Oscar de la Renta’s New Kids’ Line; Wonderbra’s Bungee-Jumping Ad Campaign

Keep it classy, Wonderbra. Photo: Ian Gavan/Getty Images/Getty Images

Oscar de la Renta hired a new vice-president of design for childrenswear. It's de la Renta's first real foray into an in-house children's line — there'll be a capsule collection for spring 2012, with full clothing ranges for girls and boys launching in fall 2012. [WWD]

• At a launch event in London, Wonderbra projected a large-scale image of a model wearing its new bra onto the side of a building. Then, people bungee jumped off the building so that it looked like they were diving into the model's cleavage. [Daily Mail UK]

• The Mormon college in Idaho that banned skinny jeans quickly overturned its ruling. [Gawker]

• Paz de la Huerta looks glossy and (perhaps surprisingly) well-put-together on the cover of Spanish magazine S Moda. [Fashion Gone Rogue]

• In their "Man of the Week" feature, WWD thinks there's "almost nothing right" about presidential candidate Newt Gingrich's outfit. They suggest the presidential hopeful trade in his plans for the White House for a job in Santa's grotto. [WWD]

• H&M is looking to open in smaller Chinese cities as it faces competition from other foreign retailers. [WSJ]

• Jezebel totaled up the cost of nearly all the items featured in Vogue's 2011 Perfectly Extravagant Holiday Gift Guide — even those listed as "price upon request." The total, even minus one gold necklace set with diamonds, came to over $900,000 — perfectly extravagant indeed. [Jezebel]

• Peter Davis, editor of Avenue magazine, resigned yesterday and, "Page Six" reports, "was walked out of the building, leaving the January and February issues unfinished." [Page Six/NYP]

Hermès set a world record for the highest price for a handbag sold at public auction: $203,150. [WWD]

• Carey Mulligan covers the November 2011 issue of French Elle in a shot almost identical to her October 2010 cover of Vogue. [Fashionista]

• Aliana Lohan is quite thin, because she's trying to make it as a model. Cue some tabloid hand-wringing. [Us]

Phillip Lim introduces a "31 Hour" bag line this spring, designed for those "who need more than 24 hours in a day." [WWD]

• Clemence Poesy is the new face of G-Star Raw. [Catwalk Queen]

• Joe Zee is StyleMint's December guest-editor. [Elle]