Sadly we are faced with yet another fashion funeral to attend. Ladies, hold on tightly to your Luella bags as they are the last. The Guardian reported this morning that Luella Bartley has closed the Luella line due to a lack of funding. Luella has had a strong celebrity following with British and American starlets over the years.

Racked LA posted this picture a few days ago of a new display in the local Marc Jacobs store. Seems Marc isn’t too happy with Barack Obama. What do you think? Do fashion and politics mix? I personally couldn’t be happier with this sign going up. Marc has a point…we all believed, now where are the results we were promised?…