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• Kate Moss is teaming up with Topshop boss Philip Green and Simon Cowell to launch an entertainment conglomerate that will "rival Disney." At least that's what one British newspaper is reporting. [Daily Mail]
• Sad: Escada may be forced to file for bankruptcy in the near future. [Vogue UK, Fashionista]
• Sadder: Jon Gosselin may be teaming up with Christian Audigier to launch a kids' clothing line. [E!]
• Saddest: The rumor floating around Moscow is that Pop editor/It girl Dasha Zhukova and her billionaire boyfriend, Roman Abramovich, have gone their separate ways. [FWD]

• One of the first projects for Lindsay Lohan in her new role as TV producer: Faux Real, which will be "like Entourage, but about the fashion industry." [Cut]
• Hollister's new Houston Street store opens on Thursday. [Racked]
Anna Sui's Target line may not be Gossip Girl-themed when it debuts. [NYDN]
• The new Mango ads featuring Scarlett Johansson have been revealed. [SW]
• Maybelline may be signing up as lead sponsor of Fashion Week. [WWD]
• A raccoon turned up at John Varvatos' Soho store on Saturday. [NYDN]
Marc Jacobs' fiancé, Lorenzo Martone, will make a guest appearance on a "fashion-based" television show this August. [NYDN]
• The really nitty-gritty details from Couture Week in Paris. [Cut]