• Peter Davis, the former features editor of The Daily, has been tapped as the editor for Avenue, the monthly print publication and newly launched website. He succeeds Julie Dannenberg Janet Allon. [WWD]

• Abbey Lee and Arthur Sales swoon over their reflections in Kenzo is reportedly about to name Eric Marechalle as their new CEO, replacing James Greenfield. [WWD]

• Cheryl Cole wears lots of beige on the cover of British Elle’s February issue. [Elle UK]

• The holiday sales results are in, and it looks like Forever 21, Target, and Coach had a strong season, while Gap, J.Crew, and Talbots didn’t perform as well as expected. [WWD]

• Retail stocks finished the year with a 23.5 percent gain, making them the highest they’ve been since 2007. [WWD]

• Ryan Seacrest stopped by Saks this weekend to shop for a fedora and the “perfect” dress for a friend. [Page Six/NYP]

• Putting Lady Gaga on the cover of your magazine is a surefire way to sell copies, apparently. [WWD]

• The Times wants to retire overused fashion terms like fashionista, heritage, and well-edited. [NYT]

• Christopher Martinelli was just named the new director of public relations, menswear, and men's celebrity for Avenue; Abbey Lee Models Tom Ford Eyewear" class="pin-it-button" count-layout="horizontal">

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