It's one thing to be fired after just one year of service, but it's whole 'nother thing to be dissed on your way out. Valentino on Alessandra Facchinetti replacements: "There is an existing archive with thousands of dresses where they can draw and take inspiration from to create a Valentino product that is relevant today. It is a shame that their predecessor didn't feel this need." Ouch. [Telegraph UK]

Listen up, bargain shoppers! Charlotte Ronson is designing a diffusion line for JC Penney. [WWD]

Diane Von Furstenburg created the comic book Be the Wonder Woman You Can Be, Featuring the Adventures of Diva, Viva & Fifa to coincide with the release of her Wonder Woman inspired collection. [Fabsugar]

Juicy Couture wants everyone -- woman, teen, and child woman -- to purchase their striped lace front dress. [Just Jared]

Another one bites the dust: CosmoGirl magazine has folded. Teens across America wearing way too much glitter eyeshadow are in mourning. [NY Mag]

At least one fashion entity isn't suffering. Anya Hindmarch's handbag collection with Target sold out in two minutes on her eponymous website. [Vogue UK]

Speaking of Target, Jonathon Saunders enjoyed working with the mass retail chain: "And Target-I mean, I don't want to say that it's easy creating one of these collections, but the people at Target do work very hard to make the process fun. Enjoy yourself, they say. And they mean it." [Style]

Semi-retired Russian supermodel Natalia Vodianova will be designing a lingerie line. [Sassybella]

Much like Joan Crawford, Audrey Hepburn may have had some of the most distinctly shaped eyebrows of her generation. [Bellasugar]

Conservative pundits are freaking out over the Sarah Palin Newsweek cover. Apparently, they don't like the fact that the mag didn't photoshop her mustache out of the picture. Eh, we've always beens fans of reality, but whatever. [Jezebel]

Jay Manuel and Miss J. Alexander, star judges of America's Next Top Model, are getting their own show. The two divas will fly to viewer's homes and give them makeovers. Aw. [The Cut]