Betsey's Retirement, Kanye's Sneakers

Betsey Johnson reports that she's thinking about retiring this fall. She plans to hand over the reigns to Eric Sartori. At least assuming he manages to "Betsey-fy himself," that is. [Cut]
Kanye West's line of sneakers for Louis Vuitton has been delayed, but photos of the $700 kicks can now be viewed online. [Racked]
• Lauren Conrad, Mandy Moore, Jennifer Lopez: These are not very good times for celebrities-turned-designers, as you may have heard. Not that the bad news is stopping J.Lo from launching yet another fragrance, of course. [ABC News, People]

• Remember when Michelle Obama went on a shopping excursion in Paris earlier this month? It turns out some major strings had to be pulled to open stores on a Sunday, and that's now turning into a scandale in France. [NYDN]
• Toy with the Chanel brand at your own risk. [FWD]
• A tour around "It" girl Dree Hemingway's apartment. [Pipeline]
• William Rast, the label co-owned by Justin Timberlake, is now expanding globally and made its London debut this week. [Vogue UK]
• Speaking of very fashionable young men, did you have any idea that 60 Minutes' Andy Rooney was a clotheshorse? It's true. [Flavorwire]