AP – Barack and Michelle Obama are edging out Hollywood stars on Vanity Fair’s International Best-Dressed List.

The long-expected bad news for Lacroix came on Friday, when employees were told that proposed cuts could effectively reduce the label to a licensing operation. The good news is that it’s still not too late for a rich fairy godmother to swoop in and save the day. So, fairy godmother, whenever you’re ready… [WWD]
The power [...]