• A notorious group of "gem raiders" hit the Cartier in Cannes yesterday and made off with more than $20 million in merchandise. What probably should have been a tip-off that something was amiss: the robbers were all clad in Hawaiian shirts. [Telegraph, Sun]
• Balmain may be getting into the handbag biz. [WWD]
• Big things are planned for Fashion's Night Out, the extravaganza that takes place this September and is designed to get people shopping again. Anna Wintour's brainchild will "involve a cornucopia of in-store events, from parties to personal appearances by designers and celebrities, live music, fashion shows, freebies, charity tie-ins, and extended shopping hours." [WWD]