Things have gotten so glum over at 4 Times Square that S.I. has hired Michael Sheehan, a crisis manager to try to turn around not only the press on the beleaguered publishing house, but also the spirits of those who still work there, according to the NY Post’s Keith Kelly.

Just to put this in context, Sheehan was the guy AIG went to during its troubled times, and he’s even coached presidents Bill Clinton and Barack Obama.

The idea apparently came from Lucky publisher Gina Sanders, who also happens to be married to a Newhouse (Steven) after she noticed that morale was at an all-time low. Well, obviously. I mean they’ve laid off almost 500 people and closed six magazines. Everyone knows the glory days are gone and there’s nothing fun about that.

We’re just wondering what Sheehan will bring to the table to make the media, advertisers and employees change their doomsday mentalities. We hope it’s more akin to the re-positioning of Barack or Bill, because we still don’t have many warm and fuzzy feelings for AIG.

Be the Last Intern: Magnus Berger and Tenzin Wild’s The Last Magazine needs design and production interns. You need experience and three to five days free to work. {Starworks}

Break It Down: Peter Brant spends $500,000 a month on his polo ponies. He doesn’t understand why his soon to be ex, Stephanie Seymour, spends $50,000 a month on clothes when she could just fly to Paris and take them from Alaia’s studio. And that’s just the tip of their divorce iceberg. {Jezebel}

Sex on Fire Sells: The Kings of Leon have partnered with Surface to Air to make clothes. The Tennessee kids whipped up some flannel, denim and a leather jacket of course that’ll only be available at Copenhagen’s Paris Texas. {Blackbook}

Birthdays & More: Gemma Ward shares her big day with Anna Wintour, though almost forty years later. She was out and about in New York looking almost unrecognizable. {BryanBoy}

Forget the latest phone technology or Prada pumps, Anna Wintour got politics for her birthday yesterday.

American Vogue’s Editor-in-Chief was named to President Obama’s Committee on the Arts and Humanities. She’s joined by a handful of ‘private’ citizens including Sarah Jessica Parker, Edward Norton, architect Thom Mayne and former New York City Ballet dancer Damian Woetzel.

The committee, which works with both the National Endowment for the Arts and for the Humanities, works to achieve “economic revitalization through the arts” and guarantee the arts don’t become an afterthought in America.

We love Anna and we love the arts and we hope time in Washington (if this involves time in Washington) inspires her to get a bit more creative in New York.

We are very happy to hear that Fashion’s Night Out will be back, on September 9, 2010 to be exact.

Before the big night this year, we wondered what it would really be like and if people would indeed shop. As it turned out, many, many did and it was considered a success by most. And according to ShopperTrak, retail foot traffic was up by 50%.

Anna Wintour says, “It was only 15 minutes after the event began, and we were getting reports about lines around the block at stores throughout the city. It was wonderful to see people embrace this initiative, and we are thrilled that they wish it to return.”

Agreed, Anna. Really, FNO was one of the most fun evenings I’ve had in a long time. The city felt alive and united, which I honestly didn’t expect. And the fact that it was the night before 9/11 made my heart swell with New York pride. Plus, I watched dudes shotgun beers in the middle of the Prada store. So there’s that.

No serious details have been announced yet and there’s more than enough time to plan. So what would you do differently in 2010?

“Geez”, muttered a friend Wednesday night. We’re standing in a jam packed club - not even a famous one - heaving with human traffic and queueing for £14 drinks. “What recession?”

Indeed what recession — it’s certainly not in London. After a manic LFW, one would expect everything to calm down for a moment, for the money and champagne to stop flowing. Instead, we’ve experienced a pent up demand to party - and wear the clothes \ we so innocently bought during fashion month.

The action’s hot and heavy: this week alone saw the bash celebrating the Juicy Couture store opening (which shares a block with Matthew Williamson & Stella’s store), the Tatler 300th anniversary party and the Vogue/Bulgari party. Last night, Alasdhair Willis (Stella’s husband), threw an intimate do at his Duke Street gallery, while Cindy Crawford launched her Omega collection at the Almada club (where Anna Wintour made her LFW date with Chris Kane). The latter drew the most stars yet including Lily Allen, Rosie Huntingdon Whiteley and Jasmine Guinness whilst Rhys Ifan flirted outrageously with model du jour, Tolula Adeyemi.

