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

Ck One to Launch Lifestyle Collections
Call it the little fragrance that could: ck one is expanding with the upcoming launch of denim, underwear, and swimwear collections. Let's see if Brooke can squeeze into these.
[WWD]

Target Opening Smaller Stores
Honey, I shrunk the Target! The mass retailer is set to open its first smaller-sized store in Seattle in 2012.
[Boston Globe]

Topshop Coming to Chicago
The Windy City is getting trendy! Topshop will open its second U.S. store in Chicago in the late spring. Better luck next time, LA.
[WWD]

Katy Perry Wears Elmo T-Shirt After "Sesame Street" Scandal
Amidst rumors that her appearance on "Sesame Street" will be cut because of the racy bustier she's wearing, Katy Perry donned a low-cut Elmo t-shirt on this weekend's "Saturday Night Live." Big Bird is not impressed.
[Daily Mail]

Paris and Berlin to Host World's Largest Fashion Show
Up to 10,000 people are expected to walk in the "world's largest fashion show" being held in Paris, Berlin, and 50 French cities this week. But can they do it underwater?
[Independent]