Fashion Lunch: DKNY, Guess, Charron, Richemont & ME!

DKNY is getting into the celebrity fashion line by partnering with actress Rachel Bilson on a line to be called Edie Rose for DKNY Jeans. Apparently there are just tons of synergies between Donna Karan New York and the Orange County T.V. show. (WWD)

Guess goes green! Kinda, sorta. They're launching a capsule collection of mostly organic cotton clothing, except for those bits that contain Lycra. (WWD)

Paul Charron, former C.E.O. of Liz Claiborne is getting into the private equity game. You know, better late than never. (WWD)

Asian flu rears its ugly head again. Three children have died in Hong Kong. But, more importantly, which luxury goods group stands to suffer the most? Richemont. (Analyst's note, no link)

Lauren Goldstein Crowe is leaving Portfolio.com at the end of the month. (And I will also be on a pre-arranged break next week.) Hark, is that the sound of champagne corks popping at the Gawker Media offices I hear? Fan mail, hate mail, junk mail and resumes can be sent to LGoldsteinCrowe@gmail.com for forwarding to the appropriate outlet. (WWD)