A preview of Siriano's Payless line.Photo: Courtesy of Christian Siriano

• Nike is cutting 4 percent of its 35,000 employees. [WWD]

• Christian Siriano's Payless collection will debut at his Bryant Park show on February 19. “I wanted it to be hard and rock-esque,” Siriano says. [WWD]

• Moschino's first online store launches Monday. The first 500 customers get an exclusive accessory. [WWD]

• If you want to see more of Bar Refaeli and Brooklyn Decker in the new Sports Illustrated swimsuit issue, here you go. [NYP]

• MTV is bringing back House of Style. Bar Refaeli will host. [Fashionista]