• Neiman Marcus is laying off 375 employees across all divisions, including Neiman’s stores and Bergdorf Goodman. Half the cuts will be on the cosmetics sales floor. [WWD]
• Annie Leibovitz was spotted entering the Obamas’s current residence in Washington, D.C. the other day. Could she have been shooting Michelle for Vogue? [Fashionologie]
• Here’s a weird viral ad for Nike starring Taylor Momsen. Watch her fly through the air and dangle from things. [Videogum]
• Vera Wang will be inducted into the U.S. Figure Skating Hall of Fame for her contributions to costume design. Also a skater, she competed in the annual figure skating championship in 1968. [WWD]
• Alber Elbaz moved up his Paris Fashion Week show for Lanvin from the last day to the first to make it easier on editors traveling on a budget. [WWD]