On June 17, Uniqlo will unveil its latest collaboration, Uniqlo + Velvet. The lineup will offer jersey and cashmere styles in four separate mini collections to be released throughout the year. Jenny Graham and Toni Spencer, the co-creative directors at Velvet, designed West Coast-inspired basics like cropped harem pants, cut-out tee shirt dresses, and racer-back tank dresses for the Japanese retailer and named each collection after a California hotspot (Hollywood Roosevelt, Rodeo Drive, Venice Beach).

In September, a cashmere collection will follow the summer offering—with trapeze cardigans, off-the-shoulder tunics, and asymmetric long-sleeved tops selling for $99.90 and $129.90.

In other Uniqlo news, the retailer confirmed that it has signed a $300 million, fifteen-year lease to build a second American store (after SoHo) at 666 Fifth Avenue. It is the largest retail lease ever signed in New York.

Freja Beha Erichsen and Lara Stone appear together in an eighteen page editorial wearing menswear-inspired pieces from pre-fall 2010—styled by Carine Roitfeld and photographed by Terry Richardson for Vogue Paris.

Patricia Field is launching House of Field swimwear, eyewear, and beach towels with a party and fashion show on May 25, the day after the SATC2 premiere.

Donatella Versace became a mentor to Christopher Kane four years ago, a relationship that is paying off with Kane's well-received relaunch of Versus.

Jim Ammeen, president of Neema Clothing, owns the license for Halton menswear and has released a turtleneck-heavy, disco-era collection for men.

Michael Kors is expanding and moving his New York flagship with a three-story, 5,500-square-foot store on Madison Avenue.

Rent the Runway, the website that allows fashion-loving, budget-conscious shoppers to rent designer dresses for 10% of retail prices, recently added accessories to its offering (from designers like Lee Angel, Kara Ross, Janis Savitt, Chan Luu, and CC Skye) and for fall has announced a handful of new designer partnerships. We're excited to report that Preen, Nina Ricci, threeASFOUR, Vera Wang, Hanni Y, See by Chloe, and Roksanda Ilincic have all signed on to rent their dresses beginning this July.

Our favorite part of the site is that you can shop by body type, neckline, or dress length and sort according to the date for which you need each item. Plus, some designers are selling pieces to Rent the Runway that traditional retail buyers didn't pick up, meaning you can often find a truly one-of-a-kind dress. All orders come with an option to add a second dress for $25 and, according to CEO Jennifer Hyman, handbags, evening coats, bridal accessories, and maternity wear are on the list to be added to the site in the very near future.

Marc Jacobs appears in his own advertising campaign for the first time, posing nude with a giant bottle of his latest men's fragrance, Bang. Longtime Jacobs collaborator Juergen Teller photographed the ads and is credited for coming up with the idea of a naked Jacobs on top of silver Mylar (a material he also used for a POP magazine editorial in the fall of 2005).

“This fragrance ad isn’t about some chiseled face on a beach — that approach wouldn’t be in line with what we’re doing,” said Jacobs. “This fragrance is for a contemporary guy, who, even if he isn’t young, has a younger spirit.” That said, it seems most national magazines will be running a version of the campaign with much less skin. There are shots with Jacobs cropped at the shoulders and one of only the bottle—"a version for Peoria, IL and a version for the Middle East," promised Claire Fermont Langlais, senior marketing director for Marc Jacobs fragrances at Coty Prestige.

It's pretty close but Jacobs has yet to go as far as the Tom Ford men's fragrance campaign from 2007 for which Terry Richardson photographed this image.

Mario Testino photographed Kate Moss in a gold one-piece swimsuit for the June/July cover of Vogue Paris.

Speaking of Moss, she celebrated a new Topshop location in Knightsbridge by wearing her jumper backwards.

Andre Leon Talley helped America's Next Top Model score Vogue Italia as next season's magazine partner, perhaps offering the winner a Steven Meisel-lensed cover.

Multi-model fall ad campaign rumors are popping up. Loewe is said to have booked Victoria's Secret girls Adriana Lima and Alessandra Ambrosio, while Miu Miu will feature Ginta Lapina and Daphne Groenveld.

According to insiders at The New York Times, Anne Christensen will be named editor in chief of T magazine, replacing Stefano Tonchi who is now at W.

>> Vogue Italia Partners with America's Next Top Model? —In the past, winners of America's Next Top Model have received a six-page spread in Seventeen, but in the last couple of seasons, the show has been upping its fashion quotient. First came Andre Leon Talley's arrival as judge, and now the announcement that for the upcoming fifteenth cycle, the winner will score the cover of Vogue Italia — which undoubtedly means a chance in front of Steven Meisel's lens. [NY Post, @MichaelAusiello]

These are not your grandma's furs. Zac Posen, who recently announced a desire to present his spring 2011 collection during Paris Fashion Week where "they understand the clothes," has released a new fur collection with Pologeorgis, a NYC-based manufacturer that also works with Chado Ralph Rucci and Chris Benz. Ever the showman, Posen's collection includes patchwork fox fur jackets and over-the-top, colorful coats dyed with blasts of lavender, red, and green.