“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.

Everyone’s talking about Tavi.

The thirteen-year-old StyleRookie (or not) covers Dasha Zhukova’s first POP. She’s also inside, and on one of the promotional images of Katie Grand’s second LOVE.

Damien Hirst’s illustration (at left) made us gasp, while Grand’s editorial made us “Aw”; while we worship the ground Katie walks on, now we’re actually excited to see what Dasha’s done.

Which do you prefer?

POP This: Here’s your first peek at Dasha Zhukova’s POP. Looks good so far, and love anything that pairs “Margiela with Westwood, McQueen against Watanabe’s padded extravagance,” though she should stop defending herself. {Fashionologie & Interview}

Fall, For Serious: Candy & her team at Style just released their fall trend report. We’ll avoid Party Like It’s 1983 since we just barely missed that the first time around, but fully embrace Boudoir Crossing and Biker Brigade. {Style}

Rad Rad: If you’re not yet familiar with Rad Hourani, get thee to a lookbook. The dude’s going to be major. {Jak&Jil}

Biggie, Biggie, Biggie: Just how many of these bracelets on one arm would be too many? We can’t make it past the jewelry counter at J.Crew lately. Seriously, someone is doing their job very, very well. {J.Crew}

Model Citizen: Meet Damaris Lewis. She’s from Brooklyn, she’s eighteen, she’s the face of YSL and after watching this, you’ll want to eat pizza with her. {NylonTV}

If Daphne Guinness sounded like she was distancing herself from the POP project after the world pretty much laughed at Dasha Zhukova’s appointment as editor-in-chief, it’s because she, apparently, really was.

Yesterday, in regards to her involvement with POP, she told Derek Blasberg that she would like to “emphasize that I’m completely neutral here—I’m a free agent! Fashion is my family and I love everyone just the same.” It sounded weird, but ok.

And now today, she’s blogged on the Starworks site that “it was so FUNNY to read on the web that I am on the new board of POP Magazine with Dasha Zhukova and my friend Ashley Heath. It was flattering but not true I am afraid. It came as a complete surprise. A complete misunderstanding! That is the nature of the web.”

Guess the web - er, the Guardian, actually - got it wrong…

Rumors over the last week have just been confirmed by the Guardian: Dasha Zhukova, the designer behind Kova & T (also well-known as the girlfriend of Roman Abramovich, the billionaire who owns the Chelsea Football Club) is the new editor-in-chief of POP.

The first issue of the new POP hits newsstands September 1st, an ambitious date considering Bauer Media’s had to hire a freelance team to replace the masthead Katie took with her to LOVE.

Bauer’s also established an editorial board to “provide guidance and inspiration”, a team that includes Daphne Guinness and Julia Restoin-Roitfield.

This job will be Dasha’s very first in magazine editorial.