Urban Outfitters Profits Fall; Diane Von Furstenberg on Her Purple Cover

• Urban Outfitters' profits fell 24.4 percent in the fourth quarter due to aggressive markdowns. [WWD]

• Yesterday in New York, authorities arrested five people who were allegedly planning to import more than $40 million in counterfeit goods. [WWD]

Diane Von Furstenberg on her recent Purple cover: "I don’t know how I managed to not look ridiculous." [WWD]

• Wednesday's premiere of the twelfth season of America's Next Top Model was the second-highest-rated show of the night, behind American Idol. Someone give Tyra Banks a cookie. [Top Model Gossip]

Niki Taylor gave birth to a baby girl this week. We'll assume she already looks as though she was never pregnant. [British Vogue]

Read more posts by Amy Odell

Filed Under: americas next top model, babies, counterfeit goods, designers, diane von furstenberg, economy, loose threads, models, nikki taylor, purple, tyra banks

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