• Time magazine named Kate Middleton one of their runner-ups for the 2011 Person of the Year award. (Royals do often get beaten out by protesters.) [Time]
• To celebrate the last D&G collection, designers Domenico Dolce and Stefano Gabbana are asking fans to film music videos for a remix of “D&G Music,” in which Stefano says “D&G is D&G, D&G is love,” repeatedly. (SOMEBODY just watched the Top Model “pot ledom” episode.) Their favorites will be edited into a final video. [Style]
• Katherine Heigl covers Elle’s January issue, telling the magazine, “They wanted me to be America’s sweetheart … then I opened my mouth.” [Elle]
• Watch James Franco filming the 7 For All Mankind spring 2012 campaign. [Just Jared]
• WWD gives Tim Tebow, the Denver Broncos quarterback, a C- in fashion, calling his look “Oprah-Winfrey-on-the-way-to-a-Hamptons-tea/dance-party.” [WWD]
• The Today show just discovered ugly Christmas sweaters. [Styleite]
• Kim Kardashian bought a set of Lorraine Schwartz bangles at the Elizabeth Taylor jewelry auction yesterday. She paid $64,900 for the bracelets. [InStyle]
• “Green Monday” marks the seventh billion-dollar cyber spending day during the 2011 holiday season. [WWD]
• And yet the holiday season still proves increasingly challenging for retailers, who are struggling to make a profit as competitive price points drop lower and lower. Amazon.com is especially undermining other big-box stores, with prices 10 to 15 percent lower than retailers like Target, Wal-Mart, and Best Buy. [NYP]
• Supermodels talk about getting older in a trailer for the new documentary, About Face, the film in which Paulina Porizkova discloses sexual harassment as part and parcel of the seventies–eighties modeling industry. [Fashionista]
• See a ‘quirky’ video of Hanne Gaby Odiele modeling Derek Lam’s new 10 Crosby collection. [Window]