Overheard in the Vogue halls: Katie Grand is leaving POP, the vivid British magazine she began, to start a new magazine for Conde Nast. She offered her job to one of our favorite editors ever, but since POP is also reducing its funding now that Katie's over and out, the candidate decided it ultimately couldn't be worth it for her. Now the magazine's future is up in the air, and as for Conde Nast starting yet another fashion title, well, WTF. How much weight this rumor holds remains to be seen - our sources are pretty impeccable, but also so thin, we wouldn't be surprised if their extreme fashion diets were making them a little delusional. Less Karl! More Cake! Less Stella! More Stella Artois! Etc.