Macy's

Giambattista Valli is designing for Macy's and while you may not have heard of him, I assure you this is a big deal. Let me count the ways by quoting New York Magazine, Valli "just showed at couture weeks, is known for extravagantly priced and over-the-top evening wear, and whose name has become synonymous with expensive, luxurious, in-your-dreams clothes."

It seems like, if you know what's good for you, you would take advantage of this designer slumming it by designing for Macy's.

The collection will be called Giambattista Valli for Impulse. Women's Wear Daily broke the news saying that while Valli's couture line "feature[s} exaggerated layers of tulle, feather-covered garments, enormous bows and wild mixes of animal prints."

Madonna, who has been known to push the limits in everything she does wishes her daughter would dress a bit more conservatively. "If anything, I wish she'd dress more conservatively," says Madonna. "How's that for irony?"

Madonna and her daughter Lourdes are launching a new clothing line together called Material Girl, which is set to hit Macy's stores this August.

So what's the line about?

"I did a line for H&M, which I enjoyed, but it was a lot of work," she tells Us Weekly in an interview. "I thought, I don't want to give up the rest of my careers, so I'm not going to do my own line again. But I have a 13-year-old with tireless energy who wanted to do this. I’ve been involved in business meetings, but Lola's really doing the work. I just sit in the corner on my BlackBerry!"

She says her daughter's style "is inspired by kids she sees in hip-hop and ballet classes, European influences, bands she listens to. You could say it's in the DNA — but I could never tell her how to dress! She also comes to my photo and video shoots, pulls outfits together and gives her input to a lot of my fashion-designer friends. Whether it’s Marc Jacobs or Stella McCartney, they always ask her what she thinks."

How cool must it be to have Madonna as your mom? The cool thing about Madonna is that she portrays this risky image in public but she is actually a very caring and loving mother behind closed doors. And Lourdes seems to have her head on her shoulders so she is definitely doing something right!

Jessica Simpson is the main focus of Macys these days! For the past couple weeks, Jessica’s fall collection has been featured in the windows of the flagship store in Herald Square in New York.

Jess is also a part a commercial for Macy’s Come Together campaign, which is working with Feeding America to help families in need. She says she is deeply committed to the cause. “Hopefully this commercial will help raise money for Feeding America. It’s such an incredible charity. It’s amazing the numbers of how many people are hungry in America.”

In addition to the commercial, Jess will be throwing a dinner party to raise money for the cause. She says, “I’ll definitely throw a dinner party. It might not be as tidy as a Martha Stewart dinner party, but I will cook up some good food – Southern style!”

Check out the star-studded Macy’s commercial below, including Usher, Queen Latifah, Mariah Carey, and Donald Trump!