On the heels of Karl Lagerfeld's designs set to hit Macy's in September, it's speculated that Giambattista Valli will debut his own collaboration for the department store in November. The two are only half of the store's four-part designer effort to excite the company's Impulse department, geared toward a younger, contemporary crowd. You may remember Matthew Williamson's cool capsule collection, which launched at Macy's in April, or Kinder Aggugini's designs, which kicked off the designer initiative in February. As for Valli, with a celebrity following that includes SJP, Mary-Kate Olsen, and Olivia Palermo plus an aesthetic that's gorgeously femme and modern — would you be interested if his designs showed up at Macy's? Tell us in the comments!

From Left: Sarah Jessica Parker, Mary-Kate Olsen, and Olivia Palermo all wearing Giambattista Valli.
MTV Movie Awards Trend: Bold Animal Print
Rosie Huntington-Whiteley, Lily Collins, and Reese Witherspoon hit the MTV Movie Awards in their respective animal-print dresses, and we smell a very hot little trend. Among the women of tonight's red carpet, wild prints were the pattern of choice — be it leopard or tiger, monochrome or color injected. We've loved the statement print for seasons, but on a minidress, as any of these styled celebs proves, it's particularly fresh for Summer. Just shop our editor's picks below to get the look — then add your heels of choice for the full effect.

Giambattista Valli To Show Couture

>> Giambattista Valli has built a robust part of his six-year-old business on bridal and private couture orders, but now he's taking the first step in making his couture official. The Chambre Syndicale has elected Valli a guest member of the Paris couture calendar, and he will present a collection during the July 2011 or January 2012 couture weeks.
A designer has to be a guest couture member for a minimum of five years before their collection is eligible to officially be called haute couture, and guest members are elected by the 15 houses that have already earned the official couture title, among them Giorgio Armani, Christian Dior, Chanel, and Maison Martin Margiela.
Met Gala: Doutzen Kroes
New mom Doutzen Kroes shined in a red tulle gown by Giambattista Valli tonight. We love how the fitted, structured top tempers the voluminous dot-print skirt. Such a fun choice, which was accompanied with a natural bun and barely-there makeup. What's your take on her look?

Vote on all of our Met Gala polls here!
Celeb Style: Olivia Palermo
We love Olivia Palermo's uncanny ability to style up an ensemble that's both polished and youthful. For this city look, she accents a pair of tailored, slim-fit flares ($253) with a Giambattista Valli animal-print jacket. To finish, a femme pair of creamy-hued peep-toes ($60, originally $85) and a metallic gold tote. Just shop the pieces above to achieve a similarly chic street style.
Visit CelebStyle for lots more celebrity street style!
Giambattista Valli Is Now Designing for Longchamp
>> Giambattista Valli has quietly taken on a new side gig: he's the new ready-to-wear designer for Longchamp, which sounds to be branching out from its handbag mainstays. At the label's showroom today, Valli's offerings — including leather miniskirts and "well-cut" quilted coats for Fall 2011 — were already on display, Vogue UK reports. [Vogue UK]
Spring Trend — Feminine Details
>> If feminine details are your thing — sheer fabrics, ruffles, and lace — Spring's upcoming crop from the likes of Nina Ricci, Valentino, Chloe, and Thakoon will surely please your girly appetite. Eager beavers can start wearing the look today with our picks from Stella McCartney, Giambattista Valli, Topshop, and Free People — just layer up with turtlenecks and thick tights for now, and show off the skin later.
More Details on Lauren Santo Domingo's Online Trunk Show Venture, Moda Operandi
>> Print editors are starting to invest in online ventures — literally, like Nina Garcia, who recently sunk money into Fashism, and in the case of Lauren Santo Domingo, whose online trunk show venture was first reported in August.
Details of Santo Domingo's site have finally emerged: it's called Moda Operandi, or modaoperandi.com, and will launch during New York Fashion Week in February as members-only (although members can invite friends). The idea, which was conceived a year ago by founder Aslaug Magnusdottir, who used to head up merchandising for Gilt Noir, the private website for top spenders at Gilt Groupe, is to enable members to place orders from design houses in New York, London, Milan and Paris (including Thakoon, Proenza Schouler, Prabal Gurung, Narciso Rodriguez, Vera Wang, Alexander Wang, and Giambattista Valli) within 48 hours of their runway show.
Shoppers will put down a 50 percent deposit on their orders, which they will receive in roughly four months, versus the six month lag it usually takes for designer goods to hit retail. Clothes that don't fit can be returned.
For starters, Moda Operandi will be offering four women's collections a year — for Spring, Resort, Fall, and Pre-Fall — from about 50 designers, and in the downtime between collections, it will sell jewelry and accessories. There will also be editorial content like backstage interviews and stylist recommendations.
2010 CFDA/Vogue Fashion Fund Winners Billy Reid, Prabal Gurung, and Eddie Borgo Come Home with Newly-Increased Cash Prizes
>> Last night, the 2010 CFDA/Vogue Fashion Fund winners were announced, but before they could be named during the dinner gala at New York's Skylight Studios, the results were leaked on WWD's Twitter: Billy Reid won outright, and Prabal Gurung and Eddie Borgo were both named runners-up.
Style.com's Nicole Phelps wrote that the results were a bit of a surprise: "Many in the audience had pegged Gurung and Joseph Altuzarra as the front-runners." But nevermind: the prizes were even bigger this year, with Reid granted $300,000 (up from $200,000), and Borgo and Gurung each taking $100,000 (up from $50,000). "The main prize is the mentoring we provide," CFDA president Diane von Furstenberg noted of the increase, "but a little cash never hurts."
The rest of this year's finalists — Christian Cota, Robert Geller, Oliver Helden and Paul Marlow of Loden Dager, Pamela Love of Pamela Love Jewelry, Moss Lipow and Gregory Parkinson — were treated to a keynote speech by Karl Lagerfeld, who talked about how much fun Yves Saint Laurent was "before Pierre Berge" and advised: "Young goes. But good? If you're good, it may all last."


