Amazon Launches a Flash Sale Site: The new members only site–a la Gilt and Rue La La–called Myhabit, will host four to six sales each day beginning at noon at up to 60 percent off retail price. The site launches today and scheduled brands include Elizabeth and James, Vena Cava, and Betsey Johnson. {WWD, subscription required}

Inside the Costume Institute Gala: You’ve seen all of the red carpet photos, but Vogue‘s WIlliam Norwich takes you inside the Met for the exclusive party. {Vogue}

Giorgio Armani Designed Vestments for a Bishop: Monsignor Domenico Mogavero wore his designer robes to a church inauguration on the Mediterranean island of Pantelleria where Armani has a home. {Telegraph}

PPR Acquires Volcom: The California skate and surf company joins Puma as part of PPR’s growing mass market division. {WWD, subscription required}

John Galliano Fired His Lawyer: Rumors that Galliano’s lawyer, Stephane Zerbib, had quit are false. He was actually fired due to “irregularities” in his firm’s handling of Galliano’s financial affairs. That’s never good. {Vogue UK}

Edward Enniful’s Vision for W Magazine: Expect the new fashion and style editor to give his editorials a narrative and to feature more young designers alongside the big brands. {Style.com}

Pierre Cardin to Sell His Label: The 88-year-old French designer is putting his label up for sale in an attempt to ensure that the brand outlives him, though he plans to stay on as creative director. The asking price is $1.46 billion. {WSJ}

Missoni is Designing Stroller Accessories: The Italian fashion brand has teamed up with Bugaboo to create colorful canopies and bassinet aprons that all come with a knitted Missoni blanket. The collection will be available in July at Neiman Marcus. {Fashion etc}