Tue, 06/16/09 — 01:00:22 PM

>> INSIDER WIRE —It sounds like Olivier Theyskens won't be heading to Schiaparelli after all: the label's owner, Diego Della Valle, now says he doesn't plan to revive the house before 2011; originally he was aiming for 2010.  It's doubtful that Theyskens would want to wait two years before his next runway show, and Della Valle verifies that no designer has been chosen to head up Schiaparelli. “This is not the right time . . . I hope that markets will have stabilized when we are ready for Schiaparelli." [WWD]

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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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