Clothing by Courtney, Emma For Burberry

• Courtney Love may be incapable of paying her AmEx bill, but that isn't stopping her from launching her own clothing line. Coming soon: "cotton ribbed body suits" and "cashmere harem pants." [Grazia, SW]
• Emma Watson is the new face of Burberry. [Vogue]
Bee Shaffer may be attending posh parties at the Venice Biennale right now, but she's also job hunting at the moment, in case you weren't aware. Then again, she's also interested in studying acting, so she may just do that instead. [FWD]
• Five months after he was kicked to the curb, Fabien Baron is returning to Interview as the mag's editorial director. [WWD, FWD]
• Now's the time to hit up Save Fashion; the festivities end on Friday. [Pipeline]

• Versace has tapped a new CEO to replace Giancarlo Di Risio. He's Gian Giacomo Ferraris, the CEO of Jil Sander. [Reuters]
• Here's one more reason why life must have been pretty miserable for Di Risio. Donatella Versace says she listens to music "continuously all day long," and it's so loud that "people can't stand to be around me anymore." [FWD]
• Christian Lacroix's fashion house is bankrupt and he's now looking for a white knight to bail him out. That does not mean, however, that he's prepared to accept help from just anyone. [Fashionologie]
• Pipeline handicaps the CFDA Swarovski awards. [Pipeline]
• eLuxury is shutting down its retail operation at the end of the month. [Luxist]
• If you're house-hunting in London, you may want to bear in mind that Elle Macpherson just reduced the price of her Notting Hill home. [Daily Mail]
• Heidi Pratt is developing a dry-shampoo line. Yes, it's come to that. [L&S]