It was the Twitter heard 'round the fashion world when The Moment (The New York Times's major style blog) posted: "Talk of the town has Alessandra Facchinetti (ex Valentino) already working on Tom Ford's nascent women's line."
"Nascent women's line"? Hell-o! Ford seemingly abandoned design for women back in 2004 when he left Gucci to found his own flagship store (though he does have fragrances for women like Black Orchid). Think of the women who cried into their martinis! They'll be thrilled! (As a sidebar: The New York Times' Critical Shopper will hopefully be thrilled as well after that rather negative review of Ford's over-the-top flagship back in 2007.)
Fashionologie points out that the rumor certainly has legs, mostly because Alessandra Facchinetti used to be head designer at Gucci, and in fact she took over after Ford left. Now, it should be said that while Facchinetti is probably beloved by Mr. Ford, she's been dropped by two successive brands in the last few years—first at Gucci in 2005, and then most embarrassingly at Valentino, where she was apparently replaced without top-level management even letting her know. Doesn't exactly speak volumes about her management skills, but then again, Ford's not exactly a pussycat, so maybe he's drawn to like personalities.