• Brian Atwood is leaving Bally to focus on his own label. Fall 2010 was his last collection. [Fashionologie]
• Similar to Prada, Giles Deacon reportedly cast Victoria’s Secret models to walk in his fashion show, which occurs today in Paris. [Vogue UK]
• Carla Bruni dazzled in a blue gown last night at a French state dinner. [HuffPo]
• Kenneth Cole lost a reported $52 million in its fourth quarter. [WWD]
• Adidas net profits dropped in its fourth quarter by 65 percent. [WSJ]
• Diane Von Furstenberg on her new creative director, former Gucci women’s ready-to-wear design director Yvan Mispelaere: “He’s not coming to save the ship. He’s only coming to make it better.” [WWD]
• Anna Wintour is reportedly throwing her support behind Christopher Kane. The editor is said to be looking into several projects for him. [Grazia UK]
• The February snowstorms seen across the country affected sales numbers for retailers that month. [WWD]
• Paris Fashion Week will introduce its own incarnation of Fashion’s Night Out tonight, as stores stay open until 9 p.m. [WWD]