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Must Read: Slick Woods Fronts Moschino's Fall 2017 Campaign, Ashley Graham Comments on Kendall Jenner's Pepsi Ad

Plus, Miranda Kerr hands over $8.1 million worth of jewelry to the U.S. Justice Department.
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These are the stories making headlines in fashion on Tuesday.

Slick Woods fronts Moschino's Fall 2017 campaign
Industry darling Slick Woods —who is certainly poised to rack up her fair share of Fall 2017 campaign spots — landed a starring role in Moschino's ads for the season. Designer Jeremy Scott took to Instagram on Tuesday to reveal Woods's first campaign image, which was photographed in black and white by Steven Meisel and styled by Carlyne Cerf de Dudzeele. In the shot, the model wears a dress that appears to have been constructed from a Moschino shopping bag. That's the beauty of Woods: She'll make just about anything look cool as hell. {@itsjeremyscott/Instagram}

Ashley Graham comments on Kendall Jenner's Pepsi ad
It may have been more than two months ago that Pepsi premiered its now-infamous tone-deaf commercial featuring Kendall Jenner, but that didn't stop a viewer from calling in to a recent episode of Bravo's "Watch What Happens Live With Andy Cohen" to ask Ashley Graham what she would have done in that situation. "I think my team probably would have nipped it in the bud before anything happened," the model and body activist told the caller. "It's unfortunate that that happened, but hey, she's moving forward." When Cohen responded by asking if she was surprised that no one on Jenner's camp had stepped in, Graham replied: "I was very surprised that nobody said, 'Hey, this looks like a bad idea right here.'" {YouTube}

Miranda Kerr hands over $8.1 million worth of jewelry to the U.S. Justice Department
Miranda Kerr has officially turned over a boatload of jewelry — $8.1 million worth, to be exact — to the U.S. Justice Department. This comes a week after lawsuits detailed that the pieces were purchased for her as a gift by Malaysian financier Jho Low with allegedly misappropriated funds. The Wall Street Journal reports that Kerr transferred the items from her safe-deposit box in Los Angeles to government agents on Friday. {The Wall Street Journal}

Yoox Net-a-Porter Group stock rises following rumors of Alibaba investment
On Tuesday, investors traded up shares of Yoox Net-a-Porter Group (YNAP) following industry rumors that Chinese e-commerce giant Alibaba may take a stake in the luxury e-commerce group. Specifically, YNAP shares grew 8.7 percent to €25.41 (about $28.68) in Milan, giving the Group a market capitalization of €3.4 billion ($3.8 billion). By investing in YNAP, Alibaba would effectively receive access to what WWD calls "a steady and credible supply of Western brands" via the company's stable of retail sites. {WWD}

Zayn Malik on Versus Versace collaboration: "This is not the last time I will design."
In a new interview with Vogue, Zayn Malik — who recently collaborated with Versus Versace on a 40-piece capsule collection — said that his partnership with Versace's secondary line is just the beginning of his design career. "This is not the last time I will design. Working with Versace made sense because I had a long relationship with the brand. It felt natural," he said. "There weren't any challenges at all." {Vogue}

Paris men's fashion week was a "deeply escapist affair"
With Men's Fashion Week having just wrapped up in Paris on Sunday evening, the season's reviews are starting to roll in, starting with Business of Fashion's evaluation that the event as a whole was a "deeply escapist affair." According to writer Angelo Flaccavento, a number of shows — including Junya Watanabe, Rick Owens and Thom Browne — "glorified a refusal of adult life, embracing the arrested development of permanently dressing — and thus feeling and behaving — like high school kids." Cue your repeat listening to "Teenage Dirtbag." {Business of Fashion}

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Google is being massively fined over comparative price search issues
The European Commission is fining Google a whopping €2.5 billion (about $2.8 million) over its comparative shopping feature, which breaks the union's antitrust rules by illegally "using its dominance as a search engine to ensure its comparative pricing service quells the competition," according to WWD. Google is currently considering appealing the commission's decision. {WWD}

Stevie Nicks interviewed Lana Del Rey for the cover of V Magazine's Americana issue
Lana Del Rey — whose latest album "Lust for Life" will be released July 21 — covers V Magazine's V108 Americana issue, in which Stevie Nicks interviewed the singer for the accompanying cover story. Inside, Del Rey discusses the inspiration behind "Lust for Life," as well as the current political climate, opposite a romantic cover shoot photographed by Steven Klein. {V Magazine}

Cara Delevingne's latest Puma campaign is out
Cara Delevingne's Puma contract is getting good play with the sportswear label's Fall 2017 campaign, in which the noted model-who-acts-now wears the latest iteration of Puma's Basket Heart sneaker. The style "won over the hip-hop scene in the '70s," and the new version drops on July 6 stateside and July 27 in Europe. You can see Delevingne's Basket Heart campaign image — in which she poses atop a bodega counter in a full tracksuit — below. {Fashionista inbox}

Cara Delevingne for Puma's Fall 2017 Basket Heart sneaker campaign. Photo: Puma

Cara Delevingne for Puma's Fall 2017 Basket Heart sneaker campaign. Photo: Puma

Aday launches traveling international pop-up
Technical e-commerce clothing brand Aday is taking its New York City pop-up on the road for a just-announced Simplicity Tour, which sees the label stopping in six international locations through September. It opens its doors here in the Big Apple at 268 Elizabeth Street on Tuesday, and will arrive in San Francisco's Mission District on July 13. From there, the tour continues to Los Angeles, Portland, Chicago, London and Stockholm. The brand will spend a week in each city. {Aday}

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