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Loehmann’s Receives $10 Million Investment; Peter Som to Design Luxury Linens

• Changes are happening for Loehmann’s. The company’s president and chief operating officer, Robert Glass, announced his retirement this week. Also, it just got approximately $10 million in funding from Istithmar, its parent company. [WWD]

Peter Som is collaborating with Sferra, a luxury-linens brand, to create a collection of bed and tabletop items that will launch in January. [WWD]

• Kylie Minogue chose a Jean Paul Gaultier dress from the designer’s spring 2010 couture collection to wear on the cover of her new album, Aphrodite. She did, however, skip the headgear the model wore on the runway. [Red Carpet Fashion Awards]

• Patrick Demarchelier shot Karlie Kloss and Anna Jagodzinska for Donna Karan’s fall 2010 campaign. [Fashionologie]

• Sales of Ugg shoes grew by 14 percent, to $104.4 million, during the quarter ending March 31, compared to the same quarter a year ago. [WWD]

• The outfit Fergie wore on American Idol this week was created by Michael Schmidt. The suit and boots include 8,500 metal scales and Swarovski crystals, and it took three months to create. [Style.com]

• Racked reports that the Forever 21 superstore set for Times Square could open as early as the second week of June. [Racked NY]

• Pierre Hardy is continuing its collaboration with the Gap for another shoe collection for fall. One style is a lace-up peep-toe wedge. [Nitrolicious]

• The first image of Dannii Minogue’s fashion line, Project D, has been revealed. The design is a floor-length strapless gown with a stripe of silver down the center. [Daily Mail UK]

• Azzaro dresses usually run $1,300. However, the label just launched a new collection named Beachwear, and prices for the pieces range from $245 to $530. [Fashionista]

Loehmann’s Receives $10 Million Investment; Peter Som to Design Luxury Linens