News Updates: Donatella Disses Barack (Sort Of), Karolina Is Fat According To Brazil, And More..

Donatella Versace denies that Barack Obama served as muse for her Spring 2009 men's collection. While the presidential hopeful may not be a influencing anyone with his fashion forwardness, click here to see what trends his wife is setting. [FWD]

Beanpole Karolina Kurkova was recently criticized in Brazilian newspapers for her appearance on the runway in a bikini for Sao Paulo Fashion Week. The press commented that she appeared out of shape and 'too fat' for the catwalk. For less controversial suits, check out our Guide to Swimsuits for your Shape. [Catwalk Queen]

Celebrity Jeweler "Jacob the Jeweler" has been sentenced to 30 months in prison for money laundering in connection to the Mafia. [NYMag] 

Despite the introduction of its American Living line, JCPenney plans to cut back capital spending, store openings, and future renovations. [WWD]

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