Photo courtesy of VF.com

• You may or may not vote him the most handsome man alive, but Johnny Depp is our current fascination. To see why, check out François-Marie Banier’s outtakes from Depp’s shoot for the July Vanity Fair issue. VanityFair.com
• The web has been buzzing with reports that Vera Wang will join the next season of Dancing with the Stars, and while there is no confirmation to the rumor, we think that the designer would bring a host of talents to the reality show. People.com

Photo courtesy of Nitrolicious.com

• Emma Watson is all grown up, she looks fab in the new Burberry Fall/Winter 2009-10 ad campaign shot by Mario Testino near Burberry’s new headquarters in London. Nitrolicious.com
• Diesel is currently previewing their Fall 09 collection, which takes inspirations from all things weather related and concepts such as rain, dripping, weathered, cloth faded by water and the overall effects of what weather can do. Zoolander anyone? Popgloss.com

Photo courtesy of NYMag.com

• God bless Justin Timberlake. Though every celebrity and their unborn child is tweeting, he still enjoys the vintage thrills of blogging. Now, Justin’s blog had flown under our radar until a recent post of his about his favorite street-style blogs made the rounds on the Internet. NYMag.com
• “I had an idea of what I was looking for and couldn’t find… I think it must be every woman’s fantasy to dream up an ideal bag and shoe. It was great to be able to make exactly what you want.” – Sofia Coppola and Louis Vuitton. ILoveLV.com

Photo courtesy of ILoveLV.com

• We were a little surprised to see Michelle Obama on the front cover of Vogue. On the campaign trail, the new First Lady wore clothes by labels like H&M that everyday people could relate to — things we never see in Vogue. Yet here she is, the second First Lady to grace Vogue’s cover, after Hillary Clinton. And, unsurprisingly, the woman, who said being a fashion icon is “hard,” looks awkward. NYM
• The fashion world heads into next week’s shows amidst a steady drip feed of bad news. Guest lists have been cut in half. Alexander Wang, Calvin Klein, and even Marc Jacobs canceled their parties. Obedient Sons & Daughters, Searle, Bill Blass, and Kira Plastinina went broke. Tracey Ross’s store closed. Neiman Marcus, Saks, Chanel, and Burberry have all seen layoffs. Big names like Vera Wang, Betsey Johnson and Monique Lhuillier are forgoing the extravagance of the Bryant Park tents for something quieter. NYM
• Rachel Zoe trademarks “I die” and “Bananas.” We thought Paris Hilton bogarting the phrase “I’m hot” was the worst offense of trademark’s history. But claiming the genus of an edible plant? If we are indeed now in a time when people can just go around claiming others can’t use the images and names of tropical fruits without permission because you told your lawyer it was yours first, we choose pineapples. NYM
• The IT Holding Company, which owns the Gianfranco Ferre fashion house, has put one of its subsidiaries into bankruptcy protection, and has warned that it too, risks bankruptcy, says MSNBC. Ittierre, which has four licenses to produce Versace Sport and Just Cavalli among others, filed for bankruptcy protection on Monday.
• According to New York Magazine, the Wall Street Journal announced it would close its New York–based fashion-and-retail group. A total of fourteen were laid off, while eleven took a buyout, Forbes.com reports. Managing editor Robert Thompson said the paper would maintain fashion coverage. However, the fashion department will be downsized from a full-time staff of nine people, to five.