Plus, Riccardo Tisci reveals when he'll make his big return to high fashion.

It appears that the movie mogul has found his latest fashion pet project.

You guys--she's back. Paris Hilton hit the shows today to check out the Jeremy Scott runway, along with the Jonas brothers and Nicki Minaj. But we saw plenty of other exciting things at day seven of New York Fashion Week. Check 'em out here:

Don't expect Prada prices to drop anytime soon. Miuccia Prada explains to Women's Wear Daily why her covetable designs cost so darn much. {WWD, Subscription required} MTV Movie Awards host Rebel Wilson let both of her left nipples say hello onstage last night. {US Weekly} How does Allison Williams wash her face every day? With cleanser and "a piece of sterile gauze." Of course. {Who What Wear}

Macy's is debuting a totally adorable juniors' line inspired by Marilyn Monroe. {Macy's} We wish we were the "friend" holed up drinking wine with Jennifer Lawrence in Hawaii in these pap shots. Call us, Jen? {US Weekly} Beyoncé had a pair of Isabel Marant wedge sneakers customized by PMK in exotic skins that include anaconda and stingray. Guess who's upset? (Spoiler: It's PETA). {HuffPo} Rumor has it Kerry Washington abandoned a custom Marchesa gown for Miu Miu on Oscar night (risking the ire of Harvey Weinstein in the process--yikes!). Public apologies seem to be de rigueur, Kerry... {NYPost}

Celebrities may know how to turn it on for the red carpet, but when they're sitting down, enjoying (or maybe not enjoying) a fashion show, they often forget that they're still surrounded by cameras.

The trench got a metallic makeover. It was chopped and cropped into capelets, corsets, and capes in done shimmering shades of fuchsia, turquoise, green and bright red. Harry Styles of One Direction (and his hair) and Dita Von Teese sat next to each other in the front row. Wonder what they talked about?

Despite Marc Jacobs's warning that perhaps fashion and politics don't mix well, Anna Wintour is reportedly co-hosting another high profile Obama fun

Anna Wintour really wants Barack Obama in for a second term. The Vogue editrix will host a fundraiser for the President's re-election campaign with Sarah Jessica Parker at the Sex and the City actress' home. {Politico} Drew Barrymore may possibly wear Chanel on her wedding day. {Page Six} The secret's out! Refinery 29 gives us the tea on how designer duds get knocked off. {Refinery 29} Miley Cyrus says she doesn't wear long dresses to red carpet events because, "There's always a frickin' hole in it when you're on the red carpet. You leave here having to buy the thing because everyone has put their heel in the back of your train. I've learned!" {Belfast Telegraph}

Karl Lagerfeld and Harvey Weinstein are collaborating on an exciting new film project starring, wait for it, YOU. If you make the highest bid, anyway. The two powerhouses are putting their services on the block at the for-charity auction at amfAR’s upcoming Cinema Against AIDS gala, according to Page Six. The winning bidder will get to star in a short film produced by Weinstein and directed by Lagerfeld --hopefully the latter will also help out with the wardrobe.