Marc Jacobs sexed up his next ad campaign with Brit it-girl Daisy Lowe. The saucy ads will make their début in the February issue of Teen Vogue. 

The 19 year-old model is the daughter of singer/songwriter turned fashion designer Pearl Lowe and Bush front man Gavin Rossdale. Lowe was also featured along with Peaches Geldof in Agent Provocateur’s fall 08 ad campaign.

<<Daisy Lowe for Marc by Marc Jacobs.

As a sign of the times Chanel cut 200 jobs from its Paris operation which represents about 10% of its French workforce.

Last year the fashion house enjoyed over $5 billion in sales. Two weeks ago, the company announced that it was cancelling its Mobile Art tour designed by Zaha Hadid.  However Chanel Artistic Director Karl Lagerfeld said the move was the result of artistic differences and not money.

<<Chanel's grand finale during the Fall/Winter 2008 collection in Paris.
Chanel Fall/Winter 2008 - Paris
© 2008 fashionWATCH - Photo: Edward James

An embarrassment of riches. According to the New York Post wealthy Prada patrons who have not been affected by the recession are asking clerks to put their purchases in unmarked bags so that their unabated and lavish lifestyle would go unnoticed.