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Must Read: Kanye West Says He'll Lower the Prices of Yeezy Season 3, American Apparel Receives a Takeover Bid of $300 Million

Plus, 'Teen Vogue' moves its team to's floor.

These are the stories making headlines in fashion this Tuesday.

Kanye West will lower prices for Yeezy Season 3
On Monday, a TMZ cameraman pressed Kanye West about lowering the prices of Yeezys — to which the rapper responded that he will for next season. That's cool, but what we're really curious about is if West actually responded "You're Welcome... Again" to all the commenters/haters on Hypebeast. (Scroll all the way to the bottom.) {TMZ}

American Apparel receives takeover bid of $300 million
Last Friday, American Apparel received a takeover bid of $200 million from ousted founder Dov Charney and investors, but on Monday, it received an even sweeter takeover bid of $300 million. Charney is currently working with investors Hagan Capital Group and Silver Creek Capital Partners, and if the bid is accepted, Charney would return in some capacity to American Apparel. However, the company sent out a press release on Monday stating that the retailer has obtained unanimous approval of all voting classes for its reorganization plan. Translation: it's still moving on with its turnaround plan. {Bloomberg Business, Fashionista Inbox}

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Bergdorf Goodman and Neiman Marcus to sell Marc Jacobs Beauty
After a two-and-a-half year exclusive run at Sephora, Marc Jacobs Beauty will now be available at both Bergdorf Goodman and Neiman Marcus. The cosmetics line is set to launch on this week, followed by stores in February. Bergdorf Goodman will roll out MJ Beauty in March. {WWD}

Teen Vogue moves its office to's floor
On Tuesday, Teen Vogue moved its entire team to's floor as part of a new "alignment" with Vogue on the sales side. In November, Condé Nast set the rumor mills abuzz with the announcement that Teen Vogue's Publisher Jason Wagenheim would be leaving the publication, leading to speculation that the title would eventually fold into Vogue. {Racked}

Hari Nef talks about hyper-visibility in "Lenny"
In the latest "Lenny" newsletter, transgender model, actress and writer Hari Nef writes about her identity and being scrutinized by the public. Following no particular format or timeline, the essay discusses Instagram comments, her mother's words to her when she found out about Nef's modeling gig and conversations with "Orange Is the New Black" actress Laverne Cox. {Fashionista  Inbox}

Reese Witherspoon covers Harper's Bazaar
In the February issue of Harper's Bazaar, cover star Reese Witherspoon talks about feeling "really scared" in her 20s, the reasons why she started her production company and her Southern-inspired line Draper James, which opened its first brick-and-mortar location back in October. {Harper's Bazaar}

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