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Your morning fashion and beauty report: Michelle Obama, Rachel Zoe and the Hells Angels

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Michelle Obama, speaking Tuesday at the annual Women’s Conference in Long Beach, donned a Jason Wu sheath dress with an Alaia belt. [The Cut] And speaking of the first lady, a new study suggests her wardrobe choices have boosted the retail world by about $2.6 billion. [Vogue UK]

Ever wonder who is buying all those luxury goods during these tough economic times? Women’s Wear Daily (subscription required) points to China, whose economy defies the trends and continues to grow.

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Love Rachel Zoe? Want to dress like her? You’ve got opportunities, especially this evening when she is scheduled to appear on QVC to hawk her new collection. [The Cut]

Rodarte’s Laura and Kate Mulleavy have a few things to say about the intricate costumes they designed for the upcoming ballet thriller film ‘Black Swan.’ [People]

Kate Moss has just designed her final collection for Topshop. Check out a video of Moss dressing some of her best buds in pieces from the new line. [People]

Supermodel Lara Stone has won a fair bit of money from French Playboy. The magazine published unauthorized photos of her earlier this year. [Vogue UK]

What would a day be without news of the Hells Angels? They are suing Alexander McQueen, suggesting the British fashion house has misused its (trademarked) winged death heads symbol. [Vogue UK]

And, finally, the Material Girl wants the rest of us to shape up. Yes, Madonna is opening up a chain of gyms called (wait for it) Hard Candy Fitness. The first location? Mexico City. [Styleist]

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-- Alice Short

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