Istithmar World Capital the backers of Barneys are injecting a significant amount of capital into the retailer in order to keep it out of default with vendors and continue operating.

Kimora Lee Simmons who is pregnant with Djimon Hounsou‘s baby boy has been spotted wearing a T-shirt with the tag “Baby Phat” and an arrow pointing at her belly. The T-shirt will be available at babyphat.com for $44 USD, the baby is due this summer.

“When you left I lost a part of me” says Mariah Carey and now when you leave your house you can bring a piece of her with you. M by Mariah Carey the fragrance launches this month and retails for roughly $52.50 USD for the 1.7 oz bottle.

GUESS drama. Long story short 3 brothers started Guess; Paul, Maurice and Georges Marciano. Georges left the company and sued and hasn’t spoken to his brothers for 8 years now. Georges will soon be running for Governor of California in 2010 and GUESS wants you to know that they will not support him and they have nothing to do with him. How dramatic? I just hope they don’t end up making up if he wins.

Rachel Roy, fashion designer and wife of Rap Mogul Damon Dash has inked a deal with Macy’s to bring an exclusive collection the retailer.