>> Valentino made headlines earlier this week for his reaction to the fashion on the Costume Institute Gala red carpet — he shook his head, muttered "no, no, no," and wiggled his finger, adding: "I think now all the girls look very ugly.  I saw the pictures of the Metropolitan gala evening [in New York] last week and I never saw something more ugly, all the girls have their legs out with the most terrible proportions."

He also told the Guardian that he has "so many ideas I could design a collection in two days but don't miss it at all" — now that he's retired he "tr[ies] to have a good time."  Although he hasn't made any red carpet appearances, his yacht has been spotted docked in Cannes — wonder what he has to say about all the Cannes fashion?

Or maybe instead of joining the parties in Cannes, his idea of fun now is staying in his yacht and having a meal cooked by partner Giancarlo Giammetti's chef, Pablo — in her GOOP newsletter this week, Gwyneth Paltrow raves over "GG, as he is affectionately known" and his chef's "rustic Italian food to die for . . . that can get me over there on the darkest and rainiest of London nights."