Donatella Versace is bringing out the big guns when it comes to the NYC launch party of her new Versace for H&M collection. And by big guns we mean Prince and Nicki Minaj. Yes, you read that right: Prince. And Nicki Minaj. Performing. We think our heads just exploded. WWD reports that both of the singers are set to perform after the Versace for H&M fashion show wraps. Of the all-star act, Donatella told the industry newspaper, “To have my friend, the great, the amazing, the one and only Prince, and the extraordinary Nicki Minaj both perform at the event, will create exactly the feeling of joy and glamour I want this partnership to express.” We wholeheartedly agree with her.

Fashionista's favorite party photographer, Jeremy Kost, took a break from snapping the actual partying scene for a minute to capture his boys-only exh

There's much to be said about John Galliano and his return to fashion. Fashion industry leaders, like Anna Wintour and Oscar de la Renta are all for it (it was Wintour, after all, who asked de la Renta to host Galliano in his studio). A select few members of New York's Jewish community quoted in yesterday's reactionary New York Post story, are against it. But whatever camp you fall into, there's certainly a lot to discuss--and that's precisely what top fashion writers like WWD's Bridget Foley, the International Herald Tribune's Suzy Menkes and the New York Times's Eric Wilson have done today.

Turns out you're not the only one who's embarrassed by your old outfits. Kanye West admitted to New York Times' Jon Caramanica that he's not so thrilled by his own sartorial past either. Caramanica: You look at your outfits from five or seven years ago, and it’s like — West: Yeah, kill self. That’s all I have to say. Kill self. Hmm... could this be why West demanded Getty remove all those images of him wearing a kilt?