Your daily news roundup.

Those stories and more in our daily news roundup.

• Giedre Kiaulenaite is the next model to watch. She made her debut last Paris Fashion Week — and was booked exclusively for Balenciaga. [WMagazine]
• Details commissioned 10 CFDA members to create a limited-edition collection of pocket squares for charity. The pocket squares will retail for $100 and hit Bonobos.com on Dec. 4. [LA Times]
• Mulberry has been honored with the prestigious Walpole luxury award in London. [Elle UK]
• Kristen Stewart's stylist Tara Swennen hasn't given up on Balenciaga. "I still love the brand, I will continue to pull it, and she'll continue to wear it," she says. [The Cut]
• H&M has released a video teaser featuring pieces from its soon-to-launch higher-end label & Other Stories. [Vogue UK]
• Canadian brand Joe Fresh may have found the secret to fast-fashion success. "We like to take trends and interpret them," founder Joe Mimran said. "Put our spin on them, and have our voice to it, which is a different branding idea." [Racked]
• A total of 73 people were arrested in China when 37 factories that manufactured counterfeit luxury handbags were shut down. [WWD]
• Marchesa's new Iris clutch owes its shape to an olfactory source of inspiration. [Elle]
• Nicola Formichetti threw a wild "panda party" in London in honor of Dazed's December issue. [DazedDigital]

"Sometimes it's those who seem the most unlikely who may be the naughtiest when you're not looking," Jason Wu said in what just might be the most surprising quote of the day so far. Who knew?

Photo courtesy of the CFDA.

Ivana Omazic, the designer who helmed Céline before Phoebe Philo, is reportedly now in a "senior creative capacity" at Maison Martin Margiela.

Omazic's new position is particularly interesting considering that the house's designers work as a collective unit instead of as a team led by one designer. Even before Martin Margiela left the house in 2009, he refused to bow at the end of his shows, and the house only accepted interview questions via fax. And despite today's news of Omazic's appointment, it seems that policy of anonymity is still in place; when WWD inquired about Omazic's position, the house responded by saying that it does not comment on individual members of its staff.

Before Omazic joined Margiela's collective group of designers, she worked for Romeo Gigli, Prada, Miu Miu, and Jil Sander. She joined Céline as a consultant in 2005 and became creative director the next year when Roberto Menichetti left the brand. Omazic was replaced by Philo in September 2008.

Those stories and more in our daily news roundup.

• To celebrate the release of her book, Grace: A Memoir, Grace Coddington will field questions from Vogue's Twitter account (@VogueMagazine) tomorrow, Nov. 20. [WWD]
• The iPad is becoming the key to luxury ecommerce success. [WWD]
• British designer Emma Cook's whimsical collection of apparel and home decor for Topshop will be available Dec. 6. [Elle]
• See by Chloé design director Laure de Sade has left the company. It is not known what her next move will be. [Vogue UK]
• Chris Burch, founder and CEO of Burch Creative Capital, has announced that he is slowing down the development of two nascent brands to focus on growing his other labels, C. Wonder and Monika Chiang. [WWD]
• Stella McCartney has designed a White Ribbon badge to run during a two-week campaign for the International Day for the Elimination of Violence Against Women on Nov. 25. [Vogue UK]
• Hugo Guinness says that humor is his main source of inspiration for his artwork, which is currently being featured in a line of accessories for Coach. [FashionEtc]
• Anna Karenina costume designer Jacqueline Durran says 1950s couture inspired the movie's costumes because it has "a stark, architectural approach which doesn't involve a lot of surface detail but at the same time captures a kind of romanticism." [Fashionista]
• The Maison Martin Margiela for H&M collection hasn't sold out yet. [Racked]
• Jordi Constans is the new CEO of Louis Vuitton, replacing Yves Carcelle. [WWD]
• Vanessa Steward's second capsule collection for A.P.C. will expand into the company's bread and butter: denim. [Style.com]
• Iris Apfel's personal style mantra is "more is more and less is a bore!" [Fashionista]

"The more people that are afraid when they see new creation, the happier I am," says Rei Kawakubo in a rare new Q&A. Perhaps that's why the reclusive designer, who never makes public appearances and speaks to the press infrequently, isn't afraid to pass judgment on popular fashion.

"I think the media has some responsibility to bear for people becoming more conservative," Kawakubo told WWD. "Many parts of the media have created the situation where uninteresting fashion can thrive."

The rest of the interview is similarly blunt. Read on for more of Kawakubo's deep-cutting pronouncements.

On the inspiration for her Spring 2013 and Fall 2012 collections: "I can honestly never remember clearly what I was thinking about at the time. I was only trying to make something completely new. There is never more meaning than that. I was not thinking about the age of Internet when I was making the Fall-Winter 2012 collection."

On whether business is more important in fashion than creativity: "Yes, it's true . . . And it's weakening the power of creation. This is the worst of situations."

On her design ethos: "My intention is not to make clothes. My head would be too restricted if I only thought about making clothes."

On selling garments vs. making a statement: "Every day I think about the selling, but when doing a collection, all I want is for people to feel the power."

Could Nicolas Ghesquière be thinking about a hiatus from fashion? Grace Coddington has seen more than one brilliant design career put on pause — or worse, come to an end —and hopes the same thing won't happen to her close friend Ghesquière, who's leaving Balenciaga at the end of the month.

"John Galliano, whom I adored — gone; Helmut Lang, major talent — gone," said Coddington in an interview with The New York Times. "Hopefully Nicolas won't just give up and walk away. He's too good, too strong, too brilliant, too passionate."

Coddington said she rode out the aftermath of Hurricane Sandy with Ghesquière at the Carlyle Hotel, where a number of industry names stayed after the storm. Perhaps Ghesquière let something slip while Coddington and her cats "sat with him" in his room there?

Whatever Ghesquière has planned, Coddington has added her name to a star-studded list of people who want Ghesquière to stay in fashion. Earlier this month, Karl Lagerfeld said that it's "not a bad idea" for the designer to start his own line.