>> All those rumors last year of T editor Stefano Tonchi jumping ship to Conde Nast were apparently not for naught: just a day after it was announced that longtime W editor Patrick McCarthy would be stepping down, Fashion Week Daily reports that an announcement of Tonchi as W's new editor-in-chief is expected imminently.

As launch editor of T, Tonchi has propelled the magazine "into the ad-rev stratosphere," as The Daily puts it; he was previously fashion creative director at Esquire.

WWD, meanwhile, says it also expects a new editor-in-chief to be named quickly, and cites Tonchi, Carine Roitfeld, Katie Grand, New York's Adam Moss, and former Men's Vogue editor Jay Fielden as frontrunners, although none would comment.