loose threads

David Yurman Owns Up To Designing Michaele Salahi’s Jewels; Marc Jacobs Closes on Fabulous Townhouse

• David Yurman designed the cocktail ring and bangles worn by Michaele Salahi when she crashed the Obamas’ State Dinner last week. Now you have something to talk about at your next cocktail party. [WWD]

• The Japanese Cross Company bought a majority stake in Thom Browne. The label plans to open a Tokyo flagship next year. Shrunken suits for everyone! [WWD]

Marc Jacobs and Lorenzo Martone closed on a $10.4 million townhouse on Bethune Street in the Village. The 4,400-square-foot space includes a private elevator, rear terrace, yard, and roof terrace. What, no pool? [NYP]

• Cyber Monday online sales were up 5 percent from last year, reaching $887 million. 52.7 percent of Monday’s web shopping was conducted from work computers. [WWD]

• Anthropologie is moving into the Chelsea Market. [Racked]

• The group photo of plus-size models published in the November issue of Glamour will be featured in the magazine’s inaugural 2010 calendar. The calendar will be given to subscribers. [Sassybella]

• Fashion illustrator Blue Logan will be sketching socialites and collectors (or, as he calls them “strange, fickle … sunbathers and party people, celebrities and hangers-on”) as they pass through the lobby and lounge of the Standard Hotel during Art Basel in Miami Beach. His work will later be on display at the hotel. [NYT]

David Yurman Owns Up To Designing Michaele Salahi’s Jewels; Marc Jacobs Closes on Fabulous Townhouse