Best Of: Now that Fashion Month is actually and officially over (too many forgot about Giles yesterday), the best of the month’s fashion’s been rounded up for your viewing pleasure and consequent envy. {Style}

Watch Out: Just in case you were trying to ignore her, two days after Becka Diamond was named NylonTV’s newest host, the actress is Who What Wear’s Girl of the Month - a coveted title that means she’s not going anywhere. {WWW}

Real or Rubbish: There’ve been a few whispers suggesting that once Condé Nast finishes their 25% cuts, they’ll bring Elle on board from Hachette. In that case, does Condé own every mainstream fashion magazine? And imagine a holiday party at which Katie Grand, Anna Wintour and Joe Zee all answer to the same boss. {FWD}

Cat’s Meow: We’ve missed you this season, Catherine McNeil, though you look perfectly content posing for Greg Kadel in Vogue Italia. {Models}

No Models? Mon Dieu!: German magazine Brigitte’s banned professional models from its pages. They say they’ve been using Photoshop to fatten up girls for years and they give up. So from now on, it’s “real women” only. {The Guardian}

Style Like Me: We’ve mentioned it before, but stylist Elisa Goodkind’s awesome blog jumps into closets across the city (and its outer boroughs) in search of inspiring wardrobes. Today, ogle over Becka Diamond’s Chanel pumps and Rick Owens jacket. {StyleLikeU}

Don’t Stop Believin’: It’s the song that never dies. Apparently Kate Moss was accosted in the street by a Journey-loving thong-wearing gentleman after Simon Cowell’s 50th birthday party. And this is where our moms would tell us nothing good happens after 2 am. And we would disagree.{Page Six}

In which we catch those of you, and those of us, who spent the weekend outside, away from a computer or on a phone-cation, up on the fashion Twitterverse.

1. “I don’t get it,” from @jess_stam. She’s new to the world of tweets, give her a warm welcome!

2. “A Lanvin ‘snow sprite’ cashmere elf hat. It kind of makes me feel like skipping,” from @bunnybisous who appears to have been stranded uptown in the rain.

3. “Got sandwiched between Vogue’s Sally Singer and Anna Wintour to my left and Michael Roberts and Suzy Menkes to the right,” from @bryanboy at Dolce & Gabbana. A better view of their reactions, here. Sally looks amused; Hamish looks dangerous.

4. “Is it possible to have fashion sensory overload? Tell me no. I have 10 more days and another city to go,” from @mrjoezee. Yes, yes there is sir.

5. “Spotted on the front row at Versace…..Janet Jackson,” from @dazedmagazine. She sure pops up in the strangest places.

The second biggest talking point of London Fashion Week, post-Fast, appears to be this picture of Anna Wintour and Alexa Chung front row at Twenty8Twelve.

I was sitting there, staring at the back of Anna’s head and wondering how her hair stays so strangely perfect, when Alexa and Pixie Geldof walked in. Anna kept her head down and sunglasses on as the PR tried to sit the it-girl duo next to her. Alexa pushed Pixie, Pixie pushed Alexa, someone even pointed at Anna until finally Alexa got stuck sitting next to her and Pixie moved closer to a red-headed Peaches.

I would have loved to see what happened if Anna had to sit next to a platinum, dirty-haired, ripped tights-wearing Geldof, but she graciously looked up at Alexa, shook her hand and laughed.

So I think that face she’s making has more to do with the clothes than Alexa (after all she is this month’s Vogue it-girl), because while I loved all the denim and corsets and rompers and boyfriend shirts (and Alice Dellal’s full head of hair), the collection didn’t exactly scream Vogue.

(Ed. Note: Excuse us while we rewind a bit. We were anxious to get Burberry up as soon as possible, but we’ve still got a few pre-extravaganza things to discuss.)

