Here's what's happening around the web this morning:
Karl Lagerfeld to Launch Macy's Capsule Collection
Karl Lagerfeld will launch a limited-edition women's collection for Macy's next September. Now that's what we call a miracle on 34th Street.
Coty to Buy Philosophy
Fragrance giant Coty has agreed to acquire the Philosophy beauty brand. So long as we can still wash our hair with margarita shampoo, we don't care who gets our money.
Ke$ha Rocks Studded Shades
The Ke$ha Stud Threat Level has been downgraded from red (studded eyebrows) to orange (studded 3D sunglasses). Phew.
Sales of Sky-High Heels Soaring
British retailers are reporting a sharp increase in sales of killer heels -- with quadrupled stiletto sales at Kurt Geiger this year. Suck it up, feet.
Kate Middleton's Tesco Knockofff Dress Sells Out in One Hour
Thought the Lanvin for H&M launch was scary? A $25 replica of Kate Middleton's blue Issa dress sold out at Tesco.com in just an hour.