Olsen Twins Label a Surprise Fashion Hit

Apparently ridiculously expensive luxury items perform well in a recession

(NEWSER) - The solution to America's endless economic woes is apparently the Olsen twins' $39,000 backpack. In a Women's Wear Daily interview from last week just getting some attention , Ashley explains why she and her sister thought extreme luxury might sell: "During our last economic crisis in the US, the only thing that went up was Hermès." And their plan worked: The alligator backpack, part of The Row handbag collection, "was the first thing that sold off the shelf," Ashley says. Gawker has a picture, and snarks that it is "made exclusively from the skin of the mysterious fourth Olsen sister, who lives in a cage in their basement." More»

Not interested in fashion? Check out the falling models

(NEWSER) - Wondering what you’ve missed so far from Fashion Week? We’ve rounded up five trends to keep your eye on—check out examples of each in the gallery:

• Wearability: Designers from Derek Lam and Vera Wang to, yes, even Marc Jacobs and Rodarte are offering clothes the average person might actually wear, reports the Wall Street Journal .
• Comedic interlude: Models are falling.

Instead, she has two thriving fashion lines

(NEWSER) - Ashley Olsen grew up in the public eye, and her early career “was almost like I was in the army,” she tells Marie Claire. “That’s why I look at Britney, and I’m surprised I didn’t end up like her.” Instead of hitting therapy to deal with the outfits once forced upon her—genie costumes, cowgirl fringe—Olsen, 23, heads two fashion lines that are thriving despite the recession. More»

Lindsay Lohan's collection for Emanuel Ungaro has few fans, to say the least

(NEWSER) - Lindsay Lohan made her fashion debut yesterday at the Emanuel Ungaro show, and the fact that her acting got the better review shows just how awful it was: “We love Lindsay Lohan—as an actress. Period,” one art director tells the New York Times. “Call the fashion police!” Lohan took a fashion house known for $1,500 dresses and turned it into a showcase for sequin-covered pasties. More from the show: More»

And Lana Del Rey has a lot of implants, says fashion designer

(NEWSER) - It's always fun when Karl Lagerfeld opens his mouth , which he did quite a bit during a recent stint as guest editor of Metro . His most buzz-generating quote is about Adele: "The thing at the moment is Adele," he says. "She is a little too fat, but she has a beautiful face and a divine voice." More of his thoughts:

• On Lana Del Rey : "She looks very much like a modern-time singer. In her photos she is beautiful. Is she a construct with all her implants? She's not alone with implants."