Chanel, Louis Vuitton Poised to Flourish in Recession; Kimora’s New Baby Has a Name!

Gisele, May 2004.

• A public memorial service was held in Paris yesterday to mark the first anniversary of Yves Saint Laurent's death. [WWD]

• Topshop, Chanel, Louis Vuitton, and Forever 21 were ranked most likely to flourish in the recession in a new survey. [WWD]

• Rumor has it British magazine The Face might come back next year. It closed in May 2004. [Fashionologie]

• Queen Elizabeth II awarded handbag designer Anya Hindmarch the Member of the Order of the British Empire medal yesterday for her contributions to the fashion industry. [StyleList]

Kimora Lee Simmons and Djimon Hounsou named their new baby boy Kenzo Lee Hounsou, after the retired Japanese fashion designer Kenzo Takada. [NYP]

• Christian Louboutin was spotted eating dinner the other night at Boqueria in Soho! [Racked]