There’s something about Christopher Kane where at first, you’re flummoxed by the collection, but then comes the slow burn. In time, you learn to understand and then grudgingly like it. Eventually, you don’t just love his pieces, but covet them ardently. We’ve been doing this dance with Kane for a few years now, so this time around we just went straight for the covet.

We were besotted from look one.

Kane reeled us in through simple nostalgia with the delicate pale pink gingham and beaded details. We’d bet every girl in the room (including Anna Wintour, Donatella Versace, Natalia Vodianova and randomly, Joan Collins,) returned to their five year old self, begging their mother for a pretty pink gingham picnic dress. Kane perfectly captured that sentimentality. Then he hit fast forward to adolescence, where girly-ness gave way to womanhood and a boned bust took root inside the gingham.

After Isaac Mizrahi’s show, the designer ran around his Bryant Park set smiling, waving and blowing kisses and even Anna Wintour broke out into a toothy grin (seriously!).

There really couldn’t have been a better note on which to end New York Fashion Week than his theatrical production complete with studio lights and rain.

His models - Karlie, Iris, Tao, Eniko, Natasha - wore candy colored confections in tulle, fringed sequins and sheer swiss dot. They climbed stairs, walked under water and smiled wide in their classically tailored clothes paired with wooden briefcases and sun hats. There were Oscar gowns and rompers, suits, youthful cocktail dresses and glorious shoes. Maybe we were just exhausted, but it felt almost magical.

Marc has instilled such fear in me that I still insist on being punctual to shows even though I always (90% of the time) end up waiting 45 minutes.

So with coffee in hand I sat and watched Mark Ronson DJ for a good fifteen minutes until Rachel Zoe arrived and I could stare at her equally gorgeous nude Alaia wedges. Then I pondered Anna Wintour’s security guard. Has she always had him? Does she need him now that’s she’s a movie star? Was it for the mega necklace she was wearing over her beige dress? Bee sat next to her and I wanted to ask if she made it home with as much random candy as a I did post-Courtney Love. Olivier Zahm ended up on the floor next to Genevieve Jones, but after last night’s debaucherous Purple party I’m kind of impressed he made it at all.

We sat on pink chairs, like last season’s LV shows, in a salon set up while the models walked down a plush pink carpet. A retro, sexy stewardess look kicked everything off - including see-through plastic trenches and maribou furs before Zac went for disco with long pleated dresses and vibrant prints. Rachel Zoe was on, “I die” repeat in my head. That J. Alexander was backstage instructing the girls was clear - they pranced down the carpet with hands in the air stopping and twirling twice before hitting the pit.

It was the best Monday morning I’ve ever had.

Alexander Wang’s SS10 collection, the one he said could be summed up with ‘perv,’ couldn’t have been less pervy than everything he’s done before.

This one had color - red and white stripes, khaki green - tinsel, capes and letterman sweaters. His all star models including Frankie Rayder and Karlie Kloss (Erin Wasson sat front row instead) stomped down the cement runway at Pier 94 like a football team taking the field, only in animal print wedges instead of cleats.

Speaking of the venue, it’s massive size was surprising considering how many it girls Wang refused to allow into his show. In their place sat Rachel McAdams, next to a bored looking Anna Wintour, in a black and white bandage skirt and slouchy black tee. If Wang wants the Lindsay’s to stop loving his clothes in favor of the Rachel McAdams of Hollywood, we’d suggest fewer crop tops.

On the way out we heard, “Best yet,” and “Who knew he had that in him?”

