• Tracy Reese will unveil a new, higher-end label called the Tracy Reese Black Label along with her spring Tracy Reese line at her Fashion Week show on September 11. [WWD]

• Stella McCartney and Vivienne Westwood have been approached by PETA to create a faux-fur alternative to the traditional bearskin hats worn by guards at Buckingham Palace. [British Vogue]

• Jean Charles de Castelbajac wrote a song to pay tribute to Serge Gainsbourg and Jane Birkin. Rufus Wainwright and Mareva Galanter recorded the track for Galanter's upcoming album. [British Vogue]

• The New York Observer will launch a bi-annual fashion and lifestyle glossy magazine in November called Observer Style. [Fashion Week Daily]

• Managers at Forever 21 have been telling their staff to "look out" and "be prepared" for an influx of editors and stylists coming in for Fashion Week shopping. They are a vicious breed. [Racked]