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The axes keep falling at New York Fashion Week. Betsey Johnson and Carmen Marc Valvo aren't showing at Bryant Park, and Donna Karan and Fracisco Costa of Calvin Klein admit to pared down collections. Why even bother in February? [The Cut]
Roberto Cavalli opened his first nightclub in Florence. It's gawdy goodness (pictured) and will likely be overrun with homos in no time. [WWD]
Marc Jacobs skipped out on the Christmas party this year, but his boyfriend didn't. Lorenzo Martone, a strategic planner for boutique ad agency Chandelier Creative, threw a "Recessionista Christmas Extravaganza," featuring a gospel choir, shirtless Santa Claus, a fortune teller and case upon case of Champagne. We're glad to see someone is enjoying themselves despite the economy. [WWD]
The V Man model finalists were announced. Yes -- they're cute. But will they ever be our Petey Wright? No. Never. [Towleroad]
Louis Vuitton has some weird obsession with Easter Island. If you got their Christmas card (we didn't), you'll notice the row of "moai" statues on the front, which further illustrates the link between the French luxury goods firm and the remote Polynesian heritage site. They're starting a fund to help development on the island, and word has it that one of the giant statues will be put in the Tuileries for a fund-raiser they're having for the island. [WWD]
Smell this: Hugo Boss will launch Hugo Element in 2009 targeted at a younger consumer. Jonathan Rhys Meyer will be the face of the label. [Cosmetic News]
Cassette Playa has teamed up with Nike again to launch the CP X Nike Blazer sneaker. It hit London's Dover Market on Monday and costs around 75 pounds or $115 dollars in limited editions. Sneaker buffs would be wise to quickly find a limey to befriend. [WWD]
-- SETH PLATTNER
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