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New CEO for Daffy's; Natalie Portman Condemns Galliano

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Image via <a href="http://www.flickr.com/photos/marianne_oleary/5482850617/in/pool-312691@N20/">Marianne O'Leary</a>/Racked Flickr Pool
Image via Marianne O'Leary/Racked Flickr Pool

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Local
· Daffy's hires first non-family CEO [WWD]
· Kenneth Cole replaces company's CEO with...himself [NYP]
· LES shuffle: The Children's Place relocates [Bowery Boogie]

National
· Natalie Portman issued a statement condemning John Galliano [OtR]
· Anne Hathaway allegedly made $750k by wearing Tiffany at the Oscars [US]
· Study finds women respond best to models who look like them [NYDN]

International
· Two Icelandic banks put AllSaints on sale [Telegraph]
· Gaga to debut song at the first Nicola Formichetti for Mugler show [The Cut]