Irina Aleksander dissected Blake Lively's decidedly non-haphazard ascent up the fashion ladder. [NYT]

WWD also profiled her this morning. 

Here's a fun rumor: Apparently Kanye West has applied to study fashion at London's Central St. Martins. [Racked]

Real Housewife of New York Bethenny Frankel is designing a shapewear line. [WWD]

Why hello there Gisele Bundchen's new spring campaign for H&M. [Fashiongonerogue]

LVMH Moet Hennessy Louis Vuitton has acquired a majority stake in Bulgari. [WSJ]

Here are eight new designers "headed for stardom." [Refinery 29]

Skate line Supreme has teamed up with Playboy on a limited edition collection of menswear. [Slamxhype]

Singer Marina Diamandis of Marina and the Diamonds is the new face of Max Factor cosmetics. [Coco Perez]

John Galliano got the SNL treatment over the weekend. [Styleite]

In case you were curious, Alexander McQueen's fashion house will not be making Kate Middleton's wedding dress. [Toronot Sun]

Kardashian hanger-on Scott Disick wants to make "the walking stick" a trend. [TV Squad]