• Polo Ralph Lauren has been hit with a lawsuit for stamping the word "lifeguard" on clothing without permission. Another company is claiming it trademarked the word years ago. [NYP]
• As expected, Escada filed for bankruptcy protection in a German court today. [Bloomberg]
• Is Bravo renewing The Fashion Show for a…
• Cintra Wilson is not impressed with the NYC's very first JCPenney: "Why would this perennially square department store bother to reanimate itself in Manhattan—in the sleekest, scariest fashion city in America—during a hair-raising economic downturn, without taking the opportunity to vigorously rebrand itself?"…
• Kate Moss is teaming up with Topshop boss Philip Green and Simon Cowell to launch an entertainment conglomerate that will "rival Disney." At least that's what one British newspaper is reporting. [Daily Mail]
• Sad: Escada may be forced to file for bankruptcy in the near future. [Vogue UK, Fashionista]
• Sadder:…
