Saks to Close San Diego Store; See Met Gala TwitPics

• Saks Fifth Avenue will close its San Diego location by July 17. The 70 employees will be offered transfer opportunities or severance packages. [WWD]

Louis Vuitton has a value of $19.8 billion, which is up 2 percent from 2009. [Bloomberg BusinessWeek]

Rachel Roy, Liya Kebede, and Coco Rocha all posted TwitPics of themselves on the way to the Met Gala last night. [SheFinds]

• Angela Lindvall is on the cover of June's British Vogue. The issue also includes a look at the "bright and beautiful depths of [Olivia Palermo's] wardrobe." [Vogue UK]

• Lingerie is a surprise hit for Phillip Lim. Sales have grown 187 percent in the first three seasons, reaching $3 million in wholesale sales. He will expand to loungewear this fall. [WWD]

• The latest Versus collection by Christopher Kane is now available at Versace's Fifth Avenue store. [Fashionista]

• The next collection of Pierre Hardy for the Gap lands in stores on May 10. Check out a preview of the collection here. [InStyle]

• Fashion blogger Garance Doré shot Club Monaco's fall look book. [WWD]