Blake Lively Is Still Friends With Karl Lagerfeld, Ralph Lauren's Olympic Controversy and More From Around the Web

Anyone worried about Blake Lively's friendship with Karl Lagerfeld can rest easy. Despite her role as Gucci frontwoman, the actress still keeps in touch with the Chanel designer and acts as an ambassador for the brand. [New York Post]

Mary-Kate and Ashley Olsen will try their hands at athleticwear when the designer duo's contemporary brand Elizabeth & James introduces a line of sneakers early next year. [WWD]

Rumors that British supermodels Kate Moss, Naomi Campbell, Georgia May Jagger and Lily Cole will appear in the closing ceremonies of the London Olympics were confirmed. The girls will walk down the catwalk in designs from England's top designers while David Bowie's fashion-themed tunes play. [The Mirror]

Following complaints over the fact that this year's US Olympic uniforms were manufactured in China, Ralph Lauren has pledged that the 2014 uniforms will be made in America. [New York Times]

After over 50 years in business, discount chain Daffy's is closing its doors. [WWD]

Five apps that will solve your fashion woes. [Mashable]

See two swoon-worthy fellahs—classical violinist Charlie Siem and Australian photographer Lincoln Pilcher—decked out in J. Crew for the brand's "Hello, World!" campaign. [J. Crew]

Photo: Fairchild Archive

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