Fashion news: Diana Ross for Steve Madden, Twitter to the rescue and no cheaper Balmain for you!

Photograhy by Peter Stigter
Photograhy by Peter Stigter

That lower-priced Balmain line? Not happening. Never was. Says a company spokesperson: “What I think you might be referring to is a capsule collection that was prepared for some Parisian retailers.¬†Christophe Decarnin wasn’t involved in that project. The brand has decided to not repeat the experience, preferring to concentrate all its efforts on the main line.” [Vogue UK]

Can Twitter save haute couture? [Toronto Star]

Critically lauded but perpetually jobless designer Olivier Theyskens has the sketches for three or four imaginary collections. He may not have a fashion house, but he does have that book coming out. [WSJ, via The Cut]

Is this odd to anyone else? Diana Ross is collaborating with Steve Madden. [WWD]

Tommy Ton has Twitter-accused Jimmy Choo of biting his photo style for the company’s 24:7 ad campaign. [Fashionista]

America’s Next Top Model Cycle 13 winner Nicole Fox has landed the Spring 2011 campaign for Alexander McQueen. [The Frisky, via Refinery 29] UPDATE: A rep for McQueen says, nuh-uh, not true.

Today in obvious news: Young men are more likely to wear their pants low; older men are more likely to wear them up high. [Guardian]