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'CR Fashion Book' Rumored to Close, DVF Relaunches Jewelry, P&G Sales Flat

And Allison Williams has somehow snagged the Instagram handle @aw.

Could Carine Roitfeld's two-year-old fashion glossy, CR Fashion Book, be on the chopping block? Unidentified sources say it's possible the magazine will phase out or go online-only following lackluster ad performance and the split of Stephen Gan and Cecilia Dean, who co-founded CR Fashion Book's publishing owner, Visionaire. Roitfeld herself, meanwhile, continues to work at Harper's Bazaar. {Page Six}

Diane von Furstenberg is getting back into the costume jewelry game. The iconic designer wanted to give her customers something a little more affordable than her fine jewelry collection with H.Stern, and that will come in the form of shiny, statement-making cuffs, bangles, rings and necklaces this February, with prices in the $68 to $628 range. {WWD}

Sales for beauty and personal care juggernaut Procter & Gamble were flat in the second quarter, down 1 percent to $20.2 billion compared to the same period a year prior. Interesting, P&G's grooming sales were up 3 percent, due to higher pricing and new blades and razors products, making us wonder how much market share online shaving startups like Dollar Shave Club and Harry's have captured. More interesting are the company's plans to shutter up to 100 brands so it can focus on its better-performing ones -- that is, those like Tide, which are generating more than $100 million in sales each year. The company is expecting modest growth in the low to mid single digits over the next year. {P&G}

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"Girls" star Allison Williams, who just announced (to much head-scratching) that she will star in a live musical performance of "Peter Pan" on NBC this December, has joined Instagram. Appropriately, her first photo was a #TBT of her in a Peter Pan costume. (Side note: How did she get the handle @aw this late in the game??) {Instagram}

Sephora is expanding its omnichannel capabilities, promising to ship in-store customers out-of-stock products in three days or less for free {WWD}