Must Read: The First Glimpse of Penélope Cruz as Donatella Versace, Madewell and Away Release Suitcase Collaboration

Plus, Olivier Rousteing is designing costumes for the Paris Opera.
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These are the stories making headlines in fashion on Tuesday.

Get a first look at Penélope Cruz as Donatella Versace
We've known for a while now that Penélope Cruznot Lady Gaga, as first rumored — will be playing Donatella Versace in Ryan Murphy's "Versace: An American Crime Story." Now, thanks to a paparazzi shot from the Miami set and a selfie from Cruz's own Instagram, we have our first glimpses of what the actress will look like in the role. {Vogue UK}

Madewell teamed up with Away on a suitcase collaboration
Travel company Away is teaming up with Madewell to release a limited-edition set of suitcases in two carry-on sizes. The suitcases, which feature two-tone coloring and a bandana tie, will be available online and in stores starting Tuesday. {Fashionista inbox}

Olivier Rousteing designs Paris Opera costumes
Balmain designer Olivier Rousteing will be designing costumes for the ballet "Renaissance," which will be performed at the Paris Opera in June. Rousteing was selected by choreographer and dancer Sébastien Bertaud because of the way the two share "the same approach of innovating while respecting traditional techniques." {WWD}

Factory safety lessons learned in Bangladesh being applied globally
After the Rana Plaza collapse in 2013, global brands grouped together to see what could be done to address factory safety issues in the country. Now, those lessons are being applied to other parts of the global supply chain in places like Pakistan. According to academic Jennifer Bair, the movement has been "unprecedented" in terms of "the private sector really taking into account the failure of the public sector and the government." {WWD}

Retail apocalypse or not, shuttering all stores isn't the answer
Online sales are rising and in-store sales are dropping, but that doesn't mean that brick-and-mortars should all close up shop. A better solution for faltering brands? Learn how to create an in-store discovery experience that's truly unlike what can be done online, and give customers incentive to shop in-person so they can touch and feel physical products. {Retail Dive}

Behind the demise of Trump Models
For those who dislike Donald Trump, the downfall of Trump Model Management may seem like a victory, but the fact remains that "fashion — and the scores of beautiful women it tends to employ — has played a crucial role in constructing Trump's personal mythology." Still, the modeling side of that mythology is about to shut down due to slowing business, which has come about in large part due to negative political associations with the Trump name. {i-D}

Tory Burch Foundation awards organic personal care brand Dr. Brite $100k
The Tory Burch Foundation announced Dr. Brite co-founder Paris Sabo as the winner of its annual Fellowship Program's pitch competition. Dr. Brite, an organic personal-care brand that sells products like toothpaste, facial cleanser and more, will receive a $100,000 investment as a result of the win. {Fashionista inbox} 

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