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Must Read: Alexander Wang May Soon Part Ways With Balenciaga, Redken Taps Suki Waterhouse

And Cupcakes and Cashmere's first apparel collection is selling fast.
Suki Waterhouse modeling for Redken. Photo: Redken 

Suki Waterhouse modeling for Redken. Photo: Redken 

Despite deep discounts, Coach’s in-store traffic remains slow
Analysts from BB&T Capital Markets recently stopped by Macy's Herald Square flagship and observed that Coach's in-store traffic "remains soft" compared to competitors Michael Kors and Kate Spade. At a separate visit to a Coach outlet, traffic seemed moderately higher, but conversion "remained low." {WWD}

Cupcakes and Cashmere line is already selling outCupcakes and Cashmere's debut contemporary apparel collection went on sale on and Shopbop on Monday, and some items are moving quickly. One $120 floral romper, in fact, has already completely sold out on Shopbop. {Racked}

Lacoste releases "couture" capsule
In its quest to become a fashion-first brand, Lacoste has created a capsule collection in collaboration with French couture embroiderer Maison Lesage. The eight-piece collection is based on the brand’s archival pieces and embroidered with cartoon crocodiles, Pac Man-like tennis balls and graffiti-esque tags. {Vogue}

Suki Waterhouse is Redken’s latest brand muse
Suki Waterhouse, British-born model and former better half of Bradley Cooper, has joined Redken's roster of brand muses alongside models Soo Joo Park and Lea T, hairstylist Guido and hair colorist Tracy Cunningham. Specifically, she is the face of Redken's "Diamond Oil Glow Dry" blow-dry oil, and will make her campaign debut in print and online next month. {Fashionista inbox}

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Emma Roberts fronts Photoshop-free Aerie campaign
Actress Emma Roberts is the face of Aerie's fall 2015 campaign. As part of the teen retailer's ongoing #AerieREAL movement, Roberts appears in the campaign sans retouching. {Fashionista inbox}

Balenciaga, Alexander Wang may soon part ways
Could Balenciaga's spring 2016 collection be Alexander Wang's last for the house? Despite "double-digit growth," sources say that Wang's contract with the Kering-owned label may not be renewed. Wang, meanwhile, is quietly seeking investors for his own privately held brand. {WWD}

Tory Burch opens Paris flagship
Just ahead of the couture shows in Paris, Tory Burch opened her latest flagship at 412 Rue Saint-Honoré last week. Burch says that the company's expansion plans are currently centered on Europe and Asia, with store openings planned in Prague, Santiago, Cairo, Kuwait and Hong Kong later this year. {WWD}

Louis Vuitton opens second museum in France
Less than a year after the Louis Vuitton Foundation museum in Paris opened to the public, Louis Vuitton is opening a second gallery, this in the northern Paris suburb Asnières-sur-Seine, where the Vuitton family once lived and several workshops are still in operation. The private museum is intended to showcase the brand’s enormous archive in a coherent, chronological manner. {WWD}

Pigalle Paris wins the 2015 ANDAM award
Designer Stéphane Ashpool of streetwear label Pigalle Paris, a favorite of A$AP Rocky and Rihanna, was awarded this year's ANDAM Fashion Award. The winning prize includes mentorship from Chanel’s president of global fashion, Bruno Pavlovsky, a collaboration with Yoox-owned e-tailer, and a cash prize of $276,788 to jumpstart his seven-year-old business. {WWD}