Polo Ralph Lauren’s Earnings Plummet; Burberry’s Profits Doubled in the Last Fiscal Year

Photo: Courtesy of Burberry

• In the last fiscal year, Burberry’s profits more than doubled. [WWD]

• But Polo Ralph Lauren’s profits dropped by 31 percent. [WSJ]

• Justin Bieber reportedly spent $25,000 on a jeweled pendant of Stewie from Family Guy. [OK]

• Tyra has a new Fa-Fa-Fa-Fashion, this time with a discussion on shapewear. [TypeF]

• Simon Doonan told the graduating class of FIT to make sure they have at least one drag queen friend at all times, as “they’re very life-affirming.” [Racked]

• E-commerce sites are increasingly partnering with big-name stylists. [WSJ]