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.

Evan Rachel Wood Gets Gucci; Noémie Lenoir Returns To Work

Jenna Sauers

6/16/10 11:30am

Evan Rachel Wood will front an as-yet-unnamed Gucci fragrance. [WWD]

Rachel Bilson Shills Sunglasses; Men's Wearhouse To Open Women's Store

Jenna Sauers

6/09/10 11:30am

Rachel Bilson, the new Sunglass Hut "style director," posed for pictures in, you guessed it, sunglasses. "It's fun to wear [aviators] with something a little more dressy because it adds a little edge to your outfit," opines the actress. [People]

Snowpocalypse Spells Chaos For Fashion Week; Running Shoe Adjusts To Menstrual Cycle

Sadie Stein

2/11/10 12:00pm

While we assume McQueen's death will add gravitas, Fashion Week is off to a farcical start. "Phones not working because of the snow...Girls have had phone problems because they are using them outside. They forget that snow is WATER!" [NYMag]

Annie & Mikhail Pose For Louis Vuitton; Snooki Loves Ed Hardy And Armani

Jenna Sauers

1/22/10 11:30am

Louis Vuitton proposed Annie Leibovitz do an ad as a solution to her financial problems. Leibovitz instead offered her fee to Mikhail Baryshnikov; Louis Vuitton wouldn't hear of it, and ended up paying them both. Rich people: so lucky. [WWD]

Eva Longoria Wants You To Buy The Perfume She's Allergic To; Anna Sui For ANTM

Jenna Sauers

12/22/09 11:30am

Eva Longoria's perfume ad is a total Photoshop of Horrors. "I have always been somewhat allergic to all perfumes," admitted the actress. The scent was produced with the Falic Group, the company that recently shuttered Christian Lacroix. Priorities. [WWD]

Good/Bad/Ugly

Everything Is Beautiful At The Ballet

Sadie Stein

11/25/09 10:30am

We don't often wish we were at these events, but from the impromptu dancing with ballet greats to Natalie Portman's amazing getup to the seriously bizarre socialite-wear, the New York City Ballet's opening night celebration at Lincoln Center looked fabulous.

Catherine Malandrino: For The Beachy, Relaxed, Vacation-Lover In You

Dodai Stewart

9/15/09 6:40pm

French-born Malandrino's event today wasn't a runway show, but a "presentation," meaning models lounged around; editors, buyers and celebs stopped by. What they saw were pieces that looked perfect for a a trip to Tahiti — via Paris.

Mary Looks Less Than Impressed With Malandrino

Anna Holmes

2/19/09 4:10pm

[New York, February 19. Image via Getty]

Naomi Campbell Is Still Mad That Ethnic Models Aren't Working

Jennifer

2/06/08 11:30am

"Linda Evangelista and Christy Turlington would go to big designers and say: 'If you don't want Naomi to be in your show, then I don't want to be in it'...Women of colour are not a trend...That's the bottom line." — Naomi Campbell, still fighting for the cause of models of color. [Vogue UK]

Golden Globes 2008: They Pick The Winners, We Pick The Fashions

Jennifer

1/14/08 10:30am

Last night's Golden Globe Awards garnered some minor surprises (Julie Christie for best actress, drama; Julian Schnabel for director); some major snoozes (the exceedingly-painful televised press conference made us want to do all sort of tortuous things to Billy Bush, especially when he called Cate Blanchett not such a…

Watch Out Christiane Amanpour: Here Comes Naomi Campbell

Jennifer

12/21/07 11:30am

So that's what Naomi Campbell was doing in Venezuela: interviewing Hugo Chavez for British GQ. Now they're sending her to talk to Fidel Castro. Is this a fucking joke? And if not, does she realize the whole Latin American socialist alliance thing is like, kinda last season? [Vogue UK]

First Impressions: Catherine Malandrino's Big Sleeves, Feminine Frocks Make A Pretty Woman Out Of Moe

Anna Holmes

9/08/07 12:44pm

Moe's over at the Chelsea Art Museum for the spring/summer 2008 Catherine Malandrino show. (That's Catherine at left.) Moe may be hungover (she texted us something about 9/11 conspiracy theories at 1:30am last night, so it's likely). And Jennifer is there too, sitting next to Mena Suvari. Here's what Moe has to say. …