The Daily Transom felt a bit odd ascending to the penthouse at Highbar to celebrate the launch of a new ad campaign for DOW XLA-a new material that's supposed to be a better choice to put in denim than Lycra and Spandex-featuring Bijou Phillips. After all, now is not exactly the time to think about purchasing premium denim. (To add insult to stock-plunging injury, we could actually see the ill-fated Lehman Brothers' headquarters from the rooftop lounge.) In honor of our fallen i-bankers, we donned somber apparel and figured we'd get some tips from some of New York's most sartorially savvy on how to look like more when you're working with (sigh) less.

As the MisShapes DJ'ed for the eclectic crowed of fedora'ed hipsters and fashion editors, a sullen Leigh Lezark - who said she was feeling under the weather (too much partying during Fashion Week, perhaps?)  - advised, "Don't buy...I've been digging old crap out of my closet and trying not to buy unnecessary stuff."  read more »

Shepherding was the unlikely topic of conversation on the evening of Friday, Sept. 5 at the Dolce & Gabbana store on the Upper East Side, where guests had gathered to celebrate the release of The Good Shepherd, a new book by Vanity Fair Fashion and Style Director Michael Roberts.

The book is collection of photos that Mr. Roberts took in Sicily over two and a half days, the theme of which is a glistening male model posing as a shepherd while wearing sheepskin designed by Dolce & Gabbana. (Hel-lo!)

We wondered if Mr. Roberts was concerned about PETA coming after him.  read more »

Target confirmed yesterday that Thakoon Panichgul is set to design its next diffusion line, which will arrive in stores in September and be available through January. [WWD]

Despite causing a stir with her case of fashionably saggy jeans, Katie Holmes will not be designing her own line of clothing according to her publicist. [Vogue UK]

Narciso Rodriguez will be honored with a Special Achievement in Fashion Award at this year’s American Latino Media Arts Awards, which take place Saturday in Pasadena, California. Jessica Alba will present the designer with the award. [WWD]  read more »

Mariah Carey and Nick Cannon have reportedly gotten married after dating for about a month. [NY Daily News]

Project Runway is not just moving to Lifetime, but also Los Angeles for its sixth season. [EW]  read more »