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Fung Brands acquire 80% of Sonia Rykiel. (WWD sub req’d)
Walmart to take majority stake in Yihaodian, a Chinese ecommerce firm to fend off rising competition and seek new revenue sources. Scary.(Fashion Mag)
Diane von Furstenberg is next to design for Gap Kids and the collection is adorable! (Racked)
Lana Del Rey now has a Mulberry bag named after her. Is it bee stung leather? (Grazia Daily)
Watch McQueen Fall 2012 show streaming live on its Facebook Page tonight. ( Refinery 29)