• Karl Lagerfeld video alert! The Feldinator says he doesn't design for emerging markets, but for the future. Ooooh. Why "flatter" the customer because they want the designer's vision? Wise words, Karl. [WSJ]

• America's Next Top Model is hiding the photos of select winners past in the house. Also, last night's guest judge Paulina Porizkova was amazing. [Jezebel]

• Wildlife photographer Peter Beard partied at the Cavalli party in Paris till the wee hours. [Style.com]

• Zooey Deschanel and Kirsten Dunst are going to the premiere of Erin Fetherston's movie at L.A. Fashion Week. Assuming Dunst gets out of the 'hab. [Nylon]

• The CEO of Victoria's Secret says the brand has become too sexy. Well, that's what you get. [WSJ]

• Check out Gwen Stefani on the cover of the March/April V magazine. Kind of awesome. [Catwalk Queen]