Hairstyles Reflect the Economy, Bazaar Sells Out
  • Short haircuts are in fashion, which is final, conclusive proof of a global recession, say Japanese researchers. Also, it's the perfect excuse to run a picture of Agyness Deyn, which is good because we don't think we've seen her face ten times yet today. [Independent]
  • WWD claims the haute couture market is immune from the economic downturn, with labels like Christian Lacroix and Chanel selling more than ever to the uber-wealthy. [WWD]
  • The July Harper's Bazaar devotes 40 pages to Gwyneth Paltrow, Elizabeth Hurley, Carolyn Murphy and Hilary Rhoda, the faces of major advertiser Estée Lauder's new perfume Sensuous, raising eyebrows among industry analysts. [NYT]
  • Ever-intrepid Mr. Mickey of Paper leapt out of a cake at the going-away party for Barneys CEO Howard Socol. He was fully-clothed, you'll be relieved to hear. [Paper]
  • Outrage: Heidi Klum copied a Foley & Corinna top she wore in a Times spread for her new capsule collection for Jordache. [Fashionista]
  • In a historic ruling, a French court has ordered eBay to pay LVMH—the owner of Louis Vuitton, Christian Dior and Givenchy, among many other companies—40 million Euros for selling both fake and real goods "outside their desired retail channel." [WWD]