>> "I never thought I'd do a pink trouser suit, but I'm loving it," creative director Deborah Lloyd announced to a packed-in room at the Kate Spade Spring 2012 presentation last night. And what's not to love? The fuchsia pant-and-jacket combo looked right at home amongst the vibrant hues and tea-time silhouettes Lloyd has on tap for next season. There were also witty graphic t-shirts, candy-hued shoes, and bold floral prints designed by Australian artist Florence Broadhurst — the latter of which covered everything from dishes to a drool-worthy Vespa. Click through to see a selection of pics from the presentation, including looks styled by Brad Goreski.

Photos courtesy of Billy Farrel Agency

>> Giambattista Valli brings his particular breed of French-Italian chic to Macy's for Holiday 2011. Retailing from $50 to $150, the capsule will be sold nationwide in 225 Macy's stores — as well as online at Macys.com — starting Oct. 26 and features a bevy of super-festive Holiday separates: Shiny leopard-print shifts, voluminous ruffled party dresses, sequined tees, and wildly-patterned tux trousers. “This capsule reflects my enduring loves, but is really a celebration of my biggest inspiration of all — the energy and vitality of women themselves," Valli explains. "This collection is a passport into my world and a chance to experience the passion and romance of my house and Paris itself." Experience the collection — and peep images from the campaign — now, here in the slideshow.

Photos Courtesy of Macy's

>> For its second season, H&M's Conscious Collection goes ladylike and bold with eco-minded separates in decidedly nongranola styles. The 24-piece capsule features a grown-up selection of fitted dresses, midi skirts, pleated trousers, and embellished sweaters in moody floral prints and sustainable materials like organic cotton or recycled wool. Priced from $15 to $99, not only is the collection ultra-affordable, but it's also super on point for Fall 2011: jackets are sharp cut, blouses are Victorian tinged, and skirts are slim and made from lace. The collection is available in select H&M stores now, but preview the entire selection here — plus see photos from the campaign featuring Frida Gustavsson and Caroline Brasch Nielsen.

>> News is starting to flow about this year's Victoria's Secret Fashion Show, which tapes in a little less than a month at Manhattan's 69th Street Armory on Nov. 9.

Today, Kanye West and Maroon 5 were announced as the show's musical guests. Notably, Maroon 5 lead singer Adam Levine's girlfriend, Anne Vyalitsyna, is confirmed to walk in the show, and West's rumored girlfriend Chanel Iman — who recently closed his debut womenswear show at a day's notice — will also walk as one of the Victoria's Secret Angels.

Speaking of Angels, this year's lineup seems curiously devoid of Rosie Huntington-Whiteley, throwing into question whether she will be walking at all — or just walking without wings. Miranda Kerr, Chanel Iman, Alessandra Ambrosio, Adriana Lima, Doutzen Kroes, Candice Swanepoel, Erin Heatherton, Lily Aldridge, Behati Prinsloo, and Lindsay Ellingson, however, are all expected.

The show airs on CBS on Nov. 29 at 10/9 CST. A few sketches of this year's costumes, in the slideshow.

>> Nicholas Kirkwood took off to Bali in August and came back inspired by the florals and tropical brights. “[It] was my first holiday since starting the business seven years ago,” he explained. “And I came back wanting to do something more colorful and a little softer than before.” Preview his Spring 2012 collection — including runway collaborations with Peter Pilotto, Roksanda Illincic, and Erdem, in the slideshow — all now available for preorder on Moda Operandi.