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"    Photo: Getty Images   It must feel good to be Michael Kors right now: Not only is he the most searched for U.S. brand via the Internet {Telegraph}, but he is also planning on selling a big stake in his fashion house at a time when the company shares are at an all-time high. {Business of Fashion} Maxime Simo\u00EBns will be presenting his premiere ready-to-wear line in Paris come March, thanks to financial backing from LVMH and business strategy coaching from Christian Dior CEO Sidney Toledano. {Maxime Simo\u00EBns Press Release} Michelle Obama may have changed up her hair recently by getting bangs, but she relied on an old favorite\u2014Reed Krakoff\u2014as the brand of choice for her official portrait. The three-quarter-length-sleeve dress and bright pearls make her look as classic and all-American as ever. {Fashionista}   The next high-end name up for a collaboration with JCPenney? Georgina Chapman. On March 1, the Marchesa designer will be offering affordable versions of what she does best: special occasion gowns and party dresses. {WWD} But Chapman isn&amp;#039;t the only one taking on mass retail\u2014see the first images of Derek Lam&amp;#039;s DesigNation collection for Kohl&amp;#039;s. {SheFinds} Oops! Manolo Blahnik has a hard time remembering Anne Hathaway (&amp;quot;Pretty? Yes. Wonderful actress? Yes. But, I mean, I don&amp;#039;t even remember her.&amp;quot;). But confirmed that he still loves Julia Roberts (&amp;quot;She&amp;#039;s particular&amp;quot;). {Page Six} \u2028 Keep your eye on Hailee Steinfeld: The 16-year-old actress was named the Women in Film Max Mara Face of the Future 2013 in Milan last night. {Telegraph} Attention NYC shoppers, Alice + Olivia by Stacey Bendet has just opened a Soho pop-up shop, which will be in town through the summer. {ELLE.com Inbox} With bloggers being accused of peacocking at fashion week, The New York Times takes a closer look at the old versus new front-row attendees. {The New York Times} Take a break from the daily grind by watching the cast of Downton Abbey cover One Direction&amp;#039;s &amp;quot;What Makes You Beautiful.&amp;quot; {People} Keep up to date on the latest breaking fashion news stories. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.elle.com/fashion/news/a22737/michael-kors-to-sell-stake-michelle-obama-wears-reed-krakoff-in-official-portrait/>