Celebrity stylist Harry Josh and nightlife kingpin Nur Khan hosted "Spring Fling" at the Gramercy Park Hotel on Saturday night. A bevy of celebs and social scenesters turned up for the fête, including Marc Jacobs and Lorenzo Martone, Naomi Campbell, Gisele Bundchen and Tom Brady, Kate Hudson and mom Goldie Hawn, Ed Norton, Ashley Olsen, Spike Lee, Winona Ryder, Liv Tyler, Phillip Lim, Narciso Rodriguez, Jessica Alba, Karolina Kurkova, Georgina Chapman, Rachel Zoe and Rodger Berman, Kate Bosworth and James Rousseau, Orlando Bloom and Miranda Kerr, Josh Hartnett, Daria Werbowy, Lily Donaldson, Molly Sims, Hamish Bowles, January Jones, Richie Akiva, Peter Som, Richard Chai, Christian Siriano, Cherry Jones, Jason Sudeikis, Guy Oseary, Lake Bell, Brian Atwood, Zoe Kravitz, and Quincy Jones. [PMc, VF, FWD]

Wondering when Marc Jacobs will tie the knot with fiance Lorenzo Martone in what should go down as the gay wedding of the year? Martone says it will probably happen in June, and will probably take place in Provincetown, although guests will have to cool their heels a bit before really celebrating. The party is planned for December in St. Barts. [FWD]

• Topshop opens tomorrow, in case you haven't heard. [NYT, Racked, NYM, Glamour, Pipeline]
• If you wish to bypass the madness in Soho, the first-ever Balenciaga outlet in the U.S. opens tomorrow at the Woodbury Commons. [NYM]
• The British media just about melted at the sight of a J. Crew-clad Michelle Obama today. [WWD]
• The Costume Institute gala is a mere four weeks away but getting people to sponsor tables hasn't been easy work for Anna Wintour. If you notice fewer mentions of Burberry, Versace, and Gucci in future issues of Vogue, now you know why. [FWD]
• Dowdy retail chains are trying to spiff things up in order to appeal to "modern women who are now shopping for style within their means." [NYT]
• Resort season isn't quite what it used to be. [WWD]
• Why is Lorenzo back in NYC? Where's Marc? It's a mystery! [Fashionologie]

• Marc Jacobs and Lorenzo Martone have been in Brazil since late last week, presiding over the opening of a new store and showing off their gold rings. Now they say they're thinking about adopting a baby girl, too. [Fashionologie]
• Speaking of Marc, the life-size hamster wheel in the window of his Bleecker Street kids store is back. [Racked]
• House of Style returned on Saturday. Just what you needed: a "recessionista rescue" by Jessica Stam. [Jezebel]
• A recession bonus: expensive models are no longer that expensive. [AdAge]
• Erin Wasson's garage sale in LA was a mob scene, as expected. [RackedLA]
• The Times chats with Dree Hemingway, model, actress, daughter of Mariel Hemingway, and new Twitter fan. [NYT]
• The "obscure private label watch brand" worn by Barack Obama is a little less obscure these days. Funny how that happens. [WWD]

We're going to take a leap here and say that the wedding registry listed in Marc Jacobs and Lorenzo Martone's names is not, in fact, the real deal. Because while we're sure that both men do their fair share of shopping at JCPenney, we really don't see either of them being too interested in a $14.99 deviled egg plate or a set of cheap towels in coral. (Nor do we imagine they'd be so gauche as to schedule their wedding on Christmas Day.) But we could be wrong, in which case we hope they make the most out of the faux leather massage chair headed their way. [JCPenney]

• Good news for billionaire(?) Dan Loeb: His hedge fund may have seen better days, but he's $5.5 million richer now that he's successfully sold his carriage house at 7 MacDougal Alley to art gallery director Gordon Veneklasen. It's a tad less than the $7 million he was looking for back in October, but he still has that $45 million condo at 15 CPW, so you don't have to worry about Dan just yet. [Cityfile]
• So much for that rental at 40 Mercer: The Post now says the newly-engaged Marc Jacobs and Lorenzo Martone may have picked up a 4,500-square-foot spread in the Robert A.M. Stern-designed Superior Ink development for $13 million. [NYP]
• Bruce Wilcox, an exec at Cumberland Associates, has put the townhouse at 125 East 62nd Street he bought for $8.5 million in 2005 on the market for $9.45 million. [Cityfile, Sotheby's]

It's hard being a celebrity: James Franco is getting mobbed by fellow students at Columbia; presumably the coeds will never provoke from him the sort of battery Kanye West allegedly inflicted on his oglers.

Oh, wow, is it spring already? Must be, since the seasonal "Marc Jacobs is getting MARRIED!" rumors are now upon us, courtesy Women's Wear Daily.