—PHOTOGRAPHY BY JEREMY KOST

Sneak A Peek: Here’s a sneak preview of the Natasha Poly-centric Muse, hitting New York’s news stands on September 10th. It features Craig McDean, Riccardo Tisci, Jeff Koons and Terry Richardson. If ever there was a time to try to replicate those lips, it’s tonight’s Paper party. {Models}

Jeepers Creepers: Yes, all fashion girls swoon for Yigal Azrouel. He’s gorgeous, makes brilliant clothes and is the only straight man for miles. But this woman, who told the Post she likes to try on clothes in his store just to be naked in the same room as him, is far too enthusiastic about the whole thing. {NYPost}

PughHoo!: Gareth’s coming to New York. The Brit will show his full collection in Paris - no word yet on whether he’s reverting back to runways or sticking to last season’s video format - but before that he’ll swing by Milk Studios and offer a peek of his SS10 collection this Saturday night. {Style}

Everyone’s psyched for Fashion’s Night Out, but everyone’s worried that no one’ll actually shop - or we were worried until we saw the official PSA.

You’d be hard pressed not to break out your wallet after listening to Sarah Jessica Parker beg and watching Diddy dance his way across the screen. Anna Wintour laughs, which is becoming less unusual, and Raquel Zimmermann hangs onto Alex Wang like a monkey to a tree and they’re all SO excited.

Suddenly, it makes sense to shell out for a PS 1 if Jack & Lazaro help pick the color or splurge on Elizabeth & James when Ashley tells you what fits best - especially since the night before Fashion Week all anyone wants are new clothes. Anyway, now we think this’ll be successful, and by successful we mean lucrative.

The official PSA, above. Outtakes, after the jump!

We just asked RJ Cutler (who you should know by now directed The September Issue) if there were any similarities between the way Vogue is run and the way the ‘92 Clinton campaign (the subject of The War Room, which he produced and we very highly recommend) was managed. This was his answer:

“The similarity I would focus on is one of leadership—people who are passionate about what they do and are doing it under high stake circumstances. It’s a good way of describing Anna Wintour. It’s a good way of describing James Carville. And George Stephanopolous. And Grace Coddington. Though they certainly dress differently.”

Last night marked Anna Wintour’s television debut.

Vogue’s editor-in-chief landed on Letterman’s Late Night couch to promote The September Issue and Fashion’s Night Out and though CBS billed the segment as “The Devil Meets Dave,” she was, dare we say, delightful.

She starts out recommending that Dave explore Thom Browne, “He cuts his pants like really short, so you can focus entirely on the socks,” before bantering back and forth about the film, the economic state of the fashion industry, her relationship with Grace Coddington and her icy reputation. Despite looking nervous, she holds her own and even Dave seems impressed.

The best bit’s after the movie clip when she desperately tries to hold back laughter.

We know you spent last night in front of the TV, but prepare to park yourself there tonight, too.

Before Anna Wintour’s late night debut comes the second season premiere of The Rachel Zoe Project and here’s a new clip to get you even more excited for fluffy dresses and Brad’s bow ties.

It’s the day of the Golden Globes and even though Rachel’s studio’s so stuffed with shoes and dresses that no one can move, she hates it all. Life’s rough when you’re trying to make sure Anne Hathaway always looks “new and exciting” now that she’s “exploded” into a major movie star.

Fashion’s Night Out just released their prolific schedule for September 10th.

Seven hundred stores across all five boroughs will stay open until 11pm, but Anna Wintour, Michael Kors, a surprise celebrity guest and the cast of Hair will kick everything off at Macy’s six hours earlier.

At Barneys, Wool & the Gang will teach knitting while Scott Hahn & Rogan of Loomstate customize t-shirts. Zac Posen will be painting inside Bergdorf’s Fifth Avenue windows while Peter Som and Cynthia Rowley have an in-store cook-off. What are we most looking forward to (aside from the Olsens)? A fashion game hosted by Andre Leon Talley with teams led by Donna Karan, Robert Verdi and Linda Fargo.

Various contests will be held throughout the night in which one can win tickets to runway shows, haircuts by Sally Hershberger and Oscar Blandi, a custom Carolina Herrera wedding dress and the chance to be on set during a Demarchelier Vogue shoot. Cindy Crawford, Hugh Jackman, Stephanie Seymour, Sasha, Caroline, Chanel, Lily, The Misshapes, Taylor Momsen, Yasmin le Bon, Coco and Diddy are just a few of the people with planned appearances.

Don’t forget to shop while you’re out ogling your favorite fashion people!