Peter Som has resigned as creative director at Bill Blass, a year to the day since he joined the company. According to WWD, Bill Blass’ decision to scrap the September show, was said to be the last straw for Som. Conde Nast Portfolio reports that Som hasn’t resigned, that he “is just in the midst of renegotiating a contract” …um, right

On July 30th, Diane von Furstenberg and Liz Claiborne will be inducted into the Fashion Walk of Fame, which the Fashion Group International says is the only permanent monument to American Fashion – other than hundreds of closets across the nation.

Its no wonder that Ports 1961 has struck a deal with NBC Universal to dress four female commentators for NBC, MSNBC, CNBC and USA Network during the Olympic Games in Beijing – The company itself was conceived in China, is now based in New York, and with a spring collection celebrating an eastern African renaissance and a fall collection capturing the spell of Scottish winters, Ports 1961 represents the ‘One World, One Dream’ Olympic motto far better than any of it’s competitors.