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

Karl Lagerfeld Swapping Runway for the Web
Karl Lagerfeld has announced that his eponymous label will have a ready-to-wear collection sold primarily online in lieu of a runway show during Paris Fashion Week. It's like we don't even know who he is anymore.
[WWD]

Carey Mulligan Covers October Vogue
Carey Mulligan dons Chanel for Vogue's October 2010 cover. Guess she and Anna Wintour worked out that whole dress diss thing.
[Just Jared]

Eva Mendes Plays Crazy for Vs Magazine
The new issue of Vs casts Eva Mendes as a devastatingly beautiful mental patient. Bonkers is the new black, people.
[Daily Mail]

"Gossip Girl" Stars Hit Fashion's Night Out Runway Show
OMG! While Blake Lively donned a fun tribal-print Marchesa dress to last night's FNO fashion show, Leighton Meester gave us streetwalker-chic in a super-racy cut-out Versace Versus minidress. Leaving something to the imagination is so overrated.
[Fab Sugar UK]

Ben Affleck Goes Gray
Ben Affleck is a silver fox? Howdoya like them apples? The actor went gray for the Venice Film Festival.
[NY Daily News]