>> Fall 2009 Chanel Couture Inspiration Revealed —Chanel's Fall 2009 couture show isn't until tomorrow, but this evening Karl Lagerfeld hosted a select few editors — including TIME Style & Design's Kate Betts — who reports that the collection is inspired by "floating panels." [Kate Betts Twitter] 

UPDATE: Apparently the set involves a huge No. 5 bottle and the theme is '70s nightclub. [Grazia Twitter]