Phoebe Philo Makes 'Time' 100, Saks Moves Downtown, Terry Richardson Accusation May Be Fake

And Emma Stone makes a flawless hair transformation.
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Eliza Brooke
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And Emma Stone makes a flawless hair transformation.
Terry Richardson. Photo: Getty

Terry Richardson. Photo: Getty

Was the latest Terry Richardson sex scandal a hoax? The photographer hired an "online forensic expert," who offers evidence on why it may have been. {Page Six}

Big news for Kering (owner of Saint Laurent, Balenciaga and other luxury businesses): The conglomerate beat quarterly estimates and is restructuring its luxury division as its managing director is leaving the company next month. {Bloomberg}

From the coordinated pink outfits, to the Playboy Bunny costumes, to the sexy Santa suits, clothing played an integral storytelling role in "Mean Girls." The iconic movie's costume designer reflects on the job ten (TEN!) years later. {Nylon}

Lucky may be alive and well, but Ladies Home Journal isn't: It's folding after 131 years in print. {Ad Age}

Etro is bringing the design of its shoes in-house, causing us all to wonder if we'd ever realized that they were not made by the brand. {Fashionista Inbox}

Emma Stone, who recently went back to the red hair that we know and love (praise be), steps out with new bangs and ombre. {Us Weekly}

Uptown mainstay Saks Fifth Avenue is looking to get a bit more downtown with, yes, a downtown location. {WWD}

Diet Coke may have already established itself as the fashion set's favorite non-alcoholic beverage, but that's not going to stop Pepsi from trying. The soda company is collaborating with designers on a new collection. {WWD}

"Modern Family" star Sarah Hyland puts her baby face to use in a somewhat terrifying doll-inspired shoot for Flaunt (which is kind of reminiscent of Kirsten Dunst's Miu Miu ads from back in the day, no?). {Huffington Post}

Kate Middleton and Prince William's unofficial impersonators, who also happen to be in Australia this week, are raking in big money. {New York Post}

Phoebe Philo, Christy Turlington and Natalie Massenet made the list of Time's 100 Most Influential People. Oh, and so did Miley Cyrus. {Time}

Pretty thrilling: Steven Alan has teamed up with Dr. Scholls — he of the orthopedic shoe inserts — on a line of shoes for summer. {Refinery29}

You thought your shopping addiction was bad? Here is one woman's harrowing account of dating a "hypebeast." {Complex}

Looks like Gwyneth Paltrow has some competition. Reese Witherspoon's lifestyle company now has a name, "Draper James," and will be opening up a retail location next year. {E!}