Elizabeth Taylor

And Italy's new prime minister is hoping to find a solution for the country's troubled fashion system.

And Coco Rocha spills on her style icons.

Alexa Chung really wants everyone to know that on page 17 of her new book It, she is not the naked girl with the Gwyneth Paltrow bush.{Page Six} Legendary fashion photographer Mario Testino received an Honorary OBE--it'll be awarded to him by the High Commissioner in his home country of Peru. {Vogue UK} Rachel Zoe aims to show that comfort and sex appeal aren't mutually exclusive in her new Jockey campaign. {WWD}

Gisele shows us why she doesn't need retouching on the June 2013 cover of Vogue Brazil, lensed by longtime friend Mario Testino. {Fashion Gone Rogue} Coco Rocha is now a contributing editor at not-so-fashion glossy PC Magazine. Wait, what? {Coco Rocha's Tumblr} This year's CFDA Awards celebrity presenters have been announced! Among them are Linda Evangelista, Jessica Chastain, Ralph Lauren and maybe Hillary Clinton and Michelle Obama. {WWD}

Want to see a sneak peek of Carine Roitfeld's Cannes amfAR gala fashion show tribute to Elizabeth Taylor? We figured.

This is what Lindsay Lohan wore last night to the premiere of Liz & Dick, the Lifetime movie she stars in as Elizabeth Taylor. The Hollywood Reporter describes the movie as "half train wreck, half SNL skit." Funny, we were thinking the same thing about the dress. Sure, Lohan may no longer be one of the most sought after stars to dress these days, but surely she could have done better than...this? To that end, we've taken it upon ourself to suggest five Elizabeth Taylor looks that Lindsay should have worn to the premiere, in honor of the late style icon. Click through for our suggestions.

If Mr. Lagerfeld and Mr. Cavalli have taught us anything, it's that unfiltered honesty is the best, most hilarious, policy. And speaking of unfiltered designers, we haven't heard from Donatella Versace since last November's Versace x H&M media blitz. But with the house's recent return to couture and the sudden interest sparked by potential IPO rumors, we're starting to hear more from Ms. Versace again (which, yay!). Tim Blanks moderated a lively interview with the designer yesterday at Oxford University Union, wherein she opened up about her design process, personal life, how she'd like to dress the Queen, and that time Elizabeth Taylor stole some jewels. We weren't there but Vogue UK was. Read on for the highlights.

The 65th Annual Cannes International Film Festival kicks off tomorrow, and of course we're super excited to see what everyone will wear. Not only does the festival offer a perfect blend of Hollywood glamour and French insouciance, but whether it's the heat or the proximity to nude beaches, people tend to get pretty daring with their fashion choices. And it's made for some pretty iconic red carpet moments over the years.

It's Met Ball day! We're gearing up for all the festivities, which we'll be live tweeting at 6:30pm EST today when the red carpet livestream begins.

It could be a sign that the world is ending (December 21, folks, get ready!) but these days, there seem to be more celebrity couples getting engaged.

Marc Jacobs Uses Underage Models, Defies CFDA Guidelines: Much like the crazy nastyass honey badger, Marc Jacobs just don't care about the CFDA's proposed guidelines to ban models under age 16 from the runway, despite the fact that Jacobs is a member of the organization. In brazen defiance, Jacobs used at least two models who had potentially just completed their bat mitzvah's, stating "If their parents are willing to let them do a show, I don’t see any reason that it should be me who tells them that they can’t." Whatever, whatever, Marc does what he wants! {NY Times} New Designers Struggle to Get Notice at NYFW: Not all designers can get Anna Wintour (or even George Lucas) in the front row. Take a look into the world of the new and talented designers who can't yet afford a runway at Lincoln Center, or a professional makeup artist for that matter. {NY Mag} Bar Rafaeli Felt Flabby in Sports Illustrated: The lingerie model-turned-designer says she felt fat and flabby posing with professional athletes for the Sports Illustrated swimsuit issue. In the poignant word of Michelle Tanner: "Puh-lease." {NY Mag}

A-Listers Reportedly Want to Wear Victoria Beckham to the Oscars: Oh Posh, you've come a long way from being that one Spice Girl who barely sings. Michelle Williams recently walked the red carpet in a piece from the new Victoria by Victoria Beckham line, and now it's rumored that A-listers like Gwyneth Paltrow, Charlize Theron, and Cameron Diaz are eyeing the designer to outfit them for the biggest night in Hollywood. {Fashion Magazine} Lady Gaga to Launch Social Networking Site: So her stans have a safe haven to pay due homage to their Mother Monster, Lady Gaga is developing a new "community" website. Littlemonsters.com isn't operational yet, but you can submit your name and e-mail address to the site so you may be among the first to have access to the site once it's up. {AOL Music} John Galliano Out and About: Beyoncé isn't the only celeb to re-emerge from the depths. John Galliano was spotted at his friend DJ Jeremy Healy's 50th birthday in London. Sources say the designer was "quiet" and "reserved." {Page Six}