Your morning fashion and beauty report: Best and worst Oscar looks. Gareth Pugh not going to Alexander McQueen.

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Our favorite looks from the 2010 Academy Awards. [LAT]

Gareth Pugh is not Alexander McQueen’s successor. [Telegraph UK]

Lindsay Lohan ‘not involved’ in Ungaro fall collection. [WWD]

Do you Tweet about brands more out of hate than love? [Advertising Age]

Underwear made from banana fibers? [Boing Boing]

A day in the life of: Chanel accessories designer Laetitia Crahay [Marie Claire]

Payless launches beauty line. [WWD]

Giuseppe Zanotti launches a Web-only footwear and handbag collection. [WWD]

-- Whitney Friedlander