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Breaking: Chloé Hires New Designer

Looks like the executives at Chloé are tired of being hit-and-miss. WWD reports that the fashion house is replacing creative director Paulo Melim Andersson with Hannah MacGibbon:

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Fashion Faces the Super Bowl; Halston Faces Resuscitation

• The scheduling conflict between Super Bowl Sunday and Fashion Week isn't a huge problem, since the two fan bases are relatively separate. Or they were, until this one quarterback started dating a certain model... Now even Bryan Bradley understands if you want to skip his Tuleh show to catch the first quarter.

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The Top Ten Models to Watch This Fashion Week

Natalia, Sasha, Jessica, Gemma — we all know the runways' favorite girls. But every Fashion Week brings a crop of fresh faces. From a former cross-country star to the new face of Nina Ricci, here’s who will be dominating the New York catwalks this February.

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Fashion's Favorite Twink to Head Ungaro

Cortazar
French design-house Emanuel Ungaro is expected to announce today that they've appointed New York design whiz kid Esteban Cortazar as womenswear chief. The choice of Cortazar, who says he's 23 years old, is sure to surprise many in the fashion world because of his relative inexperience (though he's been showing in New York since he was 18) and the fact that he's been taking a break from fashion lately. He didn't show last season, and you're more likely to see him posing for pictures on the red carpet than one of his designs. (Or see him on Top Chef!) "Ungaro chief executive officer Mounir Moufarrige has a knack for making surprising designer choices," reports WWD. "As president of Chloé, he picked the then 25-year-old Stella McCartney to succeed Karl Lagerfeld in 1997." Ugh: young, cute, talented, and given opportunities beyond his years? We're so resentful. He didn't even have to date Harvey Weinstein! Ungaro Taps Cortazar [WWD]

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‘Times’ Editorial Chief Andy Rosenthal, Unplugged

MEDIA • Incoming Time Warner CEO Jeffrey Bewkes may well spin off the company's huge cable unit, but a sale of Time Inc. looks unlikely since the small potential proceeds (and big tax penalty) would little benefit a company of Time Warner's size. [NYT] • Times editorial-page editor Andy Rosenthal calls all executive editors, including Bill Keller and his own father, crazy. Sweet. [Radar] • Rupert Murdoch is confirming to all his friends he plans to bring in Times of London editor Robert Thomson to become the Journal's publisher as part of an "Aussie invasion" in the first few months of next year. [Guardian via Media Mob/NYO]

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Greg Larkin Was the Al Gore of the Subprime Mess

FINANCE • Alan Greenspan was giddy when old buds Don Rumsfeld and Dick Cheney took over the White House. But it turned out they were bad boys and not his friends at all. Check out this and more in Greenspan’s new bio. [NYT] • So basically everyone’s sitting around twiddling his thumbs today while waiting to see just how much the Fed cuts rates tomorrow. The market has already priced in a quarter-point cut, and the real speculation is whether they’ll cut a full half-point. [DealBreaker] • Greg Larkin of obscure research firm Innovest was like the Al Gore of the subprime mess. [ NYP]

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