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

Diane von Furstenberg Launching Beauty Line, Fragrance
Diane von Furstenberg is back in the beauty biz, with plans to launch a new beauty line and a women's fragrance. We're gonna need a bigger bathroom counter.
[WWD]

Jimmy Choo to Debut Fragrance
Meanwhile, Jimmy Choo is also getting in on the fragrance action, with a scent to launch next year. Hopefully it doesn't smell like feet.
[Elle UK]

Women Own 12 Items of Clothing That Don't Fit
A new survey of British women has found that the average gal has 12 outfits that she can't fit into. It was more, but then we finally stopped shopping at babyGap.
[Daily Mail]

Steve Madden Takes Over Betsey Johnson
Steve Madden has plucked Betsey Johnson from the brink of bankruptcy, and now has a controlling interest. Cue Betsey Johnson cartwheel.
[WWD]

Madden to Team Up with Katy Perry?
In other Steve Madden news, the designer is said to be in talks with Katy Perry on a possible fashion line. Racy bustiers all around!
[New York Post]

Alexa Chung Covers British Elle
Alexa Chung rocks a killer pair of leather shorts for the November cover of British Elle. Don't try this at home, kids.
[Catwalk Queen]