Tracy Feith

What's black and white and has only one arm? Why, it's Sarah Jessica Parker on the cover of Harper's Bazaar Russia's June issue! {Fashion Gone Rogue} Jessica Chastain wore purple Spanx to match the Givenchy dress she wore yesterday at Cannes. Talk about being prepared. {The Cut} In addition to designing his niece's wedding dress, Oscar de la Renta showed off his vocal chops with Elvis Presley's “I Can’t Help Falling in Love With You" at the ceremony, held last weekend in East Hampton. {NY Post}

Remember Tracy Feith? The designer was an early favorite of Michelle Obama's, his Target collection was a hit, and he had standalone boutiques in New York and L.A...until he inexplicably fell off the face of the earth back in 2010. His boutiques closed and it turned out he owed over $200,000 to landlords in NYC and Montauk. While we still don't know the reason behind his mysterious disappearance from the fashion business, the designer seems to be making a comeback. For real.

Over the past five years, Target's GO International designer collections have really enhanced our wardrobes without depleting our bank accounts. But the most coveted pieces from each collection have always flown off the shelves, and there are some dresses that we just couldn't manage to get our hands on. Luckily, Target has introduced the GO International Designer Collective, where they've given us a second chance to pick up dresses from past collaborations with Proenza Schouler, Zac Posen, Rodarte, Thakoon, and many more. A few months ago we predicted which designs we hoped would make the cut. Sadly only a couple of our selections (the Rodarte slip dress and the Thakoon tie-waist frock) are among the collection of 34 reissued dresses (all priced under $50!), but there are still plenty of cute pieces to go around including Jovovich-Hawk mini dresses and floral print shifts from Tucker and Tracy Feith. So here's your second chance--the collection will be available on March 13th at Target.com and in store until April 10th or, as we've learned the hard way, until supplies last. Click through to browse the complete re-released collection.

If you didn't get your hands on one of the lust-worthy pieces from one of Target's blink-and-you-missed-it designer collaborations over the years, you might get a second chance. In celebration of Five Years of GO International®, Target is following in the footsteps of Betsey Johnson and Anna Sui by reissuing 34 dresses from the following 17 previously featured designers: Luella Bartley, Tara Jarmon, Paul & Joe, Behnaz Sarafpour, Proenza Schouler, Libertine, Alice Temperley, Erin Fetherston, Jovovich-Hawk, Rogan, Richard Chai, Jonathan Saunders, Thakoon, Tracy Feith, Rodarte, Zac Posen and Tucker. The collective will be available March 13, 2011 through April 10, 2011 at most Target stores and online at Target.com. We think this is an awesome idea, and great news for people who missed out the first time around. Click through from some of our favorite dresses from the past five years. We hope Target agrees with us!

Six months ago, Lauren noticed that Michelle Obama-anointed designer Tracy Feith seemed to have disappeared. The surfer-cum-designer known for his bright floral prints became a household name after Mrs. O wore one of his dresses twice, followed by a successful collaboration with Target. But despite the first lady's proven ability to move the fashion market, Feith is in serious trouble. The designer's brick-and-mortar stores in New York and Los Angeles have closed, his website is down, and today the Daily News is reporting that he owes over $200,000 to landlords in NYC and Montauk. His former landlords are, understandably, pretty pissed. Feith's Manhattan landlord's lawyer told the News, "It is shameful that a popular and successful designer has shunned his most basic business obligation by failing to pay rent for his retail store." But Feith and his business partner Susan Winget are nowhere to be found. Once fixtures in Montauk, they were conspicuously absent this year. We've reached out to Winget for comment but haven't heard back. Feith had been consulting for Calypso, and we hoped he had held onto the gig as a source of much-needed income, but a rep from Calypso told us that while Feith had worked for the brand a while ago, it was only for about two months. Feith reportedly made $550K for his Target lines. Where did the money go?

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