Fashion in 50 Seconds 5/21

Stella McCartney will show a collection at the Liverpool Institute for Performing Arts on June 1. The show is part of a program that will celebrate Liverpool as the European capital of culture in 2008.

Proenza Schouler continues resort season with a collection inspired by loungewear and layering. WWD calls it a collection full of contrast: "masculine, slouchy suit in delicate silk paired with a structured linen coat, and a flimsy checkered beaded dress layered over pajama pants."

Yigal Azrouël is opening a destination store in Water Mill New York. We have no clue where Water Mill is located.

Marc Jacobs thinks Tom Ford was a preppy back in the day. We say Tom Ford can be however he wants to be.

Apparel trends are still dismal. And we mean finances not the actual clothing.

In Soviet Russia Gap clothing wears you! No really, the Gap is opening in Russia thanks to a franchising agreement with Fiba Holding AS.