Saks

All the fashion news you missed this week.

All the Friday fashion news you need to know.

Saks has a new owner. The department store, which has tentatively been looking for a buyer for the past few months, was acquired by Lord & Taylor parent company Hudson's Bay this weekend.

They came, they saw, they hashtagged. The annual Fashion 2.0 Awards (basically the Oscars of fashion social media) celebrates the most popular brand stars on the Web--all of whom congregated at SVA Theatre last night. Now in its fourth year, the award show presents accolades to fashion brands and their social media channels including Twitter, Pinterest, Facebook, among others, voted by the general public. Click through to see the full list of winner, plus why keynote speaker Simon Doonan thinks dogshit and social media are inextricably intertwined.

Fashion’s Night Out is tonight and it’s go-time to strategize your partying shopping itinerary. Will it be high-profile gimmicks that motivate you? Or the copious amount of free boozy beverages and sweet snacks in Soho? Perhaps you're into music. Not to throw a wrench in your lineup so early on, but how about this one for you: Hot guys and shopping.

Whitney Port, author/fashion designer/reality star, is looking for a little help from the internet to pay for her show at fashion week. Donating to he

After a five year run in New York, Preen will be hopping the pond and showing its Spring 2013 collection in London. {WWD} Dolce & Gabbana's just-debuted couture line is off to a pretty damn good start as several people literally fainted at their recent show. Though it's likely the fainting was due to the heat, we'd prefer to believe it was due to the collection's sheer beauty.{The Cut} Are you a Betty or a Veronica? MAC and Archie Comics are teaming up for a vibrant make-up collection just in time for San Diego Comic-Con, so you'll be able to look just like your favorite comic book darling. {Fashionista Inbox}

Hillary Clinton has been all over the news the last two days. No, not for some diplomatic achievement--mostly for the hilarious Tumblr "Texts from Hil

Did you watch NBC's Fashion Star last night? A lot of fashion people did and they seemed pretty disappointed. Well, that's putting it mildly. A sampling of tweets from the fashion industry sent out during last night's show: It's like watching #ProjectRunway while having a seizure. #FashionStar @NBCFashionStar - Tom + Lorenzo ‏ @tomandlorenzo #FashionStar clearly spent more on music & Nicole Richie's headbands than it did on anything else. - Heather Cocks, Go Fug Yourself ‏@fuggirls I don't think I've ever been so utterly confused watching a tv show before tonight. Wtf was that show all about anyway? #FashionStar - Jay McCarroll, designer and first winner of Project Runway, @jaymccarroll I swear I didn't plan to get so aggro about #FashionStar but it's all of our livelihoods on the line if America thinks that was real fashion - Matt Kays, fashion publicist ‏ @mattkays Reality TV, please face reality! How on earth is #Saks ok with the idea of ordering the same collections as #Macys or #hm? #FashionStar - Rachel Dodes Wortman, reporter for the Wall Street Journal ‏ @racheldodes But while the fashion industry was appalled with last night's spectacle (which is an apt descriptor considering there were models on Harleys, backup dancers and smoke machines) the show actually seems to be a hit at retail.