Yahoo! bought Tumblr for $1.1 billion, and though Yahoo’s CEO Marissa Meyer promised not to “screw it up,” Fashionista raises a valid point: how will this effect Tumblr’s thriving fashion community? [Fashionista]

Italian Vogue editor Anna Piaggi died last August leaving behind racks on racks on racks of clothing. 40 rolling racks, to be precise, covering every wall in her Milan apartment. The wardrobe is so vast that her brother, who inherited everything when she died of a heart attack, isn’t sure what to do with it. So for now, it sits in storage. [Wall Street Journal]

Christy Brinkley is back in a swimsuit after 30 years, her fourth divorce and a $500,000 tax lien back in 2011, for the Hamptons-based magazine Social Life. She looks as amazing now as she did on the cover of Sports Illustrated Swimsuit Edition back in the 70s! [StyleCaster]

Versus isn’t the only new addition to Versace, as it looks like the Italian fashion house could have a new investor, too! Qatar Holding, which owns Harrods department store, and Fondo Strategico Italiano have expressed interest in the company. But it remains to be seen whether Versace will take them up on the offer. [Business of Fashion]

Midori just named a new happy hour style ambassador: George Kotsiopoulos! The Fashion Police co-host will style the advertising campaign starring the Vampire Diaries Candice Accola and be the voice for all social media campaigns. [GLAM Inbox]

Selena Gomez wore a Zuhair Murad Spring 2013 collection dress to the Billboard Music Awards that strongly resembled a dress Prabal Gurung showed in his Fall 2012 collection sparking the debate of who inspired whom? [Fashion Law]

AllSaints just launched a new film division that explores music, style and street documentaries. AllSaints Film will be committed to commissioning young, innovative filmmakers as well as producing in-house content under Wil Beedle who will act as creative director. [GLAM Inbox]

Beyonce banned photographers from taking her picture during the Mrs. Carter Show World Tour, granting only access to Frank Micelotta.  Of course, as it turns out, Bey has a good reason. Concert-goers will leave the show with a book of looks from the Mrs. Carter Show World Tour styled by Ty Hunter. She was photographed in pieces from designers like Kenzo, Julien MacDonald, Amato Couture and Roberto Cavalli. One of the standout looks has to be the multi-layer, laser-cut couture gown that Dubai fashion designer Rami Al Ali created.

With the consistently well-planned aspects of her offerings to fans, Beyonce is showing us why exactly she is a grown woman while back on tour. If you’re luckiy enough to see Queen Bey in concert, make sure to pick up The Mrs. Carter Show World Tour Book to see all of the great costumes!

Full disclosure, we are suckers for anything monogrammed or personalized. The latest news to hit our inbox has us, well, wanting to be a bride. Sergio Rossi just introduced a new bridal collection, which will be exclusively sold at Saks, that pairs wedding shoes with monograms treats. Customers can choose from seven different styles in five colorways and receive complimentary monogram engraving on the insole of the shoes. The shoes come in a personalized box which can also serve as a keepsake.

The shoes are offered in various fabrics like soft satin to crystal embellishment in hues like white, rose, champagne, silver, and light gold. There is a style for every bride: classic Chichi pumps, mermaid booties, elegant kitten heels and even flat sandals.

Each pair of shoes comes with a something blue, a tiny blue crystal tucked neatly under the instep. Getting married? Snag a pair at the Saks Fifth Avenue New York at the 10002 Shoe Salon and the 5^th Avenue Club.

We certainly don’t have to worry about Miss Piggy remaining relevant with younger generations. She and the rest of The Muppets have teamed up with Tommy Hilfiger to launch a children’s wear collection of t-shirts and jumpers, according to Vogue UK.

The puppets are featured wearing the spring/summer 2013 collection, geared toward children between six months and 16 years old. Miss Piggy is dressed in a striped knee-length dress, of course.

“Moi adores working with Tommy on the Muppets collection,” Miss Piggy said. “Not only is he talented, elegant and gracious but he does all the work. All moi has to do is tell him what I think about the designs and Tommy takes care of all of it! Isn’t that fabulous?”

