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Fashion News: Angels walk runway in Victoria's Secret Fashion Show

November 11, 2011 |  8:05 am

Victoria's Secret runway

Miranda KerrVictoria's Secret's $12 million annual fashion show took place in New York on Wednesday night (we'll get to see it when it airs on CBS on Nov. 29), and it featured, well, lots of fantasy lingerie no real woman will ever wear. Like the gold-plated wings worn by Alessandra Ambrosio that were decorated with 105,000 Swarovski crystals and that weighed 22 pounds, or the $2.5 million, jewel-encrusted bra shown off by Miranda Kerr, at left. (Husband Orlando Bloom cheered her on from the front row). The event featured music from Maroon 5, Kanye West and surprise guest Jay Z. [Telegraph]

Marc Jacobs is no longer seen as a shoo-in to replace John Galliano as Christian Dior creative director. Jacobs had been the hottest contender, with negotiations going on since summer. But Louis Vuitton, where Jacobs currently is creative director, reportedly balked at losing the star designer -- and Dior reportedly thought Jacobs wanted too much money. Now WWD reports LVMH -- which owns both houses -- is discreetly looking around at other design talent. [WWD] (Subscription required.) [The Cut]

A picture that's surfaced on the Fashion Spot shows Kim Kardashian on the cover of December's Marie Claire, wearing her wedding ring. But the cover type reads "What Went on in Her Crazy Marriage," indicating either that the magazine editors knew the marriage was doomed weeks ago -- when they would have had to go to press -- or they made an impressive last-minute save.[Fashionista]

Katie Holmes took modeling classes in her teens, and she returned to her modeling roots recently, posing in an ad campaign for jeweler H. Stern. She looks stunning in the jewels; you can see why the mere thought of her would make Tom Cruise jump up and down on furniture. [Daily Mail]

Loulou de la Falaise
Funeral services were held in Paris on Thursday for Loulou de la Falaise, Yves Saint Laurent's muse and creative collaborator, who is on the right in the photo above. She died Saturday at age 63 or 64 (reports vary) after an undisclosed illness that sources say was cancer. [WWD]

Mary-Kate and Ashley Olsen are on the cover of Vogue's "Best Dressed" issue, an annual supplement. This year's theme is "Dynamic Duos" -- like the Olsens, the Middletons, the Fannings and the Knowles sisters. [The Cut]

Pieces purported to be from the Versace for H&M line have popped up on eBay, even before the line has gone on sale.  [The Cut]

 --Susan Denley

Photos: Top, the scene on the Victoria's Secret runway on Wednesday night. Middle, Miranda Kerr models the $2.5 million bra. Both photos by Brad Barkett / Associated Press photos.

Bottom, Loulou de la Falaise, who died Saturday, is shown at right, with model-muse Betty Catroux and designer Yves Saint Laurent in September 1969. Associated Press photo


Versace for H&M: The Review

Kim Kardashian minus wedding ring after divorce news

Miranda Kerr previews $2.5 million Victoria's Secret bra