So obviously I get up to get water more than the average person and the reason is simply for the water cooler gossip. This week the water cooler buzz has been about Tommy Hilfiger possibly snapping up Peter Som as his Creative Director. WWD is reporting that Tommy Hilfiger has been looking for a Creative Director since 2007. No word yet on why the position hadn’t been filled. Camp Som and Camp Hilfiger are keeping mum about the their possible future relationship. Sources close to the matter are saying that Som may take on the role as a consultant and that the partnership will be made public after New York Fashion Week. Why not during Fashion Week?

Rumor around the fabric swatch room is that Jean Paul Gaultier will part ways with Hermes. The six-year relationship as Hermes’ Creative Director will end after his last show in October. Gaultier who produces his own line under his namesake label will not be far from Hermes, as the company owns a 35% stake in the Jean Paul Gaultier brand. No word yet on why Gaultier is leaving Hermes, but speculation about sales and profits are not factors as the company is reporting increases in profits in all aspects of the business from Leather Goods to Ready to Wear. That’s all we heard from the swatch room, we’ll keep you up to date if we hear something from the water cooler.

Jean Paul Gaultier at the Hermes Fall 09 Ready to Wear Show

While on a photoshoot for British Elle $41,000 worth of jewelry went missing. Now I’m not pointing any fingers but I will point an elbow at Lindsay Lohan, not to say she’s a thief but her behavior as of late has been shifty. Although Elle released a statement saying that they did not believe that Lindsay was “ in any way responsible”, I’d still like to check her apartment.

Lindsay Lohan for Elle UK's Sept 09 Issue

Rumor has it that Alber Elbaz from Lanvin may replace Karl Lagerfeld at Chanel. After scratching my head for 20 minutes and scramming for my phone so I can call Karl the idea almost seemed possible. Unlike the Anna Wintour leaving vogue to be replaced by Carine Roitfeld rumors, Karl’s potential predecessor is extremely qualified. Before I continue I must say that Karl Lagerfeld is Chanel, Coco may have founded the house but it’s Karl Lagerfeld who really gave the house the edge that it has now. Going back to Alber Elbaz he is another fashion prodigy, a God of amazing cuts, and tailored perfection. All reasons why I can see him taking the helm at Chanel.

Karl Lagerfeld from Chanel Vs Alber Elbaz from Lanvin

But Chanel sans Lagerfeld would be weird for some and a delight for others. For the Chanel enthusiasts they may not want to weather the changes that Alber Elbaz would make while others are craving for some new blood and a new take on Chanel. I know some people believe that rumors stem from the truth but in fashion they usually come around the time that contracts are up for renewal. Cathy Horyn recently asked Lagerfeld about the rumors and he answered, “forget about it” and that he will die in his boots. Not to mention the fact that Alain Wertheimer, whose family owns Chanel, said he would sell the house when the designer leaves. No formal word on what that means but my guess is it’s safe to assume that the Kaiser will not be leaving Chanel for now.

Last we heard, Bill Blass was sold after Peter Som left and the new owners Peacock International Holdings filed bankruptcy, with eventual plans to start the line back up. Then, last week, the search for a new creative director was revealed to be on, with plans to relaunch later this year. Several industry sources are now indicating that Richard Chai may be the man to take over — he is supposedly in talks with Peacock. Click here to read the rest of this post (Via Fashionologie )

Richard Chai

…Click to continue reading | Jet-Linked: Chai to Bill Blass, Vuitton Fall/Winter 09, Givenchy’s Miracle

Rumor has it that Marc Jacobs and his Ad Executive boyfriend Lorenzo Martone are engaged. Last year a similar rumor emerged but according to a representative from the Louis Vuitton press office in Paris “They’re just rumors” and that “there’s no truth to it at all”. But an unnamed source did tell PageSix.com that the couple did make a “civil solidarity pact” because same sex marriages are not yet legal in France. The two have been dating for over a year and at the moment Marc is in Brazil reportedly meeting Lorenzo’s mom.

Marc Jacobs and his boyfriend Lorenzo Martone

…Click to continue reading | Marc Jacobs engaged?

As you may be aware of Anna Wintour’s contract at Vogue is due to expire at the end of the year. Now rumor has it that she could be possibly replaced by French Vogue Editor Carine Roitfeld. This scene is straight out of The Devil Wears Prada. Now i just hope that Andrea got to her soon enough to warn her. Oh say it ain’t so. Anna no longer at Vogue? She’s been there for 20 years, I know she’s made some bad decisions but her better ones are what kept the magazine alive and thriving.

Us Vogue Vs French Vogue

This economy is not on her side either as ads sales are dropping and her salary of $2,000,000 a year has become a burden on Conde Nast. …Click to continue reading | Is Carine Roitfeld Replacing Anna Wintour?