• Is Barneys headed for bankruptcy? Once again, some are suggesting the retailer may go bust, or at least be forced to partner with another company. And once again, Barneys' owner, Dubai-based Istithmar, is reiterating that it remains "fully committed" to the chain. [BN, AP]
• Every other celebrity has a clothing…
• Kelly Cutrone says normally at this time of year she'd be flying in a chef from India to cook for her. But this Fashion Week she's cutting back on account of the recession. Bring us a tissue! [WWD]
• Arnold Scaasi did not like Jason Wu's gown for Michelle Obama: "I don't think the inaugural gown was flattering in…
• Domenico Dolce and Stefano Gabanna are playing priests in Rob Marshall's new movie, Nine. Yes, that's right, priests. [WWD]
• McDonald's is the official coffee of Fashion Week. Yes, that's right, McDonald's. Free espresso all week, folks! [AdAge]
• Did Saks screw up retail forever when it slashed prices last…
• Kanye West's very colorful line of Louis Vuitton sneakers made its grand debut in Paris yesterday. [WWD, SW]
• Jason Wu talks about Tuesday night's inauguration ball excitement and what he was eating (a pepperoni and mushroom pizza from Domino's) just before Michelle appeared on stage. [NYT]
• Taiwan is…
♦ Rihanna appeared in the front row at the Gucci show in Milan yesterday and said she plans to launch a clothing line of her own. [WWD]
♦ Robin Givhan reports on a Tod's dinner in Milan with Gwyneth Paltrow (the face of the brand), Derek Lam, and Thakoon Panichgul, who, reports Givhan, was "still giddy" from…
