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Must Read: Zayn Malik Steps Out With Gray Hair and Gigi Hadid, Raises Another $350 Million

And Ryan McGinley shot a youth-filled campaign for Calvin Klein's new gender-free fragrance.
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These are the stories making headlines in fashion this Wednesday.

Zayn Malik was spotted with Gigi Hadid for the second time this week
Zayn Malik appears to have dyed his hair gray, and debuted the 'do during his second recent public outing with Gigi Hadid at Hollywood's The Nice Guy. He may not be a member of One Direction anymore, but he's doing a good job of keeping himself in the news.  {People StyleWatch} raises $350 million in Series B funding
Just four months after its official launch, the online shopping club has closed $350 million in funding and says that it has an additional $150 million coming within the next few months — that's on top of the $215 million it had already raised. The start-up and Amazon competitor is now valued at $1 billion. {Re/code}

Calvin Klein unveils Ryan McGinley-lensed campaign for new gender-free fragrance
Shot in Puerto Rico by photographer Ryan McGinley, Calvin Klein's new campaign for unisex fragrance CK2 features a diverse cast of models and talents including Victoria Brito, Sung Jin Park and Luka Sabbat. An accompanying video is meant to highlight the meaningful connections shared by today's youths. You can watch it here. {Fashionista inbox}

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Kaia Gerber stars in another Teen Vogue editorial
Kaia Gerber, the 14-year-old daughter of modeling legend Cindy Crawford, sports voluminous waves and glittering hair accessories in her latest editorial for Teen Vogue. In the accompanying interview, the up-and-comer expresses her genuine interest in modeling: "After shooting a Young Versace ad when I was 10 years old, all I could think was, This is it!" {Teen Vogue}

Bonpoint appoints a new CEO
Hugues de la Chevasnerie has been appointed the new CEO of the über-chic children's brand Bonpoint. Formerly the CEO of Burberry Fragrances, De la Chevasnerie started out in distribution and department store management. Bonpoint's current CEO, Sabine Brunner, will depart her post Dec. 4.  {WWD}

Investors grow concerned about J.Crew
J.Crew bonds have fallen to 25 cents on the dollar, and investors are increasingly worried about the state of the preppy retailer, which has been dealing with flagging sales in recent months. This holiday season is expected to be a tough one for many retailers, and J.Crew won't be an exception. The company will report its third-quarter earnings next week. {Bloomberg Business}

Abbey Lee Kershaw is back for a DKNY perfume ad
She may be transitioning from modeling to acting in films like "Mad Max: Fury Road," but Abbey Lee Kershaw dipped back into the fashion world to pose in the campaign for DKNY's newest perfume, "Be Desired." She wasn't the only multi-hyphenate on set: Her male co-star is the IMG model and SoulCycle instructor Akin Akman. {Fashion Gone Rogue}

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