Fashion Cheat Sheet

Anna Wintour Reportedly Still in Ambassadorship Running, Givenchy Opts Out of Couture

And a bra with pockets is coming your way.

12.20.12 5:54 PM ET

MILAN, ITALY - FEBRUARY 25:  Anna Wintour attends the Bottega Veneta Autumn/Winter 2012/2013 fashion show as part of Milan Womenswear Fashion Week on February 25, 2012 in Milan, Italy.  (Photo by Tullio M. Puglia/Getty Images)

Tullio M. Puglia / Getty Images

Anna Wintour Still in Ambassadorship Running: New reports filed by The Hollywood Reporter suggest that Anna Wintour is still in the running to becoming the US’s next ambassador to France. “Political insiders…suggest reports that Vogue editor Anna Wintour might be open to becoming ambassador to France are accurate,” the magazine writes. [THR]

Pocket Bra for Sale: There’s a new bra in town—one that will likely help you through a dizzying night. Christina Conrad, a New York-based writer, has created the Boobypack bra that has zippered pockets for you to store your keys, phone, money etc. The project’s currently seeking funding on Kickstarter. [HuffPo]

Givenchy Opts out of Couture: Sound the fashion alarm—Givenchy is skipping Couture Fashion Week this January. The brand, spearheaded by creative director Riccardo Tisci, changed their couture show format a few years ago, favoring intimate presentations. Now the house will no longer show their couture designs to the press, but will offer high fashion options in their private client salons. They plan to continue dressing high-profile celebrities for major events as well. [WWD]

Diesel Buys Major Stake in Marni: Quirky Italian fashion label, Marni, is poised for major expansion—especially now that Diesel’s CEO Renzo Rosso has just purchased a majority stake in the company. “It’s a wonderful, global company and an ironic fantastic, creative and recognizable brand,” Rosso said at a press conference this morning, “We will provide new energies and resources to add brilliance to the label.” Marni’s co-founder, Consuelo Castiglioni will continue to serve as head designer. [WWD]

Betsey Johnson Poised for Comeback: Betsey Johnson didn’t take long to get back on the bandwagon since declaring bankruptcy this past spring. The legendary (70-year-old!) designer is returning this February with a new, lower-priced line that will be sold at big retailers like Macy’s and Nordstrom. [NYT Style]