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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.

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}

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Behind the demise of Trump Models
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Tory Burch Foundation awards organic personal care brand Dr. Brite $100k
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