Fri, 06/05/09 — 02:30:12 PM

>> INSIDER WIRE —Two houses are experiencing tumultuous times: As expected, Versace CEO Giancarlo Di Risio stepped down today and will stay on temporarily as the company transitions; no successor has been named.  And Aquascutum geared up for layoffs yesterday in the aftermath of former CEO Kim Winser's unexpected resignation. [WWD, Times UK]

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fashionologie is the musings of a twenty-something American girl who wishes she could have a Freaky Friday incident and switch bodies with Phoebe Philo.

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