• The Hells Angels is suing Alexander McQueen and Saks Fifth Avenue for selling clothing and accessories featuring skulls. Apparently the Hells Angels believe they own skulls? We guess we wouldn't want to be the ones to tell them otherwise. [NYPost]

• Erin Wasson is reviving her jewelry collection as a cheaper costume line. Let's hope in addition to ditching the $1000+ price point, Wasson also abandons her unfortunate habit of claiming jewelry designer Bliss Lau's pieces as her own. [Elle UK]

Belgian designer Martin Margiela — who holds a spot somewhere between Steven Meisel and Howard Hughes on the spectrum of fashionable recluses — and his namesake company may have parted ways. A member of the label's design team says that the man himself "has not been present since last season."

• Gisele Bundchen garnered an estimated $25 million in the past year, notching up campaigns for everything from Dior to True Religion jeans. Rounding out Forbes' 10 top-earning models list are posers like Heidi Klum, Adriana Lima, Kate Moss and — the sole biracial model represented — Emanuela de Paula. [Forbes]

• Unlike her husband, who plans on doing zero promotional work for his Adidas line, Victoria Beckham is in New York to unveil a new 20 ft Emporio Armani ad at Macy's. [UPI]

• People love Posh's dresses. Net-a-porter.com sold out in one day, and Posh herself stopped by Neiman Marcus to instruct sales associates and top customers in the ways of the frock. Thirty pieces were sold. [WWD]

• House of Style is coming back on MTV! Israeli model Bar Refaeli or L.A.'s own Chanel Iman are rumored to be in the running to fill Cindy Crawford's old hosting slot. [Page Six]

• First Lady Carla Bruni Sarkozy is suing the bag company Pardon for using her nude image (circa '93) on a tote. The text translates to, “My guy should have bought Pardon!" [Telegraph]

Perhaps you have already let out a long woebegone sigh re the news of the two Obama volunteers who barred headscarf-wearing Muslim women from sitting near him at a rally in Detroit on Monday so as not to generate any more photographic fodder for the insane wing conspiracy. I would say this was a low point, but that…

• Everyone's favorite self-hating Jew, Ralph Lifshitz, is the highest-paid "vendor" (what they call "manufacturers" that don't really manufacture) in apparel. No really, it's not just a fantasy image he uses to get you to buy those horrid Big Pony shirts: dude is loaded. [WWD, sub req'd]
  
• Reese Witherspoon is the new face of…