Elsa Peretti Is Not Impressed With Her Tiffany Paycheck, Zara Is Getting Even Faster

Elsa Peretti has earned billions of dollars for the designs she's created for Tiffany, which accounted for around 10 percent of its $3.8 billion in sales in 2012. That same year, Tiffany renewed Peretti's contract for 20 years, increasing her royalty fees and giving her an instant check for $47.3 million. If those seem like impressive sums to you, they're not for Peretti. "It might look like a lot, but, after taxes, it’s not really, for the work I’ve done," she says. {Vanity Fair}

Fast fashion retailer Zara is about to get even faster. The company is implementing a microprocessor-based tagging system that will allow items to be tracked from its factories straight to the cash register. Cha-ching! {Reuters}

Marie Claire has a new managing editor. Nancy Gillen, who has served as Glamour's managing editor since late 2011, will start at the Hearst-owned glossy on Aug. 4. {Fashionista inbox}

Further Reading:

Stella McCartney is on a press tour in Asia this week ahead of several store openings in Bejing and Chengdu later this year. {WWD, subscription required}

The secret to Kelly Ripa's great skin? Botox. We appreciate the honesty, lady. {Daily Mail}

Other retailers may not like Amazon, but consumers do. According to research released by YouGov BrandIndex, Amazon is the best-perceived brand in the U.S., beating out Subway (#2) and YouTube (#4). {Adweek}