Also, Rick Owens just opened a store in London with a plastic head, and Isaac Mizrahi has a new radio show.
• Talbots lost $366.5 million in the fourth quarter. The company is trying to sell its J. Jill division to ease this pain. [WWD]
• Rick Owens just opened a store in London, which boasts a plastic model of the designer's head and gray and white M&Ms with the Rick Owens logo by the cash register. Owens will open a store in Tokyo next and then take a break because he likes "being able to … move things around and fluff the pillows and stuff.” [WWD]
• Isaac Mizrahi has a new show on Martha Stewart Living Radio, debuting from 7 to 8 p.m. on Thursday. He will take calls from listeners and dispense fashion advice. [Fashionista]
• Spotted: Michael Jackson wearing a crystal-encrusted zebra Balmain T-shirt from the women's fall 2009 collection. We never realized it, but what a perfect match of man and label. [Grazia]