Yes, Miss Piggy, it is fabulous. Oh, and in case you were wondering, Miss Piggy said “Kermie also loves working with Tommy.”

Surprising pairing but we’re into it.

Designer: Raf Simons‘ Cruise collection for Christian Dior

Inspiration: The sleek and innovative collection took inspiration from the trends of the United States’ historical automotive boom. Like the style of a high-end vehicle, each piece was dynamic and innovative while still maintaining a level of elegance and luxury.

Trends: Brightly embellished structured crop-tops, sculpted silhouettes, printed double-breasted coats, sheer frocks decorated with jagged floral graphics and thick stripes, loose silk trousers, skin showing lace overlay, cascading calf-length half-zip blouses, elegant dresses with asymmetrical hemlines and flowing skirts

Palette: Color-blocked primary hues, black, metallic gunmetal, sheer ivory, Cadillac pink

Who Should Wear It: Classy stylistas whose fashion sense has a modern twist-Marion Cotillard, Ginnifer Goodwin

Who Was There: Stars who flocked to Monaco for the show included Jessica Biel, Liv Tyler, and Marion Cotillard

Christian Dior cruised into Monte Carlo to show its resort 2014 collection, inspired by ‘50s automotives, resulting in a very retro-futuristic collection with tons of asymmetrical zipper details, crop tops, sheer layers worn with high waisted, er, bloomers. But the real star of the show was Princess Charlene of Monaco who was allowed to wear a dress just minutes after it appeared on the runway. [The Cut]

New details have been released about the way LVMH acquired Hermes, and it wasn’t as “unexpectedly” as Bernard Arnault claims. A French newspaper leaked the deets from a 115-page criminal investigative report—turns out LVMH began building its stake in Hermes way back in 2001 through subsidiaries. The two luxury houses are now in the middle of a legal battle to get the issue resolved. This could get messy… [Fashionista]

Speaking of messy, bandits struck the Cannes Film Festival again, stealing all of the luggage out of the apartment China Film Groupe vice president Zhang Qiang was renting earlier this week. Last week, almost $1 million dollars in Chopard jewelry was stolen from a hotel room safe during the film festival. Qiang Tweeted about his frustrations saying, “This film festival is not worth mentioning!” Ouch. [The Hollywood Reporter]

Co-founder and CEO of Moda Operandi, Àslaug Magnùsdòttir left the company after, what the New York Post is reporting, she has a disagreement with her co-founder Lauren Santo Domingo. The two started the company in 2010 and Santo Domingo was able to leverage connections to Vogue as a contributing editor. This is where the problems started allegedly. Sources say Santo-Domingo wasn’t very active in the day-to-day proceedings of the site. [The Business of Fashion]

Khloe Kardashian and hubby Lamar Odom are in hot water with New York State Governor Andrew Cuomo. It seems that Rich Soil, a clothing company run by the Khloe and Lamar is selling shirt with an image that bears an extreme likeness to the Department of Agriculture of New York State’s logo. Governor Cuomo has issued a letter asking them to stop selling the shirts.  [Jezebel]

I’m a stylist and my styling mantra is this: never pay retail. And why should you when you can get today’s trends using yesterday’s wardrobe aka past season fashions. Shopping last season’s goodies is no longer considered passé, it’s considered smart.

Still don’t believe me? Watch me as I style this season’s ruffle trend using past season designer items I found on TheOutnet.com.

For Spring 2013 ruffles have lost their little girl look and have traded them in for an amped up edgy aesthetic.  Whether you are into a classic look, a youthful neon vibe, or an avant-garde monochromatic style – there is a ruffle (for less) out there with your name on it.

Look #1: Balenciaga Spring 2013

For a sophisticated ensemble with a ruffled twist, take a classic black and white cocktail dress and pair it with nude booties and a pendant necklace ala Balenciaga.

Notte by Marchesa dress- Original price $850, Now $359.97

Chloe nude booties- Original price $520, Now $260

Kenneth Jay Lane necklace- Original price $105, Now $47.25

Look #2: Peter Pillotto Spring 2013

Want something more youthful and bright? Try adding pops of color through lingerie and accessories to a black and white printed dress to get the Peter Pilotto look.

