Hollywood Cuts Back, The Anna Preview

• Believe it or not, but some celebrities have been forced to wear the same outfit twice now that we're in the middle of a recession. Or (like Lindsay Lohan, left) they're now passing their hand-me-downs to family members. Sad times, friends, sad times. [NYDN]
• A preview of the 60 Minutes segment on Anna Wintour (which airs Sunday) is online for your viewing pleasure. [NYM]
Phillip Lim is expanding into bathing suits, shoes, and lingerie. [Pipeline]
• A visit to Betsey Johnson's house in East Hampton. [Hamptons.com]
• Matthew Williamson's second H&M collection hits stores tomorrow. [Racked]
• Catfight! A roundup of fashion's biggest feuds ever. [TDB]

• You'll be hearing a lot about Alexa Chung over the next few months, assuming you haven't already, that is. [Pipeline]
• Philippe Starck is designing a line of cashmere sweaters. [Fashionista, Luxist]
Annie Leibovitz took home a lifetime achievement award from the International Center of Photography on Tuesday. [WWD]
i-D magazine is going from a monthly to a bi-monthly. [Fashionologie]
• Damien Hirst defaced Kate Moss for the cover of the new issue of Tar. [MB]