Kirsten Dunst Covers 'BlackBook,' Jessica Simpson's Clothing Line Worth Big Bucks, And More Fashion News

Kirsten Dunst on the cover of BlackBook.
Photo: BlackBook

Kirsten Dunst looks prim and proper (and GORGEOUS) on the cover of the December 2010/January 2011 issue of BlackBook. We love that she matched her eye shadow to her dress—it's so wrong, it's right. {Just Jared}

Jessica Simpson's clothing empire—she has a line of shoes, accessories, outerwear, bathing suits, fragrance and watches—brought in $750 million this year and is expected to break $1 billion in biz next year. Wowzers! {The Cut}

Lady Gaga has been spotted (again!) wearing towering sculptural "no-heels" from designer Noritaka Tatehana. How does she do it?! {Stylelist}

• 'Tis the season...Audrina Patridge spread holiday cheer by hosting a private shopping spree in Burbank, Calif., for the kids of St. Jude Children's Research Hospital. {People StyleWatch}

• When life brings you lemons, make lemonade! Which is exactly what tennis star Serena Williams did when she wore a Swarovski crystal bedazzled cast (she recently cut her foot on glass) to the YSL and Vogue "Evenings in Vogue" party on Dec. 8. {NY Post}

• The late Alexander McQueen has been awarded the Outstanding Achievement in Fashion Design award from the 2010 British Fashion Awards. {Coco Perez}

• This is so TMI, but we couldn't resist: A 40-year-old pair of Queen Elizabeth II's royal undies are being auctioned off for $9,000! {TMZ}