Juliette Longuet

It was a crazy rumor in August, and now it’s official. Alexander McQueen will be designing a line for Target. In March, the collection inspired by McQueen’s diffusion line McQ, will be the first one of the mega-retailer’s new “Designer Collaborations” series, which features established designers. The collection is inspired by The Duck Spirit, a British band. Indeed, lead singer Leila Moss was McQueen’s muse for the collection. The collection will have rock’n'roll influences and edgy details such as tattoo-print fabrics.

The line will be available in stores and online from March 1 to April 11, 2009. Prices haven’t been determined but the program will bring the styles of well-established designers at typical Target Price. Target said additional Designer Collections will be announced in the future. Each Collection will be available in stores for a limited time.

Marc Jacobs and Robert Duffy have decided to cancel their “Rock and Roll Circus” holiday party, which was to take place at the Rainbow Room in December 10.

“Due to the financial climate, I had to make the decision to cancel the 2008 holiday party” Duffy said in an e-mail. “It pains me as this has been a Marc Jacobs tradition for the past 18 years. Hopefully it will be reinstated next year.”

The Manhattan skyline will lose a bit of New York and gain a touch of London in coming months. Next March, Burberry will move its US headquarters to 444 Madison Avenue (a 68,000 square foot building , formerly owned by The New York Times), between 49th and 50th Streets and will top off the 42-story Art Deco tower with three glowing Burberry signs, which will also show the time and temperature.

The building will also include space for a retail store.Currently, Burberry has two stores in Manhattan: one on 57th Street between Madison and Fifth Avenues, and the other in SoHo.