Fashion Week Means Big Bucks; Michelle Obama Poses for ‘More’ Cover

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• Fashion Week starts today! And that means money, honey: the spring 2009 shows are expected to attract 116,000 attendees who generate $233 million in spending for a total economic impact of $391 million for our fair city. Yowza. [Fashionologie]

• Michelle Obama is on the cover of More's October issue. She insisted on wearing her own clothes for the shoot and appears in a lovely pink Maria Pinto dress, as you see here. [WWD]

Arlenis Sosa is the new face of Lancôme. [Fashionista]

• Authorities have imposed a $200,000 lien on Dennis Basso's Central Park apartment. Basso says it's "nothing" and "all taken care of." [NYP]

• Adidas and Wal-Mart have settled their three-year-old trademark suit, according to court documents filed in Oregon. Adidas accused Wal-Mart of copying its three-stripe logo, but both parties have agreed to dismiss the suit. [WWD]