Versace Profits Down; Posh Spice Seen in Flip-flops

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Photo: Courtesy of Zac Posen

Versace's net profits fell 30.7 percent last year, largely due to the exchange rate. At a constant exchange, profits would have grown by 10 percent. [WWD]

• Second man to land on the moon Buzz Aldrin has been cast for an upcoming Louis Vuitton campaign. He's supposedly flying to a desert in the U.S. to be shot by Annie Leibovitz this week. [WWD]

Zac Posen's first-ever ad appears in the new issue of Fanzine137. It stars Alexandra Tomlinson. And a cat. [WWD]

• Here are some pictures of Posh Spice wearing flip-flops and what looks like her husband's jeans. Just when you thought you'd seen it all. [Just Jared]

• Here are some pictures of Marc Jacobs and fiancé Lorenzo Martone being in love and hang gliding in Brazil. [Made in Brazil, Love]

• Blake Lively and Leighton Meester had trouble putting on and walking in the high heels they had to wear while filming the Gossip Girl season finale. [NYDN]