News Updates: Penney’s Unveils A True Blue Line, Prada Goes Grandma, And More

JCPenney launched its new collection, American Living, developed by Polo with an aesthetic of classic, casual luxury – and lots of madras. [CNN]

Prada's runway show this week featured lace in all forms – from doily dresses to intricate overcoats. [Style]

After parting ways with Victoria's Secret, supermodel Gisele Bündchen is in talks to become the new face of Max Factor. [PageSix]

Queen of Vogue, Anna Wintour, hosted a breakfast in Milan on Wednesday to showcase the upcoming fashion exhibition at the Met. [FWD]