♦ Leonardo DiCaprio's romance mojo isn't good this week: On the heels of his break up with Bar Refaeli, Gisele is banishing the memory of their relationship by selling the jewelry he gave her at auction. The October 15th Christie's sale will include a diamond pendant necklace estimated to fetch up to $150,000. [WWD]
♦ People's "Best Dressed" list, topped by Kate Hudson and including Gwyneth Paltrow, Sarah Jessica Parker and (of course) Michelle Obama, is a totally random list of averagely-dressed women who happen to have been photographed a lot lately. [People]
♦ Carla Bruni-Sarkozy was photographed in Paris last week for T's winter fashion issue, which comes out October 19th. [WWD]

♦ Rachel Zoe is "a pox on humanity—exploiting an aesthetic of dissipation, invading our collective consciousness and spraying it with dummy dust," says Ginia Bellafante in the Times, who clearly needs to get in touch with her feelings more. [NYT]
♦ So what are luxury brands supposed to do now that their rich customers are distinctly fewer in number? Market themselves like religions, according to brand strategist Lucian James. [JC Report]
♦ The CEO and president of Gucci, Mark Lee, is stepping down, and will be replaced by Bottega Veneta's Patrizio di Marco. [WWD]