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• Mayor Bloomberg has declared Thursday to be "Burberry Day" in honor of the lighting of the Burberry logo atop the company's new HQ at 444 Madison Avenue. [FWD]
• It looks like the Gianni Versace CEO Giancarlo Di Risio will be departing the company after going head to head with Donatella Versace. [WSJ]
• Italian officials have accused Domenico Dolce and Stefano Gabbana of tax evasion, and have threatened the duo with a $1+ billion fine. [Cut]
• You may want to think twice before you try and squeeze into a pair of skinny jeans. They've been known to cause a nerve condition called "meralgia paresthetica," otherwise known as "tingling thigh syndrome." [MSNBC]

• A group in Harlem is calling for a boycott of the American Apparel outlet on West 125th Street because it didn't close on Malcolm X's birthday. [NYT]
• Beautiful People, the TV show based on Simon Doonan's childhood in England made its debut on Logo this evening. [Cut]
• The buzzword this season? It's "retro-futurism," apparently. [Independent]
• Cloris Leachman of Dancing With The Stars may be 83, but that didn't stop her from announcing her very own line of clothing today. [HP]