Fashion Roundup: Who Will Take Over Nina Ricci?; No Valentino at Valentino; New Doc About Jay McCarroll to Premiere in Feb.

As Olivier Theyskens‘ design contract with Nina Ricci nears its end, Peter Copping, a designer at Louis Vuitton under Marc Jacobs, is rumored to be taking over. [WWD]

After 79 years, the 21 Club has abandoned its necktie requirement for men. Jackets, however, must stay on for now. [NY Times

Valentino Garavani is “categorically denying” that he maintains any designing input into the Valentino label, from which he is retired. [Vogue UK

Eleven Minutes, a documentary about Project Runway season one winner Jay McCarroll, will be released February 20. People’s Revolution head Kelly Cutrone reportedly appears in it. [Fashionista]

The Target Corporation will lay off over 600 people at its Minneapolis and St. Paul headquarters. [WWD