A Global Roundup

The Mattel toy company, home of Barbie, will begin a three year partnership with the CFDA this February. The company plans to sponsor Mercedes-Benz Fashion Week in New York as well as provide some funding for scholarships and panels for the organization. They hope that this partnership will reinvigorate sales for their legendary doll, as well as boost the company into a credible fashion source.(WWD)

The New York Times ponders whether President-Elect Obama's aversion to baggy jeans/pants will have any effect in killing the trend. (NYT)

Paris' Printemps department store celebrated the launch of Karl Lagerfeld's fantastical Chanel holiday display which features a band of puppets named Coco. (WWD)

Up-and-coming designer, Anand Jon was convicted yesterday on multiple counts of rape and sexual assault by a court in Los Angeles. (Apparel News)