BCBG Max Azria Is in Financial Trouble; Stefano Gabbana Leaked Vogue’s June Cover

BCBG Max Azria is trying to find a $230 million loan to refinance an existing debt. [WWD]

• In addition to Stella Tennant’s cover, i-D’s issue on hedonism has five other covers. Here’s one with Daphne Groeneveld (shown); others feature Behati Prinsloo, Amber Valletta, and Kristen McMenamy. [Models.com]

• Stefano Gabbana leaked June’s Vogue cover on his Tumblr: It’s Penélope Cruz, shot by Mario Testino, wearing a white lacy Dolce & Gabbana piece reportedly very similar to the recent Vogue Paris’ Gisele cover. But Vogue wasn’t happy and made him take the image down. [Styleite]

• Peggy Drexler says Jenna Lyons let her son Beckett watch clips of the brief controversy over pictures of him wearing nail polish that appeared a few weeks back: “He was just like, ‘I’m on television! I’m on television!’ It was very cute. He was over the moon.” [WWD]

• The L.K. Bennett wedges Kate Middleton wore the day after her wedding are being rereleased and renamed ‘The Kate.’ [Catwalk Queen]

• Sarah Jessica Parker is hosting an event for 40 fashion bloggers at this year’s Pitti trade shows. [Fashionista]