• Burberry's sales surged 14 percent in the first half of the year, but they "expect trading conditions in the all-important third quarter to remain volatile and uncertain." Sounds about right. [British Vogue]

• Ashley Olsen, Kate Bosworth, Tim Gunn, and Karl Lagerfeld will present at the Fashion Group International's annual Night of Stars next month in New York. BRING IT. [WWD]

• Madonna wore a pair of Chanel's stacked "Miami Vice" shoes with miniature gun heels to the premiere of Filth and Wisdom (her directorial debut!) last night. [Daily Mail]

• Jeanne Lanvin's art collection, including Impressionist and Modernist works by Renoir, Boudin, and Vuillard, and one Picasso, could fetch $40.3 million at Christie's in Paris. [WWD]

• Italian lingerie brand Yamamay cast Elettra Rossellini Wiedemann for the new campaign because "she isn’t built like a typical model, but has just the right curves to emphasize feminine sensuality." [WWD]