• Handbag prices are dropping as many accessories labels struggle for business. Brands like Coach, Kooba, Botkier, and more have released new styles at a lower price point to appease demand. [WWD]
• H&M will launch its Sonia Rykiel ready-to-wear collection on Saturday. January sales at the chain increased by 11 percent. [WWD]
• Gap has printed the cover of Love magazine’s spring/summer issue — featuring a host of nude supermodels — on a series of T-shirts to benefit Haiti. [Vogue UK]
• VPL by Victoria Bartlett debuted a knit one-piece the Daily News skeptically dubs the “sweater-kini.” [NYDN]
• For 24 hours following Proenza Schouler’s fall 2010 show Wednesday night, consumers can purchase handbags straight from the runway on the label’s e-commerce site. [WWD]
• Though many of Lacoste’s runway pieces never made it onto the racks in the past, around a dozen looks from the fall 2010 show will be available in stores. [Fashionista]
• Oscar de la Renta spent the Saturday night before his show watching Pretty Woman. [On the Runway/NYT]
• A sampling of items contained in this season’s Fashion Week gift bag for press: wildflower seeds, an orange faux-lizard key holder, a mini-bottle of rum, vegan soap, Forever by Mariah Carey eau de parfum, and a travel iron. [Shophound]
• Preen’s backstage note to its runway models before the show read: “You are Confident and Pure!! Walk Tall. Be Clean and Direct.” [Blogs/Nylon]
