• Salvatore Ferragamo SpA may try for a higher IPO valuation rating than what Bloomberg describes as their rival Prada’s — 26 to 21 times the company’s respective estimated 2012 profits. [Bloomberg]

• Jessica Simpson will produce a collection targeted at young girls, with help from sister Ashlee. [WWD]

• And Tommy Hilfiger will launch a line of tween sportswear, called Tommy Girl. [WWD]

• WWD ran a rumor that Glenda Bailey might be on the outs at Harper’s Bazaar, and it’s gotten a lot of traction. [Fashionologie]

• Terry Richardson shot Lea T for a swimwear campaign. [Made in Brazil Blog]

• VIP tickets to New Jersey Fashion Week in October cost $350 per day. (The shows take place at the W Hotel in Hoboken.) [Racked]

• Apparently Deborah Needleman makes toast for her assistant. [Daily Front Row]

• Franca Sozzani, Manolo Blahnik, Christopher Kane, and Kate Grand will be among the industry insiders at a daylong "Vogue Experience" event at Harvey Nichols in London next week, where they’ll offer career advice and networking opportunities to attendees. [Telegraph UK]

• Here are images of the new handbag collection from Mary-Kate and Ashley Olsen’s line the Row. [TFS]

• Stella McCartney is moving her flagship NYC store from the meatpacking district to Soho. [WWD]

• James Long, Marques Almeida, and Maarten van der Horst will be the designers showing at London’s Fashion East runway presentation this coming season. [Vogue UK]