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Leonardo DiCaprio was just named the new Tag Huer ambassador. With Brad Pitt's six-year contract expired, he will now be the face of the best-selling Carrera timepiece line for (at least) the next three years. [WWD]
Despite all the back and forth between Bravo and Lifetime, Tim Gunn confirms that Project Runway designers will show at NY Fashion Week. "It's an incredible season. It really is. And I just want people to see it. And I want the designers on the show to get the exposure," he says. [The Cut]
A Valentino spokesperson confirms that he had no connection to Bernard Madoff. Kevin Bacon wasn't so lucky -- but, really, when is he ever? [British Vogue]
Beards have had their day -- it's time for mustaches to reign supreme. Maybe Brad Pitt was on to something when he grew that porn 'stache. [NYT]
Next on the Fashion Week chopping block: Peter Som. He'll no longer show at NY Fashion Week after a split with Creative Design Studios, the subsidiary of Lord & Taylor LLC. [WWD]
And indefinitely off the runway -- Obedient Sons & Daughters. The label decided to close up shop amid economic turmoil. But they're still a darn cute family! [Style.com]
Girl crush alert: Olympic gold-medal gymnast Nastia Liukin for the new Max Azria spring campaign! Bendy! [ONTD]
-- SETH PLATTNER
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