Here's what's happening around the web this morning:

Rebecca Taylor Launches Legwear
She's got leeegggggs... and she knows how to dress them. Designer Rebecca Taylor will be launching a line of Swarovski crystal-studded tights for fall.
[WWD]

Emanuel Ungaro Loses Menswear Designer
For crying out loud -- Ungaro seems to have a higer turn-over rate than Paris Hilton's love life. The designer-less house has also lost Franck Boclet, its menswear designer.
[Drapers]

Rachel Bilson Hired As Sunglass Hut Eyewear Ambassador
Rachel Bilson will star in promotional campaigns and create a style blog as part of her new duties as Sunglass Hut's first eyewear ambassador. Does that title also come with a throne?
[WWD]

Marc Jacobs, Lorenzo Martone Split?
Say it ain't so! Marc Jacobs and fiance Lorenzo Martone have reportedly split. Boo.
[NY Post]

Lily Allen To Star in Fashion Reality Show
Lily Allen has signed on for a new UK reality show following her as she launches her new fashion boutique, Lucy in Disguise. Chic couch potatoes, rejoice!
[Metro]

"World's Oldest" Padded Bra Found
The Science Museum in London has unearthed a padded bra dating back to the 1800s. Guess those Victorians weren't so innocent after all.
[The Sun]