Louis Vuitton Moët Hennessy's Louis Vuitton sales dropped 2.4 percent in the fourth quarter. Chief executive officer Bernard Arnault said "the recovery may be faster than expected in the U.S." [WWD]

• Yvan Mispelaere will join Diane Von Furstenberg as creative director on April 1. He replaces Nathan Jenden, who will leave the company after the fall 2010 fashion show to focus on his own label. Mispelaere previously held positions at Gucci and Chloe. [WWD]

• Nathalie Rykiel says she decided to pair with H&M for a one-off Sonia Rykiel line because "They copy me all the time! Finally I said, 'Look, if you want your girls to wear Sonia Rykiel from H&M, let's let them have the real thing!'" [Nylon]

• The Daily Mail calls the costume Rihanna wore to perform in the pre–Super Bowl concert in Miami "peculiar." [Daily Mail UK]

• Donna Karan is throwing a benefit for Haiti on Monday, February 8, headlined by Mary J. Blige with an after-party at the Standard.