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Your Morning Fashion and Beauty Report: Jennifer Lopez has a wardrobe malfunction. Kate Middleton favorite Katherine Hooker to offer cashmere sweaters. Guess co-founder plans retirement.

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Word is that Azzedine Alaia was offered the disgraced John Galliano’s job as creative director at Christian Dior -- and turned it down. [Financial Times]

Versace is on tap to do a one-time collection for H&M. It’s scheduled to hit stores in November. [WWD] (Subscription required.)

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One of the Duchess of Cambridge’s favorite designers has inked a deal to make an exclusive line of cashmere sweaters. Katherine Hooker, whose tailored designs have been a staple of the former Kate Middleton’s wardrobe for years, has signed a deal with the historic firm Johnstons of Elgin, which is the only Scottish firm that transforms raw cashmere from fiber to finished product. Most recently, the duchess wore a Katherine Hooker creation for last week’s Order of the Garter service, shown here on the right with her mother-in-law, the Duchess of Cornwall. [Telegraph]

It was Jennifer Lopez’s turn for a wardrobe malfunction on Saturday, when a gust of wind blew her skirt up as she arrived at a German talk show’s outdoor set. She bent over to pull the skirt down and kind of fell out of the top. Oops. [People]

And Aretha Franklin suffered a wardrobe injury when she tripped over her Jimmy Choo stiletto and broke a toe. [People]

Anna Della Russo, the fashion director for Vogue Japan who has been called the ‘Lady Gaga of Fashion Week,’ apparently shocked onlookers at the Moncler men’s show in Milan, Italy, over the weekend by looking not at all shocking but downright demure in a floral dress from Miu Miu. [Telegraph]

Our Adam Tschorn is at the shows too, and you can follow his coverage throughout the day on All the Rage.

Dame Vivienne Westwood has a new line of eco-conscious accessories created in partnership with the International Trade Center and their Ethical Fashion Africa Project. The bags are made by local artisans from recycled materials and sell for $83 to $339 on YOOX. [StyleList]

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Maurice Marciano, chairman and co-founder of Guess Inc., plans to retire at the end of the company’s fiscal year, Jan. 28, 2012. [WWD] (Subscription required.)

The new Splendid (known for super-soft tees, stripes and baby clothes) at the Grove in Los Angeles threw a craft party for parents and kids on Sunday, with stations for making flip books and button-making. [Mondette]

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Jewelers turn buttons and bones into objects of beauty

-- Susan Denley

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