Spring 2010 Resort Collection. Hate to say it, but in this Mad Men-inspired campaign, both come across as a poor woman's Joan & Don. [Black Book]

Gisele Loses Baby Bump Thanks To London Fog

• This is what Gisele Bundchen looks like, pregnant — only not, because London Fog retouched her stomach flat again. Is this the world's first prenatal airbrushing? [WWD]

Vogue Might Get Makeover; Lily's Chanel Ads Are Out

• 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]

Michelle Cool In Kors; Will Christian Lacroix Be Saved?

• Michelle Obama wore Michael Kors to celebrate the National Design Awards winners on Friday. "What I love about design is the artistic and scientific complexity that becomes useful," said the first lady, to a crowd that included Francisco Costa. [WWD]

Sister Christians: Siriano Partners With Starbucks; Lacroix May Be Saved

• Christian Siriano is collaborating secretly with Starbucks. He won't say on what, but isn't speculation fun? Maybe he's changing the uniform to something fierce, with ruffles. [The Cut]

Kate's Balmain Copied; Punky Brewster Does Kids' Clothes

• The UK supermarket chain Asda has knocked off the Fall '09 Balmain dress that Kate Moss wore out dancing — and burst the seams of — two months ago. Asda's version costs just £16. [Telegraph]

Jackson Family Fashioned In Versace; Kaiser Karl Disses Audrey Tautou

• Michael Jackson's entire family — including the kids — reportedly wore Versace to his memorial service yesterday. The singer was a longtime admirer of Gianni Versace's work, and LaToya Jackson contacted Donatella Versace to arrange for the custom outfits. [InStyle]

Christian Lacroix Couture Show A Blitz Of Somber Creativity For Dark Times

'90s Supes Are Unstoppable; Christian Audigier Picks On Posh Spice

• 42-year-old Kristen McMenamy, whose deeply unconventional beauty shone in many of the most memorable fashion photographs of the early '90s, was chosen by Steven Meisel for the new cover of Italian Vogue. [FWD]