Fashion Cheat Sheet

J. Crew Won't Reissue Michelle Obama's Inauguration Accessories; Alaia Inks Fragrance Deal

NObama For You: Inaugural outfitters Jason Wu and J.Crew’s Jenna Lyons stopped by the Today Show this morning to talk about the afterglow following yesterday’s events. Wu admitted that dressing the First Lady, “Never gets old.” And Lyons said that J.Crew will not reissue the looks that the Obama’s wore yesterday, “out of respect for the First Family.” [NBC]

Alaïa To Release First Fragrance: Famously quiet designer Azzedine Alaïa has signed a deal with Beauté Prestige International to release his first-ever fragrance. No word yet on the perfume's name or when it will be released. Beauté Prestige International is also responsible for Narciso Rodriguez and Jean Paul Gaultier's fragrances [Fashionista]

Fendi Might Renovate Trevi Fountain: Italian brand Fendi is reportedly looking to finance a restoration of Rome’s famed Trevi fountain. Landmark restoration is becoming a trend for Italian fashion scions—Tod’s Diego Della Valle recently agreed to help finance the Coliseum’s overhaul. [WWD]

H&M Taps Vanessa Paradis for Eco Ads: French actress and signer Vanessa Paradis will star in H&M’s Conscious collection advertisements, launching this March. She represents the latest celebrity in H&M’s giant push for star attention. The Swedish retailer has already enlisted David Beckham for an ongoing underwear collaboration, and reportedly shot Beyoncé for a campaign earlier this month. [WWD]