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.

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.

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?

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!

"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]