The Biz: Prada Exits Barneys

Glimpse at Barney’s new campaign featuring backstage shots by William Klein, Nan Goldin and Juergen Teller

Prada and Barney’s part ways and new CEO Mark Lee explains why. Don’t worry handbag lovers, Valextra is taking over the coveted Prada space on the first floor. | NYT

LVMH acquires cult beauty brand Ole Henricksen. Product junkies know the Scandinavian line’s Foaming cleansers and moisturizers, but the LVMH acquisition is set to take them to the next level. | WWD

Big brands like Chanel & DeBeers  combine editorial and advertising with magazines like Town & Country, has the line between advertising and content been blurred? | LuxDaily

Black Swan costume designer Amy Wescott, speaks out against the sisters Mulleavy and their contributions to the costuming of the film. Who really deserves credit for the incredible ballet designs? | Daily Telegraph

Fashion and Tumblr join forces in a big way
with top brands all jumping on the bandwagon. What’s next a tumblr… | Mashable

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