Jawbone, the company behind the Bluetooth headsets and oft-maligned UP health device, just raised another $40 million. (Business Insider)

Michelle Obama has brought many exciting new pieces to the puzzle of being a fashionable first lady: cardigans, splashy prints, studded Alaïa belts.(New York Times)

Arriving at a couture show last July, Carine Roitfeld, the most famous-though-underemployed fashion editor in France, was asked for her autograph. (New York Times)

Ivanka Trump’s designs have been called many things — and knockoff is the latest, courtesy of Derek Lam. (WWD)

“Ann Demeulemeester’s designs are modern, minimal and monochrome. Harriet Walker talks to the queen of darkness. (The Independent)

Oligarchs or not, Russians still flock to furs. (New York Times)

Officials announced new rules on Friday aimed at controlling the way Chinese Internet users post messages on social networking sites that have posed challenges to the Chinese Communist Party’s propaganda machinery. (New York Times)

“Starting March 1, InStyle will take over a 19-by-42-foot storefront at the bustling corner of 57th Street and Fifth Avenue and the windows, enabled with touch-screen technology, will show six spring looks. The venture is overseen by the magazine’s publishing side, although the products featured in the window will be inspired by the title’s March issue.” (WWD)

“Today, BoF takes an in-depth look at the past, present and future of Gilt Groupe’s business model and speaks with Gilt Groupe CEO Kevin Ryan on his plans to continue the company’s ascendance.” (BoF)

“Acne opened its second Paris store Tuesday on rue Froissart in the 3rd arrondissement, but founder Jonny Johansson remained in a Swedish, not Gallic, mood.” (Style.com)

“Time magazine is resurrecting Time Style & Design, but this time with a less fashion-y focus and bigger online complement.” (Adweek)

“Prada SpA is falling out of fashion six months into its Hong Kong trading debut as investors brace for Chinese shoppers to curb spending.” (Bloomberg)

In South Korea, “country of 50 million people will be able to shop for designer items alongside instant noodles at their local Seven-Eleven convenience store during the New Year’s holiday season.” (Reuters)

“Dior is said to be finalising its contract with Raf Simons, as reports escalate that he has been hired as the label’s new creative director replacing John Galliano.” (Vogue UK)

“The French government has found some unexpected allies in its efforts to promote the country’s manufacturing sector against cut-price foreign competition.” (WWD)

“The days of simply building and supporting a brand website are over…forward-thinking brands are learning to efficiently leverage external partners and developers to create new experiences and applications for them — driving innovation and increasing revenue while reducing cost and complexity — by creating and publishing open APIs.” (BoF)

“The fashion designer Michael Kors is seeking a luxury price tag on his stock. His company’s initial public offering, expected this week, would value it at up to $3.6 billion. The metrics are in line with Prada, which listed earlier this year. But Michael Kors Holdings may struggle to sustain the growth needed to stay in style with investors.” (New York Times)

“One of the world’s most desirable luxury-goods brands, Hermès has bucked global trends to power into profit and become as successful in the boardroom as it is on the catwalk.” (GQ)

“In the home, out of the home, at school or work, at a restaurant or on a bus — consumers are shopping on the go more than ever before.” (WWD)

“France’s richest man, Bernard Arnault, solidified his claim to fame this year as one of the fashion world’s boldest and most formidable power players.” (WWD)

“Europe is struggling to contain a spiraling debt crisis, the U.S. economy is beset with high unemployment, and emerging Asian economies are growing less rapidly. But none of this is killing off Asian shoppers’ taste for luxury goods.” (New York Times)

“Christian Louboutin is setting up shop in India.” (WWD)

“It’s hard to miss Kate Lanphear. With her razor-sharp platinum locks and androgynous, punked out look, inspired by Catholic iconography, skateboarding and Norwegian metal bands, the American Elle style director is a fashion world fixture.” (BoF)

“Vogue’s much-hyped archive website goes live today, and as promised, it contains every single page from every issue dating back to the magazine’s American debut in 1892.” (New York Magazine)

“Fifteen emerging designers, including Thomas Tait, J.W. Anderson, and Christopher Raeburn, were announced by the British Fashion Council today as winners of its NEWGEN sponsorship.” (Style.com)

“Some of the UK’s biggest fashion labels have been put on notice by Revenue & Customs that they could be prosecuted for not paying their interns.” (Guardian)

“In the years since Yves Saint Laurent showed his iconic 1967 “African” collection, fashion designers have repeatedly tapped the heritage of Africa in search of inspiration.” (New York Times)

“We’ll cut right to the chase: A lot of crazy shit happened in the fashion world this year. While our industry can sometimes seem isolated and fantastical, many of its key players and events made headlines even in the mainstream media over the course of 2011.” (Fashionista)