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Engagement Rings Shrink; Louis Vuitton Sues Hyundai

Buddha at the Brooklyn Flea via <a href="http://www.flickr.com/photos/essgee/4396675776/in/pool-312691@N20">EssG</a>/Racked Flickr Pool
Buddha at the Brooklyn Flea via EssG/Racked Flickr Pool

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Local
· Big engagement rings are out; wedding bands are in [NYP]
· Billboard company to remove Newark's controversial Akoo jeans ad [HuffPo]

National
· Saks cut its advertising budget [Madison Avenue Spy]
· Design Within Reach closes first store under new leadershop [UnBeige]
· Someone designed the inevitable iPad case with wings [GeekSugar]

International
· Louis Vuitton sues Hyundai for ad featuring LV-esque basketball [NYP]
· Oscar de la Renta's son Moises is designing for Mango [My Fashion Life]