Fashion Cheat Sheet

Kate Upton Covers 'V'; LVMH Announces Prize "Panel Experts"

Kate Upton Covers V: Model Kate Upton took over the cover of February’s V Magazine which asks the pertinent question, “Why Can’t Kate Upton Keep Her Clothes On?” Not only did the blonde star reveal her self-diagnosed “Catalog Tourette’s” and discuss her upcoming role in April’s The Other Woman—a modern-day First Wives Club—but she also addressed the not so kind comments made by the Victoria's Secret Fashion Show’s casting director, who said Upton had the “kind of face that anyone with enough money can go out and buy." Plus, to celebrate Upton's cover, V is offering a special box set of products featuring the model's mug. Now that we will go out and buy. [V Magazine]

LVMH Announces Prize “Panel Experts”: The forty panel experts have been announced for LVMH’s new 300,000 euro competition, LVMH Prize for Young Designers, which will begin at Paris Fashion Week. A selection of thirty up-and-coming designers will present their collections to fashion experts that range from stylists and artists to corporate executives for places like, Vogue, Dover Street Market, and Net-a-Porter. The ten competitors who make it through the first round have until May to make and finalize edits before going in front of some of the industry’s most prominent designers including Nicolas Ghesquière, Marc Jacobs, Karl Lagerfeld, Humberto Leon, Carol Lim, Phoebe Philo, Raf Simons, and Riccardo Tisci, as well as Delphine Arnault, Jean-Paul Claverie, and Pierre-Yves Roussel. []

Jessica Biel To Open Exclusive Restaurant for Kids: Dubbed the “Soho House for Kids,” the actress is currently looking for a Santa Monica location for her new exclusive kid-friendly restaurant. “It would be a place where A-listers would feel comfortable bringing their kids to dine and take part in cooking activities,” a source told Page Six. [Page Six]

Victoria Beckham Set to Open First Store: Big things are happening for the London-based designer. For one, the former Spice Girl has signed a lease for a New York office. “I want to focus on the U.S. this year,” Beckham told WWD. “To take it to the next level, I need a team on the ground living and breathing everything here in America.” In addition to planting roots in New York, the brand also signed a lease for the first freestanding store in the Mayfair area of London. “It’s young and cool,” said Beckham. “There are great galleries in the area. There’s Dover Street Market directly opposite of us, which is not a bad thing.” The store is set to open this fall. [WWD]