Your morning fashion and beauty report: Kate Middleton's dress sells for big bucks, Michelle Obama dresses for the garden, and Karl Lagerfeld is everywhere

[Updated March 21, 7:35 a.m.] Is there anything Karl Lagerfeld can't do, the Telegraph wonders. He heads up three fashion houses (Chanel, Fendi and his own eponymous label); he's a designer, photographer, illustrator, director and actor. Now he's directing an ad campaign for an ice cream company, and on April 16 is opening a pop-up hair salon for Scharzkopf in his home town of Düsseldorf. [Telegraph]

How great is it to see a first lady looking like a real person? Michelle Obama did Wednesday when she kicked off the spring gardening season at the White House wearing ... well, pretty much what I would in my garden: jeans, sneakers, purple tee, red sweater and (because it is colder in Washington than L.A.) an anorak. [Huffington Post]

Not so down to earth: The see-through dress that drew Prince William's eye to classmate Kate Middleton when she wore it in a charity fashion show while they were college students sold at auction Thursday for 78,000 British pounds (about $125,853) -- six times the price the auction house expected. The buyer? "Nick from Jersey" was all that was known at the time, and we don't think that means "Jersey Shore!" [Guardian] 

Completely not down to earth (but I think I must go buy one!): Panasonic has a new camera, the Lumix FX78 with Beauty Retouch, that automatically retouches your photos as they're shot so you will look your most beautiful. At the touch of a button (or two) you can whiten teeth, eliminate shine, make your eyes appear bigger and add makeup to your face. [BellaSugar]

Snooki isn't the only "Jersey Shore" celeb to get some fashion action. Word comes that Sammi "Sweetheart" Giancola has launched a collection of jewelry, Sammi Sweetheart, in partnership with costume jewelry brand RichRocks. [People]

Vanessa Seward, who designed Natalie Portman's SAG Awards dress, is leaving Azzaro. [WWD]

HauteLook, the members-only flash-sale website acquired by Nordstrom last month, is launching a site dedicated to shoes, solesociety.com.  [WWD] (Subscription required.) 

And to end on a note of good news (sort of): Retailers are reportedly scaling back clothing price hikes. They realized consumers are not going to pay more for clothes when we're already paying more for groceries and gasoline. [WWD] (Subscription required.)

-- Susan Denley

Photo: Karl Lagerfeld. Credit: Cristophe Morin / EPA

(This post originally incorrectly named Dior as the atelier Karl Lagerfeld heads. It is Chanel.)