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Model/chanteuse Karen Elson is designing a line of jewelry, shoes and handbags for Nine West, which will launch in select Nine West stores in late August. [WWD]

Stefano Gabbana posted an image of Vogue's new cover, featuring Penelope Cruz, on his Tumblr page. Vogue asked him, in addition to Styleite (who broke the news), to delete the image. [Styleite]

Clare Waight Keller has been named creative director at ChloƩ, replacing Hannah McKibbon. [WWD]

Prices have dropped at the Comme Des Garcons sale -- but mostly "eccentric, out-there pieces" are left, as in "tons of plaid, sequins and prints." [Racked]

One of our favorite swimwear lines Eres is opening a new shop on East Hampton's Main Street tomorrow. [Style File]

New York invited 18 designers and artists to come up with new looks for Lady Gaga. [nymag]
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