Prada Waits Out the Economy; Thakoon Still Giddy Over Obama

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Prada denies seeking a Dubai-based investor and says it still plans go public when the economy improves. [WWD]

• Critics like Jonathan Saunders' debut collection for Pollini, praising the "pretty clothes" and "slimmer tailoring" with "plenty of commercial appeal." [Fashionologie]

• At a party in Milan, Robin Givhan ran into Thakoon Panichgul, who was still "giddy" about seeing his dress on Michelle Obama at the Democratic National Convention, especially because "she bought it herself and wasn't styled into it." [Off the Runway/WP]

• When Sarah Palin met Afghan president Hamid Karzai, she wore earrings in the shape of her home state of Alaska. Previous misguided earwear choices include a beaded set that looked to have come from a "local craft fair" and Britney Spears–esque giant gold hoops. [Guardian]

• AOL was supposed to feature Joan and Melissa Rivers's notorious comedic Emmys red-carpet routine online but decided against it because their fashion critiques were "too offensive." We feel so deprived. [NYP]