>> Models Photograph Themselves for Vogue Italia's December 2009 Twitter Cover Story —Steven Meisel devoted the January 2007 issue of Vogue Italia to webcams and YouTube, and for the magazine's last issue of the decade, it's all about Twitter.  So far, only the December 2009 cover has surfaced, featuring Kasia Struss alongside iconic top models Lara Stone, Natalia Vodianova, Christy Turlington — and in a surprise, the currently close-to-the-end-of-her-pregnancy Gisele Bundchen — but word is that the models on the cover and in the accompanying editorial inside all photographed themselves, in an ode to Twitpic. [TFS, TFS]

>> Versace the Subject of Upcoming "Untold Story" Book by Wall Street Journal Reporter —In 2006, Alicia Drake's The Beautiful Fall: Lagerfeld, Saint Laurent, and Glorious Excess in 1970s Paris took the fashion world by storm; in 2007, it was Dana Thomas's Deluxe: How Luxury Lost Its Luster. Since, there's been a dearth of solid industry reading, but 2010 may end the drought. The Wall Street Journal's Deborah Ball has House of Versace: The Untold Story of Genius, Murder, and Survival coming out Feb. 2, marking the first book in English written about the Versace clan. It includes interviews with Gianni Versace's friends, lovers, Naomi Campbell, and Anna Wintour. [Chic Report]

Refinery 29's five favorite December fashion magazines.

Proenza Schouler launches e-commerce with a collection of wallets, satchels, and key chains in limited edition runs of 100.

From Lady Rocha to CoCorico, a list of name suggestions readers have submitted for Coco Rocha's new fashion line.

Naeem Khan created five dresses for Michelle Obama to consider wearing to the State Dinner.

H&M expands into home furnishings and plans to open stores in South Korea and Isreal next year.

Target partners with Liberty of London for a collection of fashion, home, and accessories.

Sean Combs sold out his entire fragrance collection within sixteen minutes on the Home Shopping Network last night.

Source: Refinery 29

>> Designers are really starting to sound off on bloggers — Domenico Dolce and Stefano Gabbana have been plastered all over the place after seating four bloggers in their Spring 2010 front row; Gabbana told the Wall Street Journal: "It's the future. How many young customers don't read newspapers — they read blogs!"  Alber Elbaz recently admitted that he's "really scared of bloggers," and it sounds like Christopher Kane tends to agree. He told Vogue UK:

“It’s a bit mad, isn’t it? It feels like it’s happened all of a sudden and at some shows this season the front row was just all bloggers. I think it will die down though, and people know what they are doing. No one who wants to read a serious review of a show is going to look at what a 14-year-old thinks. But it has become more critical; people can say what they want about anyone on a blog without consequences and that’s quite scary. There are real repercussions for a designer if a photo of something is leaked by a blog; it can be copied in a fortnight and that can really harm a business. You have to be much more careful now.”

On Versus, Lara Stone, and the rest of the media »

>> Who Buys Victoria's Secret's Million-Dollar Fantasy Bras? —Every year, one Victoria's Secret Angel is chosen to wear a multimillion dollar diamond bra — this year, Marisa Miller donned the $3 million Harlequin Fantasy Bra, courtesy of Damiani — for the brand's annual Fashion Show, but what happens to the bra after the taping?  The Wall Street Journal reports: "No one has ever purchased the Victoria’s Secret Fantasy Bra, the company said. Past bras — including the 2006 Hearts on Fire Diamond Fantasy Bra, worth $7 million — have all been dismantled." [WSJ]

>> Last night, shortly before the Victoria's Secret Fashion Show aired on television, another mass retailer was holding its own lingerie fashion show — live — in Paris.  Jean Paul Gaultier, Nadja Auermann, Ellen von Unwerth, Eva Herzigova, and Marie-Ange Casta (younger sister of Laetitia) gathered at the Grand Palais last night for the Sonia Rykiel for H&M launch party, complete with an eleven-story high Eiffel Towel replica and models dancing, swinging, and even biking on the extravagant parade floats that puttered down the runway in front of the 2,000-odd guests.  Surveying the extravaganza — which included fireworks set off inside — Haider Ackermann put it best: "So much for a crisis.”

The lingerie portion of the collection is in stores this Saturday, Dec. 5, and the parade provided the first glimpse of the knitwear portion, out Feb. 20.

Video: The show! »

Lady Gaga is on the January cover of Elle magazine talking career, love, and years spent waitressing in New York. On the subject of differentiating herself from other sexy pop stars, she tells the magazine:

“My album covers are not sexual at all, which was an issue at my record label. I fought for months, and I cried at meetings. They didn’t think the photos were commercial enough…The last thing a young woman needs is another picture of a sexy pop star writhing in sand, covered in grease, touching herself.”

Amen to that, and to doing it while wearing next season's Alexander McQueen. On the subject of romance and relationships, Gaga shares that she eventually wants to start a family.

“In eight to 10 years, I want to have babies for my Dad to hold, grandkids. And I want to have a husband who loves and supports me, just the way anyone else does.”

[Elle]