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Morning Cheat Sheet: Controversial Covers, Gaga Still Loves Versace, Michael Kors is Worth $2.5 Billion

Congrats to Michael Kors -- again! -- not only is he getting hitched, his company is worth an estimated at $2.5 billion dollars.

To build buzz around the forthcoming opening of Uniqlo's 89,340-square-foot flagship on Manhattan's infamous shopping thoroughfare, Fifth Avenue, the store will be opening a variety of other smaller pop-ups around the city.

Lady Gaga's Versaceobsession continues with this dress from the fall 2011 collection. In Gaga terms, this is a pretty tame outfit.

Kristen Stewartgraces the cover of W Magazine's September fashion issue -- looking very unlike herself.

Anna Wintour and Harvey Weinsteinco-hosted a fundraiser for President Obama last week. We wonder if she had any words of advice for the Mr. O.

A London-based outpost of Gap is being criticized for using mannequins that are just too damn thin.

Gawkerranks the most controversial magazine covers, including Vogue's infamous Gisele and LeBron James.

ASOS is now sellingAmerican Apparel.

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