Must Read: CFDA Faces NYFW Suit, Anna Wintour's Image Thaws 10 Years After 'Prada'

Plus, Taylor Swift celebrated the 4th of July in a surprisingly affordable bikini.
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Photo: Michael Loccisano/Getty Images

Photo: Michael Loccisano/Getty Images

These are the stories making headlines on Tuesday.

The CFDA is being sued over 'NYFW' trademark
Just two months shy of the spring 2016 shows, the Council of Fashion Designers of America has been slapped with a trademark infringement by Fashion Week, Inc., a company that produces consumer focused fashion week events. The two parties have duked it out before, with the CFDA making several attempts to register the same trademark despite the court's ruling in favor of Fashion Week, Inc., who filed for it back in October 2013. The CFDA owns the fashion calendar and is responsible for scheduling the shows. {The Fashion Law}

The boss that a million girls want to work for?
"The Devil Wears Prada" made popular the trope of the cutthroat fashion magazine EIC - not so subtly angled towards one Anna Wintour. However scathing her pseudo-depiction was c/o Meryl Streep, it seems that 10 years later, people are beginning to see past the fur coat-dumping, Starbucks-guzzling caricature and realize that running a top fashion magazine is an impressive feat. That's all. {The Ringer}

Taylor Swift celebrates the 4th of July in a swimsuit you can actually afford
...if it's in stock, that is. The Internet swiftly (sorry) latched onto the pop star's red high-neck "America" bikini and successfully identified it as one by mall mainstay Forever 21. The top has since sold out but the red bikini bottoms are still available, as are her and Gigi Hadid's Solid & Striped maillot. {Daily Mail}

God Save the Queen('s Clothes)
Continuing the British monarch's 90th birthday celebrations, the Royal Collection Trust revealed that a special exhibition entitled "Fashioning a Reign: 90 Years of Style from The Queen's Wardrobe" will be staged at London's Buckingham Palace. The exhibition will feature about 150 of Her Majesty's iconic sartorial moments from her childhood years to modern day. {The Hollywood Reporter}

The amazing spider silk
Cue all of the Spider Man jokes? Spider silk is an impressive material - super lightweight and stretchy, but also exceptionally strong - and unsurprisingly, people are looking to it as a sustainable alternative to traditional silk fabric. "We make protein microfibers, and they are inspired by nature, starting with spiders," says Sue Levin, CMO of Bolt Threads, a power player in the spider silk market. "But we can riff off that in literally infinite directions." {Quartz}

London's luxury market drops post-Brexit
After a marked increase in tourists taking advantage of a weakened pound, the Savigny Luxury index (an expert on luxury market analysis) continued its downward trend, dropping a further 2 percent this month, in addition to a decline in the MSCI World Index. {Business of Fashion}

Photo: 'Harper's Bazaar' Australia

Photo: 'Harper's Bazaar' Australia

Bella Hadid covers Harper's BAZAAR Australia
In a series of Georges Antoni-lensed images, model Bella Hadid exudes effortless glam in Chanel dresses and jewels from Tiffany & Co on her latest cover for Harper's Bazaar Australia's August issue. Molto bella, indeed.{Harper's Bazaar}

Of a Kind Founders Interview the Founders of Bed, Bath & Beyond
Last year, Of a Kind — an e-commerce marketplace for indie designers — got acquired by Bed, Bath & Beyond. The acquisition may have been unexpected, but it turns out the founders of both companies are "bestiepreneurs," aka friends who launched companies together. Here, Of a Kind's Claire Mazur and Erica Cerulo interview Warren Eisenberg and Leonard Feinstein of Bed Bath & Beyond about how they built the American home goods standby. {Of a Kind}

The New York Times can't publish any of Bill Cunningham's photos
Astute Sunday Styles readers will have likely picked up on the fact that any photos taken by Bill Cunningham himself were absent from the newspaper's tributes to the photographer. The use of his photographs is currently unavailable to the Times due to the fact that Cunningham did not leave a will outlining the rights to his images, and therefore the newspaper does not have required authority to posthumously publish his work.  {Page Six}

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Correction: An earlier version of this post mistakenly described Fashion Week, Inc. as "a company that sells tickets for certain NYFW events". This has since been updated.