The LES Goes On Sale, Rihanna Sports a New Look

• A group of 21 stores on the Lower East Side are coming together to offer a weekend of discounts in honor of the (capsule) trade show that's currently underway. [Pipeline, Cut]
• Modeling rates really must falling: A Hugo Boss model has been charged for taking part in the robberies of 15 gas stations and delis. [NYP]
• Eddie Bauer will survive, after all. A private equity firm is buying the company out of bankruptcy for a whopping $284 million. [BN]
• Rihanna half-shaved her head this week. Exciting! Don't think for a moment, though, it was an original move on Rihanna's part, says an outraged Joe Zee of Elle. [People, Twitter]

• Can we interest you in an official Sex and the City watch? The four styles match the different characters from the show. And they're just $650! [Luxist]
• The Crocs shoe company is facing bankruptcy. Mario Batali weeps. [WP]
• Dolce and Gabbana make make a cameo in a Madonna video. [WWD]
Marc Jacobs and fiancé Lorenzo Martone may head to the Greek islands or the coast of Turkey for summer vacation, in case you're interested. [FWD]
• Here's an encouraging sign the recession is easing: Versace just opened its largest boutique in the Middle East inside a mall in Dubai. [WWD, release]