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Today’s Top 5 Fashion News Stories

Today in Fashion News: Penelope Cruz is the new face of Spanish leather goods firm Loewe, plus more!

Today's Top 5 Fashion News StoriesPenelope Cruz is the new face of Spanish leather goods firm Loewe. She will star in the spring 2013 advertising campaign. [WWD]

A series of photographs of Kate Moss at the age of 14 are being auctioned off later this month in London. [Vogue UK]

As part of the Barneys New York holiday collaboration with Disney, a cartoon film that shows several of fashion’s key names immortalized as cartoon characters will be shown in Barneys New York beginning Wednesday. [Vogue UK]

Victoria’s Secret has apologized for having Karlie Kloss walk in its fashion show last week wearing a Native American-inspired headdress. [NY Mag]

Seventeen fashion insiders were named on Bloomberg Markets Magazine’s list of the 200 richest people in the world. []

Photo: Mert & Marcus/Loewe

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