Burberry's sales are on the rise! The UK company posted a 27% increase in first-quarter sales. Could we love Christopher Bailey any more? [Businessweek]

Prada has taken a $455 million loan that will hopefully pull the company out of its long-standing debt. [WWD, subscription req'd] 

Today marks WWD's one hundredth birthday! The site takes us through the years with a slideshow that captures the paper's ever-changing looks. [WWD

Vogue Italia is holding a Twitter contest. The winner will get to spend a day at the magazine's headquarters in Milan! [Vogue.it]

The girls of Refinery 29 round up five summer trends that can easily carry over to fall. Transitional dressing at its best! [Refinery 29]

Audrina Patridge is the new face of Bongo, which will only be sold in Kmart and Sears. Girl's gotta make a living now that The Hills is over. [NYMag]

Michael Kors will open another store this holiday season in the West Village, more specifically,  on the corner of Perry St. and Bleecker St. [Racked

Photographer and blogger Garance Dore lists the fashion slang terms she wants banished forever. We're guilty of using pretty much all of them. [Garance Dore]

The NoHo Urban Outfitters location on Broadway has re-opened after it caught fire yesterday morning. [Racked]

Tune in to Showstudio this afternoon for a live in-studio interview with Jack and Lazaro of Proenza Schouler. [Showstudio]