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Betsey Johnson's New Line, Great Gatsby Delayed and More From Around the Web

Betsey Johnson seems to have bounced (cartwheeled?) back from her recent financial trouble. Next spring, the designer is launching a wallet-friendly line of "solid and printed sexy, flowing dresses" priced under $250. [WWD]

After a much-hyped Christmas day release, it turns out that The Great Gatsby movie re-make won't hit theaters until the summer of 2013. If this is Baz Luhrmann's idea of a sick joke, we're not amused. [The Hollywood Reporter]

Musicians and models reflect on House of Style's influence. [MTV]

Karl Lagerfeld's pet kitten Choupette snags her first modeling gig. [i-D Magazine]

Team USA gymnast Gabby Douglas may have made Olympic history, but she's still a 16-year-old girl. Her mom talks about the gold medalist's personal style, her feelings on the crazy eye makeup trend and the ridiculous hair controversy that threatened to eclipse her historic win. [Fashionista]

Well, this is unexpected: Roberto Cavalli has formed a friendship that is "destined to last a long time" with ... Zac Efron. [Roberto Cavalli's Blog]

The Spice Girls will reportedly wear Giles Deacon when they perform at the Olympic closing ceremonies. [Telegraph]

Photo: Fairchild Archive

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