Rodarte's Target, Cavalli-Clessidra deal collapses, Gucci's Pop-Up, Adidas profit plunges, Naomi Sims

Rodarte's Target (Vogue)
"Rodarte will join the ranks of Erin Fetherston, Jovovich-Hawk, Rogan and Jonathan Saunders (among others), as the latest designers to collaborate with American retailer Target as part of its Go International series."

Clessidra Pulls Out Of Deal With Cavalli (WSJ)
"Italian private equity fund Clessidra SGR SpA has pulled out of a deal with fashion house Roberto Cavalli after disagreement over the value of the company, a person familiar with the situation told Dow Jones Newswires on Wednesday. The talks collapsed just two months after Cavalli and Clessidra signed a letter of intent for the fund to buy 30% of the fashion house."

Mark Ronson designs trainers for Gucci's Pop-Up Store (Elle UK)
"Gucci launches 'Gucci Icon-Temporary', a pop-up trainer store that will travel the world. The shop will stock 18 trainer designs in all, 16 for men and two for women. And for that extra limited edition-ness Gucci has collaborated with DJ and trainer addict Mark Ronson to design one exclusive, unisex trainer for each city."

Adidas profits plunge 93% (Drapers)
"Adidas suffered a 93 percent plunge in profits in its second quarter as the downturn continues to take its toll on consumer spending."

Naomi Sims, the First Black Supermodel (Time)
"A tall, striking, confident, chiseled, brown-skinned beauty, she has forever changed how America defines beautiful."