• Gisele is engaged. [People]
• Fur is back. Jean Paul Gaultier, Karl Lagerfeld and Giorgio Armani are among the designers leading the rebellion. [Ind.]
• Despite the recession (and a gazillion lawsuits), American Apparel is one of the few retailers seeing record profits. [WWD]
• Sass & Bide has dropped out of New York Fashion Week. [Fashionista]
• With marketing budgets on the decline, more designers are looking for a boost from Hollywood's awards season. [WSJ]
• Menswear designer Ferruccio Pozzoni is departing Valentino. [Reuters]
• As expected, vacancies are up on Madison Avenue. [Crain's]
• The worst of the worst from the Stephen Sprouse party last week. [Pipeline]
• Rumor has it Elite is cutting both models and bookers. [NYM]
• Blake Lively refuses to wear anything but a size zero. The solution? The Gossip Girl costume department cuts the tags out of larger samples. [FWD]
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Fashion
The Return of Fur, Gisele's Engagement, Blake's Size 0
Fashion
Christian Goes Downmarket, A Messy Cyber Monday
♦ Christian Siriano plans to make it work with Payless: The Project Runway winner is teaming up with the company on a line of footwear and handbags that will launch next fall. [NYP]
♦ Today was Cyber Monday, the day when online retailers kick off the holiday season with super-steep discounts. It didn't turn out to be a great day for Bloomingdale's and J. Crew: both watched their websites crash this morning. [Crain's, USA Today]
♦ In case you forgot to issue your congratulations, Anna Wintour headed off to Buckingham Palace last week to pick up whatever is it you are given when you're named an Officer of the Order of the British Empire. [Vogue UK] More
