• The lower-priced additions to Thom Browne’s line are getting early rave reviews. Items include polka-dot military jackets and a patent leather yellow trench coat. Exact prices haven’t been revealed. [Racked]
• Tim Gunn said that he wanted Michelle Obama to retire her Crocs when he went on the Bonnie Hunt Show. [StyleWatch/People]
• Hermès bought Asprey’s headquarters in London but not the company itself. The house insists that, despite rumors, they are not interested in buying the luxury jeweler. [WWD]
• Isaac Mizrahi said his psychic told him to open a store, so he followed through with his new shop at 67th and Madison. [WWD]
• Miranda Kerr walked in the Balenciaga show yesterday. [Modelinia]