Oscar de la Renta dress- Original price $2,515, Now $895.09

Jimmy Choo shoes - Original price $1,995, Now $1,097.25

Deborah Marquit bra - Original price $195, Now $78

Look #3: Gareth Pugh Spring 2013

Gareth Pugh rarely puts “wearble” looks down the runway but that doesn’t mean you can’t reinterpret his vision into your own personal wardrobe like I did with this pink ruffled pantsuit.

Oscar de la Renta jacket - Original price $2,110, Now $750.10

Vionnet pants – Original price $940, Now $285.01

Valentino shoes – Original price $745, Now $298

Lauren Messiah, is a Los Angeles based stylist and the creator of LaurenMessiah.com, a blog about designer deals, the hottest trends, and Lauren’s life as a fashion stylist.Lauren styles some of Hollywood’s most successful women in entertainment, celebrities, fashion editorials, and national ad campaigns. Lauren has been featured in Marie Claire, Vogue Italia, Grazia, WWD, OK! Magazine and Health Magazine.

Designer: Jonathan Anderson, designing for Versus

Inspiration: Punk meets material girl in this ‘90s inspired collection that captures the nonchalant manner of dressing for a night out on the town during the fiercely individualistic decade. Jonathan Anderson combines his gender-bending, contemporary aesthetic with Versace’s classic sexy feminine appeal for a collection fit for the coolest of clubs.

Trends: Structured and strategically draped dresses, cut-outs, slashes, and high slits, bared midriffs, go-go dancer style white boots, one shoulder pieces and other asymmetrical designs, hints of grunge, sheer lace

Palette: Bold basic colors: black, yellow, cobalt, fuchsia, and orange. Plus zebra print ensembles and ebony patent leather

Who Should Wear It: Ladies unafraid to up the edge with fashion: Miley Cyrus, Gwen Stefani, Heidi Klum

Who Was There: Heidi Klum, Leigh Lezark, Mena Suvari, Darren Criss, Joe Jonas

Sure, you still have to get through the hectic workweek, but it’s never too early to start planning your Memorial Day vacation attire! With the sun shining and a full list of planned events, it’s all about being comfortable and cool in an effortless yet fashionable getup for the three-day weekend’s festivities. Enter, the romper! The practical playsuit may not be a new style for the season, but it’s definitely one to fall back on. Ultra versatile and perfect for any plans you may have this weekend, it can be dressed down with sandals during the day and glammed up with pumps in the evening. What else do you need? Check out our favorite 8 below and get shopping!

1. Tie Dye Embellished Playsuit, available at Topshop for $160
2. Samba Open Back Playsuit, available at Reiss for $275
3. Marni Abstract Print Playsuit, available at Farfetch.com for $789.32
4. JOIE Liyah Romper Porcelain, available  at JOIE for $248
5. Zimmermann Oasis floral-print cotton and silk-blend playsuit, available at Net-a-porter.com for $350
6. Kai-Aakmann chambray sleeveless playsuit, available at Farfetch.com for $170
7. MISSONI Cotton-Blend Knitted Playsuit, available at Farfetch.com for $718.91
8. Moto Acid Denim Playsuit, available at Topshop for $72

Styled To Rock, a new reality competition series produced by Rihanna, just added another all-star judge. Model, designer, actress and entrepreneur Erin Wasson will join Pharrell Williams to help guide twelve up-and-coming designers as they get ready to design for some of the biggest names in entertainment.

“We could not have asked for a better addition to our team,” said Salaam Coleman Smith, President of Style Media.“As a leading model and mainstay in the fashion industry, Erin’s unapologetic approach to fashion and free-spirited style will give the “Style to Rock” designers invaluable insight.”

Alexander Wang’s former muse and stylist made the move to fashion design in 2008 when she launched her own line of jewelry, Low Luv, a three-season collaboration with RVCA. She followed up by designing a studio capsule collection for the French brand, Zadig & Voltaire.

The series will air later this year on the Style network, joining XOX Betsey Johnson, Giuliana & Bill, and Tia & Tamera.