>> Starting Thursday, fans of Pamela Love's geo-tribal cuffs, rings, and statement necklaces will get the chance to preorder the designer's Fall 2012 collection via Moda Operandi. In honor of the trunk sale — and Love's first time on the site — Bettina Santo Domingo went behind the scenes at the designer's studio, capturing the thought process and handiwork that go into each piece. "For the first time ever I was extremely inspired by the architecture from the 1920s in New York City," Love explains in the video. "It's really unique for me because normally I'm very focused on other parts of the world, but for this season I was really focused on the place that I live in." Get an up-close look at the designer at work — set to "Out of My Head" by Shadows On Stars — in the exclusive video below, then scroll down for a peek at some of the gorgeous pieces that will be available for preorder at the trunk show.

>> Those stories and more in our daily news roundup.

>> What's next for ousted Yves Saint Laurent designer Stefano Pilati? For the moment, he's not planning to jump back into the fray — or to do anything else for that matter.

Pilati told the audience that assembled to listen to him talk at the French Institute Alliance Française Tuesday night that after decades of being in the fashion industry, he's not exactly chomping at the bit to create more clothes. "I started to work in fashion at a really early age, and somehow leaving Saint Laurent ended a chapter, a career I started almost 30 years ago," he said. "For some reason, I realized I haven't planned any move."

That reason could be a number of things — Pilati ran through his entire history in the fashion business, having worked in retail and as a stylist before hitting it big as a designer for Miu Miu and YSL. Fashion writer Jim Chi quoted Pilati in a tweet as saying that "it's pretty beautiful what's happened to me," referring to being replaced by former Dior Homme designer Hedi Slimane a few weeks ago. "I'm really happy, which is something I never believed I could be under these circumstances," he said. And while Pilati might not be sure what his future circumstances will be, he was more than happy to talk about his past.

On making YSL profitable with the addition of accessories: "I lived the business aspect of fashion since day one . . . It's not something that for me was like, 'What do you mean? I am a creator! Who cares if you can sell it?' No way . . . I put aside my ego, I put aside my freedom, and I worked hard to respond to what the market was asking for . . . You design something and you want every single woman or man to wear it. You know that they're going to pay for it, so you're going to get some money somewhere. Maybe it's my education, but I never thought, 'I hope nobody gets this except for me.'"

On leading YSL after Saint Laurent's death in 2008: "A lot of people started to ask me, 'Do you feel something has changed?' or 'Is it going to change for you now that he's not alive anymore?' At first, I said, 'No, I don't think so, why?' I've always tried to do my best, but in fact it had changed. I could really feel the fact that his physical presence wasn't there anymore. In a way it gave me a sense of freedom."

On how young people should approach working in fashion: "Don't lose your passion, be true to yourself . . . Go to work as soon as you can . . . Do any job in fashion. No matter what. I've been a salesperson in a shop. I've been an assistant, a stylist, done internships . . . I knew that I wanted to work in fashion. That for me was the same thing, to be a fashion designer came up, but you have to try many things."

>> It's standard operating procedure for CFDA/Vogue Fashion Fund winners to collaborate with a mass market brand, so it comes as no surprise that this year's winner, Joseph Altuzarra, will soon turn out a capsule collection for J.Crew.

Altuzarra confirmed the suspicions — and likely the hopes and dreams — of many when he told Fashionista that the pieces he created with Jenna Lyons and the rest of the J.Crew design team "will be coming out in a few weeks." While he didn't give away what the collection looks like — or even what it includes — it sounds like he struck the perfect balance between his high-fashion aesthetic and J.Crew's commercial appeal.

"Well, it was a really interesting project because it was like a conflation of their language — or of their world — [and] of our world and putting it together," he said. "And I think that was really interesting for me to work on."

The two runners-up for this year's award, Pamela Love and Creatures of the Wind, will also likely partner with J.Crew. Last year's Fashion Fund winner, Prabal Gurung, and runners-up, Eddie Borgo and Billy Reid, all created products for J.Crew. The Fund's winners started partnering with mass market brands in 2007, when Thakoon Panichgul partnered with The Gap to re-create the white shirt.