Here’s what’s haute this afternoon! Tommy Hilfiger, pictured with Rosario Dawson, wants Michelle Obama to wear his gowns. In an interview at Fashion’s Fight Against MS yesterday, he said, “She leans toward my causal clothes. I don’t think she knows I make dressy formal clothes.” [WWD] Have you always wanted to wear the Fantasy Bra from the Victoria’s Secret Fashion Show? Well, this is your lucky year. For the first time ever, the brand is selling a consumer version of the multi-million dollar bras it sends down the runway each year. It will be available in their upcoming holiday catalog and will retail for $250. [Fashionologie] Burlington Coat Factory owes Fendi some big bucks. The national retailer known for selling low-priced goods, was sued by the luxury brand for selling fake Fendi bags back in 1986. Over two decades later, the suit has finally been settled and Burlington Coat Factory must now pay $10 million to Fendi. [Fashionista] The buzz keeps building over H&M’s Lanvin collection. The Swedish retailer will host a fashion show for the Alber Elbaz designed collection on November 18th in New York City’s Pierrer Hotel. The items will arrive in stores on November 23rd. [Womens Wear Daily]