WHAT: MaxMara’s Summer Cube jacket. WHY: This customizable parka comes in many different silhouettes—all of which are reversible—and it easily compresses into a “cube” shape. The quilted Summer edition is lightweight enough for blustery winter days, given that it’s made of Siberian goose down. And bonus: it comes with a double belt and is even available in 8 different colors. AVAILABLE: $990, at MaxMara stores nationwide and 1.866.MAXMARA

Candice Swanepoel hits the cover of Victoria’s Secret swimsuit issue.

The beginning of 2011 means much more than the start of the new fashion calendar: it’s also a chance to brush up on the intriguing French fashion terminology that may have already started creeping into the vocabulary of your globetrotting Franglais fluent friends. Being understood by the masses is so 2010!

Wes Gordon reveals his current obsessions.

Marie Claire’s EIC Joanna Coles is back with more tips on how to become a tech expert and her thoughts on Facebook.

The Independent reports today that 8 year-old Romeo Beckham, the middle son of Victoria and David Beckham, will be unveiled on British GQ Magazine’s best dressed list as the UK’s 26th most fashion forward male ahead of Jude Law and Prince William.

January 3 was a day of firsts for many new employees of New York’s top PR agencies and fashion brands. Among the notable appointments:

Kate Etter has been named director of public relations at Tory Burch. This is a new position, and Etter will report to Frances Pennington, VP of global public relations and brand communications. Most recently, Etter served as senior account manager at PR Consulting, where she handled accounts such as Jil Sander, Narciso Rodriguez, and Nina Ricci. Prior to that, Etter served as PR manager at Nina Ricci.

Alice and Olivia’s Stacey Bendet is back from vacation with more exclusive parenting advice for Chic Report.

kimpaper (Kim Hastreiter): Bank of america’s shitting in their pants. Ya gotta love Julian assange…stefanogabbana: This building its sooooooooo high!!!!! http://yfrog.com/h61v1qj
…FrankBruni: Brown rice, snap peas and no booze. I might as well get in the lotus position and chant while I’m at it…verawanggang: New Year, New Twitter! Stay tuned here, to our revamped @VeraWangGang, for an inside look at all things Vera. Happy 2011!

Blogging from Manila to Milan [WSJ] “My mom would joke with me: ‘My God, Bryan, your life is a stream of 15 minutes.'”…Facebook Deal Offers Freedom From Scruntiny [Dealbook/NY Times]
Thanks to investment from Goldman Sachs and its clients, Mark Zuckerberg retains absolute control—and the company is spared from government regulation