>> Vogue Australia Erases Abbey Lee Kershaw, Catherine McNeil's Nipple Piercings —While British lawmakers are considering banning airbrushing, Vogue Australia made quick use of Photoshop within its 50th anniversary September 2009 issue.  Greg Kadel photographed Abbey Lee Kershaw and Catherine McNeil topless for an editorial entitled "Come As You Are," capturing the models with their nipple piercings in plain view, but in the magazine, the jewelry has been erased — Frockwriter has photo evidence.  Funnily enough, however, they kept Abbey Lee's piercing untouched in a less close up shot. [Frockwriter (NSFW)]

>> There have been plenty of rumors surrounding Kate Moss's involvement with Sir Philip Green and Simon Cowell's new entertainment venture — the first batch of which Moss's agency Storm and Green wouldn't comment on, but an industry source close to Cowell and Green denied.

Last week, the Mirror reported that Kate has signed up to be on Cowell's new battle-of-the-bands-type TV show which gives a unsigned group a chance at fame; the show is supposedly going to be launched in the US with a British spinoff later. Now, People has picked up on the story — which is still unconfirmed — and says that Kate may be either a judge on the show or perhaps a host in the style of Ryan Seacrest.

The deal in the works — which is estimated to be worth $80 million — would allow Kate to be involved in developing and merchandising the program; she could also appear on Cowell's other shows like American Idol and Britain's Got Talent.

>> Cavalli Loses Minority Stake Deal; Prada Postpones Loan Payment —After three years of speculation, Roberto Cavalli almost had us convinced that he was ready to sell a minority stake in his company.  The deal he was working on with Clessidra — which was expected to be finalized by the end of September — fell through over the weekend after the private equity firm disagreed with Cavalli over the value of his business. Meanwhile at Prada, Miuccia and Patrizio Bertelli now have until 2012 to pay off $450 million after lenders agreed to an extension, a move that alleviates any pressure to sell a stake in Prada over their desired, but so far elusive, initial public offering. [WWD, WWD]

>> Natalia Vodianova, Franca Sozzani Make Vanity Fair's 2009 International Best-Dressed List —Vanity Fair just released the contents of its annual International Best-Dressed List from its September issue, and there are fashion figures galore; a whole category was devoted to "Fashion Professionals," which Franca Sozzani, Georgina Chapman, Tory Burch, Style.com's Candy Pratts Price, Rachel Roy, Edun's Ali Hewson, Prada France's Mathilde Meyer-Agostinelli, David Lauren populate. Natalia Vodianova and Justin Portman are included in the "Couples" named; Bruce Weber and Peter Beard are listed under "Fashion Originals"; Matteo Marzotto, formerly of Valentino and currently of Vionnet, is on the Men's Best-Dressed List; and Lapo Elkann made the Hall of Fame.  Anna Wintour wasn't included, but she did get a nod from Renee Zellweger, who listed her among her style icons. [Vanity Fair]