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]
