We first mentioned the Karl Lagerfeld and Macy's collaboration late last year, and after much anticipation, the first image of an actual garment from the line emerged today. While some are saying "ugh," others think it's "apropos." Regardless of whose side you're on, Karl Lagerfeld's new line for Macy's is sure to sell out, simply because it's the closest most of us will ever get to owning Chanel.

Not even a week after consumers started picking H&M clean of its limited-edition collection by Lanvin’s Alber Elbaz, the industry is being hit with rumors of some pretty serious potential follow-ups. Tom Ford, whose namesake women’s wear collection (which debuts in Vogue’s December issue) will drop this spring, is, according to rumors, a potential candidate to follow in Elbaz’s footsteps. Fashionista is calling the speculated pairing of Ford and H&M “probably bogus,” which isn’t too hard to accept considering Ford’s SS11 presentation at NYFW this fall stood as a figurative middle finger to fashion’s increasing appetite for disposable styles and impatience with regard to the seasonal model. “To put something out that’s going to be in a store in six months, and to see it on a starlet, ranked in US Magazine next week? My customer doesn’t want to wear the same thing she saw on a starlet!” Ford famously says in Vogue’s December issue. It's hard to imagine Ford now envisions extremely low-priced frocks from a store the produces trends as fast as they sprout as being reflective of his customer either.

Karl Lagerfeld is a big deal. No bag will come anywhere close to spawning as many knock-offs as the quilted Chanel purse, and anything the man touches instantly turns to gold. You can imagine our extreme excitement over today’s news that Lagerfeld is being tapped to produce a line for Macy’s--meaning we’ll finally get our hands on some original Lagerfeld designs.

Big ups to friend-of-BlackBook Garrett Pruter, winner of Macy's First Annual Fireworks Poster Design Contest! There will certainly be tweaks to Garrett's proposed poster design, but meanwhile, click the thumbnail for a larger version and marvel at the talent coming outta Parsons these days. In addition to the artistic laurels, Garrett gets a cool $10k. Drinks?

More details of Madonna's line for Macy's are surfacing. And, it turns out Lourdes, whom it was previously reported had inspired the tween line, is more involved than just playing muse. In fact, "when it comes to designing the line it’s pretty much her point of view," Madonna says of their line, "Material Girl." "Lola's really doing the work. I just sit in the corner on my BlackBerry," she echoed to US Weekly. (Stella McCartney is apparently to blame for inciting Lourdes' design instincts: the fellow rock 'n roll scion gave Madge's daughter fabrics and taught her quite a few things about the design process.)

Just a few weeks ago, word surfaced of Madonna's first-ever clothing line. While few specifics were released, now comes a wealth of information about the exclusive for Macy's that will be called (ready to cringe?) ... "Material Girl" for clothing, "Truth or Dare" for underwear and accessories. Madonna's pulling a page from Ashley and Mary-Kate's design book. No, she's not hiring on Balenciaga favorite Marie-Amelie Sauvee as stylist or focusing on luxe basics. She's designing for tweens.

Models, actresses and singers all want to be designers these days. From Coco Rocha's recently launched line to Nicole Richie's boho-inspired collection, there's no shortage of crossover into fashion designer. The latest photogenic faces trying their hand at designer? Lily Allen and Jessica Stam. The latter tweeted yesterday, "Just finished my first design meeting with @Rachel_Roy. I'm doing a capsule collection with her for Macy's. So much fun sketching designs!"

Rumor has it Madonna is gearing up to design lingerie exclusively for Macy's. While no comment has been released from either the pop icon or the department store, WWD is announcing quite a few details about the prospective collaboration. First off, in addition to undergarments it'll include clothing, accessories and shoes. "Label names under serious consideration for the product lines include Material Girl for the apparel and Truth or Dare for the lingerie and underwear," says WWD, a hat tip to Truth or Dare the 1991 doc that followed Madge's Blonde Ambition tour.

I just walked past Macy's in Herald Square, and it's beginning to look a lot like Christmas and the seasonal shopping mayhem that comes with it. Even as early as November 13, the sidewalks were clogged with obnoxious shoppers wielding strollers and heeled boots -- both of which assaulted my feet and ankles. I suggest you get a head start on the holidays and pick up a few cheap 'n chic items before all hell breaks loose. It's true that beauty gifts are hard to buy for even the most obsessed product collectors, but these little specialty gifts are under $20 and are unique enough to give you an edge in the thoughtfulness category.

Just last Friday, Mise en Scene, the collaborative line from Ruffian -- the design duo synonymous with chic, feminine creations -- and Anthropologie debuted at the latter's premiere European outpost in London, where the collection will retail exclusively. (Cue stateside shoppers' collective sigh.) Well, now it turns out there's no reason to pout: Ruffian has just announced they'll design a diffusion line for none other than Macy's ... unfortunately, this one is just for the boys. "Macy’s Inc. has enlisted Ruffian design duo Brian Wolk and Claude Morais to create two capsule collections for an upcoming men’s private label line called Threads & Heirs," says Women's Wear Daily.