Cityfile: New York's Most Notable and Influential

• Gwyneth Paltrow's efforts to redeem her good name continue, it seems: She's clearing out her closet for spring and auctioning off the items on eBay. Proceeds from the sale of her Jimmy Choo heels and Valentino handbags benefit the Robin Hood Foundation. [GOOP, SW]
• Victoria's Secret is facing several new lawsuits over "rash-inducing bras." [NYDN]
• Thanks to the recession, more and more women are turning up to salons for free trainee cuts, not surprisingly. [NYT]
• East 45th Street is "Paul Stuart Way" no longer. [NYP] More

• Lindsay Lohan's self-tanning mist, Sevin Nyne, launches on April 15. And she even has an elaborate website set up to mark the big occasion. [NYM]
• Kanye, Pink, and Salma all turned out for the Stella McCartney show today. Kanye likes his coffee with "mad cream and sugar," on the off chance you were wondering. [WSJ, Telegraph, Fashionista]
• Quelle horreur! PETA activists tore Carine Roitfeld's Balenciaga gown outside the JPG show! [SF]
• Karl Lagerfeld's Chanel show takes place tomorrow. And everyone will be there, naturally. [NYT, Grazia]
• Yves Saint Laurent has turned its first profit in a decade. [FT]
• Reviews of some of the other shows at Paris Fashion Week. [NYT]
• It's looking likely that Peter Copping will take over at Nina Ricci. [Fashionista]
• Kate Moss will be in NYC for Topshop's opening on April 2. [DM]
• Conspicuous consumption is no longer cool, reports the Times, in the event you've missed the 2,243 articles on the same subject up 'til now. [NYT]

YSL Sale Sets New Record | The sale of Yves Saint Laurent and Pierre Bergé's vast art collection has ended and the final sales tally is in. All told, the Christie's event took in $484.6 million, making it the biggest private art auction in history. If you missed the action in Paris and you're a bit bummed about it, do note that Bergé says he now plans to sell Saint Laurent's former apartment on Rue de Babylone. You couldn't find a pied-à-terre in Paris with a more impressive pedigree if you tried! [WWD]

YSL's $28 Million Chair | At least some people are still shopping! "A leather armchair once owned by Yves Saint Laurent fetched 21.9 million euros, or $28 million, at the second night of Christie's auction of Mr. Saint Laurent's art collection. The price made the chair the most-expensive piece of 20th-century design sold at auction. The buyer was Cheska Vallois, the dealer who sold it to the French designer in the early 1970s." [WSJ, Bloomberg]

Record Prices at YSL Auction | The recession hasn't killed the art market, after all. Buyers defied the downturn as Yves Saint Laurent's art collection hit the auction block last night. Record prices for works by Matisse, Brancusi, Mondrian and Duchamp were set, and Christie's raked in $264 million on the first night alone. So who were these buyers spending big bucks? Here's a clue: "Among the last-minute VIP visitors to the exhibition hall, just four hours before the sale, was Russian billionaire art collector Roman Abramovich, accompanied by dealer Larry Gagosian. Christie's owner French billionaire Francois Pinault, was present at the sale." [NYT, BN]

YSL Auction Opens in Paris | The hotly anticipated auction of the collection of Yves Saint Laurent and Pierre Bergé begins today in Paris. Can't be there to in person to ogle the works by Picasso and Matisse? Christie's, which is spending a record amount to promote the auction, has posted hundreds of photos to Flickr. You can take a look around after the jump. More

At the annual Sidaction AIDS benefit dinner in Paris last night, Carla Bruni, in purple strapless satin Yves Saint Laurent, did what she does best: reveled in the spotlight and upstaged every other dolled-up female—Mischa Barton, Vanessa Paradis, Diane Kruger, Dita von Teese, Milla Jovovich, Laeticia Casta, Dasha Zhukova, Virginie Ledoyen—in the room. More

• A new shade of lipstick created in honor of Michelle Obama is a "shimmery bronze that works with many skin tones." Alas, "adorable daughters and hot, incredible husband not included." [Nylon]
• Burberry's spring ad campaign features an all-Brit cast including Lily Donaldson. [Vogue UK] 
• Is ID Models finished? [Fashionista]
• The new Kelly Cutrone reality show will track her as she "tries to get clients into top-tier publications," makes phone calls, and books photo shoots. [NYM]
• More details on that cap André Leon Talley's been wearing: He purchased it from a man selling stuff off the back of a truck who was "wearing a peacoat embellished with no less than a diamanteé Obama silhouette." [stylefile]
• Photos of some of the YSL items going up for auction early next year. [VF]