Stella McCartney is teaming up with Adidas to design Britain’s 2012 Olympic Kit. – Style List UK

Taylor Momsen is the new face of Material Girl, but we can barely tell it’s her in the video campaign. – Grazia

Bvlgari is collaborating with actress Isabella Rossellini to create a new line of luxury handbags. – In Rumor

Flowers by Zoe has filed a lawsuit against Kourtney Kardashian. Apparently, Kourtney’s bill at the clothing company has not been paid. – E! Online

Can we expect lower prices at Aeropostale, American Eagle Outfitters, and Abercrombie and Fitch? – Bloomberg Business Week