Fashion Roundup: Katie Holmes for Miu Miu Unveiled; Obama Inauguration Collectibles; Vera Wang Makes Her Figure Skating Mark

katie holmes clown Fashion Roundup: Katie Holmes for Miu Miu Unveiled; Obama Inauguration Collectibles; Vera Wang Makes Her Figure Skating MarkThe images of Katie Holmes in the new Miu Miu ads were intended to make her look like a "luminous icon radiating a sense of mystery and theatricality." Meanwhile, her good friend Victoria Beckham is starring in Armani underwear ads. [Vogue UK]

In getting ready for the Inauguration, designers are creating Obama-themed accessories intended as collectibles. [WWD]

Expect New York Times Styles section photographer Bill Cunningham to discuss a man in a giant furry hat in this Sunday’s issue. [Cityfile]  

Vera Wang, who used to figure skate professionally, is being inducted into the U.S. Figure Skating Hall of Fame for her contributions to costume design. [WWD]  

PPR’s CEO Francois-Henry Pinault, who has a daughter with Salma Hayek, may have an illegitimate child. [Vogue UK]