Around the Web: The First Couple's Style Rank

Vanity Fair releases this year's International Best-Dressed List. Both President Obama (no. 15) and the First Lady (no. 2) made the cut, alongside names like Brad Pitt and Anne Hathaway. [Vanity Fair]

The fashion world mourns the death of Naomi Sims, 61, who was often hailed as the first black supermodel. [NYT]

Fashion darling Alexander Wang officially launches his own e-commerce website tomorrow, but Style.com has a code to log on early! [the Style File blog]

Former Gilmore Girl Alexis Bledel tries to shed her squeaky clean child-star image by posing in a leather leotard. [WWD]

LOVE , the magazine that famously showcased Beth Ditto on itsinaugural cover, has switched gears completely for issue number two.Titled "New Blood: The Young and the Reckless," it will feature youngsters like Taylor Momson, Miley Cyrus, and the Jonas Brothers. [The Cut]

Speaking of Miley, her collaboration with designer Max Azria for WalMart is now available on the chain's website. [People StyleWatch]

Vogue Australia celebrates its 50th birthday with a September coverstarring Aussie actress Cate Blanchett. The twist: newsstands willhave four variations of the cover, all portraits by illustrator DavidDownton. [Glam Chic]

Some economists believe that distressed jeans and other hot denim trends are buoying the distressed retail economy. [TheStreet.com]

Thatsaid, you can still try to negotiate a lower price for a new pair ofripped jeans--haggling is another recession trend on the rise. [Time]