Gisele Bundchen lands her 11th cover for Amercian Vogue's April shape issue.
Richemont is in bids to acquire Net-a-Porter. The Swiss group looks to add the online retailer to stable of luxury goods including Chloe, Alaia, Cartier, and Van Cleef & Arpels.
John Galliano will become the next chairman of London's Fashion Fringe. He follows Donatella Versace.
Rumors resurface that Karl Lagerfeld has not renewed his contract at Chanel and Lanvin's Alber Elbaz will take over as his successor.
Terry Richardson is working on a relaunch of his website "to have films and sell things like T-shirts," according to Richardson. The photographer is also focused on two new books, including a second installment of TerryWorld by Taschen.
Source: Patrick Demarchelier/Vogue
First look at Valentino spring 2010 starring 
The CFDA and Vogue magazine held the sixth CFDA/Vogue Fashion Fund awards ceremony last night at Skylight Studios, where Sophie Theallet beat out Alabama Chanin’s Natalie Chanin, Esquivel Shoes’ George Esquivel, Gary Graham, House of Waris’ Waris Ahluwalia, Monique Pean, Ohne Titel’s Flora Gill and Alexa Adams, Patrik Ervell, Spurr’s Simon Spurr and Wayne’s Wayne Lee. Theallet took home the grand prize—$200,000 and a year of mentorship by an industry veteran. Runners-up, Monique Pean and Patrik Ervell will each receive $50,000 and a business mentor. 
Anna Wintour (along with Mayor Bloomberg and the CFDA) officially announced the return of Fashion's Night Out yesterday with Wintour saying she was "absolutely bowled over by the response" to her 
Although we mentioned the 
Last week, Todd Selby 
Oliver Bonas
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