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

Natalie Portman To Be Face of Parfums Christian Dior
Natalie Portman has signed on as a model for Parfums Christian Dior. We'll have what she's having!
[WWD]

Lutz & Patmos Split
The designers behind knitwear line Lutz & Patmos are going their separate ways and discontinuing the label. First Speidi split up, now this?!
[The Cut]

Gucci to Launch Hotel Chain
Hotel, motel, Holiday Inn? I don't think so. We'll be checking into the Gucci Hotel the label plans to open in Dubai later this year.
[BusinessWeek]

Miss America Launching Children's Collection
Hold on to your tiny tiaras, tykes! The Miss America pageant has licensed a children's clothing collection -- set to be unveiled today -- for the Little Miss Sunshine crowd.
[WWD]

Nicolas Sarkozy Bans Tall Bodyguards?
Police sources allege that French President Nicolas Sarkozy will not hire tall bodyguards because he is threatened by his short stature. Should have thought about that before marrying a supermodel, dude.
[Telegraph]