It's been rumored for ages, but now it appears to be official: Marc Jacobs and Lorenzo Martone are engaged. Women's Wear Daily reports the duo will go public with the news tomorrow when they arrive in Brazil "wearing rings." Then they'll head to Martone's hometown of Sao Paolo for a "fete celebrating the Marc Jacobs multibrand store." (You didn't expect the big news to get in the way of business, did you?) Jacobs and Martone haven't set a date for the wedding yet. But count on it being the chicest gay wedding of all time and starting about two hours late. [WWD]

• A camera crew followed Rachel Zoe around during Paris Fashion Week, which means the second season of her Bravo reality show is headed your way. [FWD]
• Dov Charney's cash-strapped American Apparel is selling 18 percent of the company to a private equity firm to pay down some of its debt. [BN]
• The hat Aretha Franklin wore to the inauguration in January? More than 5,000 orders have been placed since then. At $179 a pop, no less. [NYT]
• Video of Karl Lagerfeld at Paris Fashion Week. [NYM]
• What's Sofia Coppola up to these days? She's directing perfume ads for Dior, that's what. [NYT/The Moment]
• Marc Jacobs and Lorenzo Martone are on their way to Brazil for a little post-fashion season R&R, in case you're interested. [FWD]
• LA Fashion Week begins tonight! [Racked, Stylefile]

Lycée Français de New York honored Dior president Sidney Toledano at its 10th annual gala at 7 World Trade Center on Friday night. The event, which was co-chaired in part by by Olivier Sarkozy and his wife Charlotte, attracted Eric and Sandra Ripert (left), Robbie Myers, Bernard Aidan, Bettina Zilkha, Catherine Malandrino Glenda Bailey, Cathy Horyn, Kassy and Liya Kebede, Delphine and Reed Krakoff, Susan Fales-Hill, Yannick Noah, Virginia Smith, Alejandra and Jeffrey Kluger, Stacey Bronfman, Assouline and Martine Prosper, Fabrizio and Maryane Freda, and Veronica Bulgari. [PMc, FWD, WWD, NYSD]

• Arthur Sulzberger Jr. and his new girlfriend, Helen May, first met during an Outward Bound trip to Machu Picchu in 2005, according to May's husband, Kevin Ward. "I'm just sorry my wife didn't find someone more substantial. There's way less there than meets the eye." [P6]
• Etta James says she "didn't really mean" the stuff about Beyonce; she's still "miffed" at Obama for not inviting her to the inauguration. [NYDN]
• Kelly Cutrone inked a deal with Bravo for a new reality show. [P6]
• Russell Simmons is reportedly dating model Julie Henderson. [NYDN]

Louis Vuitton celebrated Marc Jacobs' new collection in honor of Stephen Sprouse last night with an exhibition preview, cocktail event, and after-party. Marc and boyfriend Lorenzo Martone (left) were joined by a long list of fashion, art, and society types, including Donna Karan, Leigh Lezark, Nicole Miller, Jeffrey Deitch, Anna Sui, Patricia Field, Patrick McDonald, Erin Fetherston, Russell Simmons, Rachel Roy, Linda Fargo, Nina Garcia, Anne Slowey, Agyness Deyn, Molly Sims, Bettina Zilkha, Andrew Saffir, Jane Holzer, Tim and Helen Lee Schifter, Lisa Falcone, Terence Koh, Adi, Coco and Ice-T, Casey Spooner, David Hershkovits, Kim Hastreiter, Rogan Gregory, Chanel Iman, Eva Amurri, Fabiola Beracasa, Chuck and Candy Pratts Price, Brooke Shields, Amalia Dayan and Adam Lindemann, Mickey Boardman, Serena Bass and son Sam Shaffer, Glenda Bailey, Robert Burke, Peter Marino, Andres and Lauren Santo Domingo, Marjorie Gubelmann, Paul Sevigny, Andre Harrell, Andres Serrano, Stephen Knoll, Andrea Rosen, Maurizio Cattelan, Kipton Cronkite, Kehinde Wiley, Debbie Harry, Jackie Astier, Tatum O'Neal, Marcus Schenkenberg, Veronica Webb, Waris Ahluwalia, Kelly Killoren Bensimon, Dr. Frederic Brandt, Monet Mazur, Peter Davis, Dori Cooperman, Mary Alice Stephenson, Melissa Berkelhammer, Luigi Tadini, and, of course, Patrick McMullan and son Liam McMullan. [PMc, Wireimage, NYO]

♦ The Marc Jacobs bribery scandal has finally been resolved. Earlier this year, it was alleged that an employee of the Armory was paid off so that Jacobs' company could secure the venue for runway shows. Now the company has paid $1 million to settle the matter. In happier news, Jacobs says he's eager to make an honest man of his boyfriend Lorenzo Martone: "If I can get him to marry me, I would." [NYP, The Cut]
♦ The Scientologist wears Miu Miu? Katie Holmes is rumored to the new face of Prada's hipper, younger sister. [Fashionologie]
♦ Miuccia Prada's non-sartorial items are diversifying at a dizzying pace: Here's a handy guide to Prada's phones, trinkets, and even cars. [SassyBella]

Albert Hammond Jr. and Agyness Deyn walking their dog in the East Village ... Naomi Watts and Liev Schreiber riding around on a Vespa in SoHo and later walking with their son to a bookstore ... Jon Stewart and his wife pushing their kids in strollers ... Julianne Moore getting a parking ticket in the West Village ... Taylor Momsen and Leighton Meester filming Gossip Girl on the Upper East Side ... Sarah Jessica Parker walking son James to school ... Emma Watson walking with an unidentified guy ... Kate Winslet running to keep up with her son ... Marc Jacobs and Lorenzo Martone holding hands on a walk in the West Village ...