Chanel, Louis Vuitton Cut Prices!

One of the recession's teeny silver linings: In an unprecedented move, luxury brands like Chanel and Louis Vuitton are cutting prices for US customers. [WSJ]
Supermodels—they're just like us! Helena Christensen braved the crowds in London yesterday to grab a polka-dot Comme des Garçons cardigan from H&M, and proudly wore it out that night. [Grazia]
Does Agyness Deyn care about the fate of fluffy animals or not? On Wednesday, she DJed at the Humane Society's Cool vs. Cruel ceremony with boyfriend Albert Hammond Jr. But she's apparently not averse to wearing fur on the runway or to non-animal rights events. [Fashionologie]

Jay McCarroll, first winner of Project Runway, identity theft victim, and star of new documentary Eleven Minutes, is unrepentant about having once called Heidi Klum a twat: "I don't really care. I don't owe her anything. She doesn't pay my rent." He also disputes that "vapid" Christian Siriano is the next Marc Jacobs. [Blogcritics]
Tom Ford on dressing the new James Bond: "By dressing him in a very simple way, it accentuates that it looks simple on the surface but it isn't... I do design things that are more extravagant, but that wouldn't be right for Daniel Craig or Bond. Bond wears more of a uniform." [MSNBC]
Cokey model-heiress Alice Dellal wore various kinky getups on the runway at Agent Provocateur's show in London yesterday. [Daily Mail]
Rodarte's Laura and Kate Mulleavy have won the €100,000 Swiss Textiles Award at the Stella Fashion Night in Zurich, where they announced they would soon be branching out into shoes and bags. [Grazia]
A sneak peak at Top Shop spring/summer '09 reveals many hits and hardly any misses. [Style Bubble via Fashionologie]