Christian Lacroix Begins Schiaparelli Revival

At long last, Italian fashion magnate Diego Della Valle has clarified the designer strategy for the storied house, whose trademarks and archives he purchased in 2006, and whose relaunch he announced after 2012's Schiaparelli-and-Prada-themed Costume Institute Gala. According to a press release, in July, Monsieur Christian Lacroix"will pay homage to the Schiap legend by interpreting her iconic creations while perpetuating her timeless image" with a fifteen-piece collection presented at 21 place Vendôme, Elsa's former headquarters.

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Galliano Gets His Very Own Job Rumor

We've been so distracted by the driver's seat at Dior that we nearly forgot about Galliano's suspended career — but not about his beanie and twenties-style mustache. Buried in a longer story on Derek Lam leaving his post as Tod's creative director, comes the following teaser:

Lam’s departure coincides with continued speculation that John Galliano was in talks with the Italian firm to either do a Tod’s capsule collection or revamp its Schiaparelli brand. However, [chairman Diego] Della Valle firmly dismissed the rumors.

Dang, Della Valle. Schiaparelli has been without a head designer since its acquisition in 2007 and we're sort of sweet on the idea of Galliano at the helm. In any case, as Fashionista points out, the "Elsa Schiaparelli and Miuccia Prada: On Fashion" Costume Institute exhibit is scheduled for May at the Met, setting the perfect scene for a big job announcement.