Versace x H&M Returns, Michael Kors’ Hot Stock, and More

Michael Kors launching IPO
Photo: Patrick McMullan
I.P.Whoa! Michael Kors stock is in demand.

Get a sneak peek of the Versace x H&M Cruise 2012 collection. [Vogue U.K.]

Watch out, Wall Street! The Michael Kors offering is already oversubscribed. [WWD]

Rebecca Minkoff has collaborated with Baby-G on a watch with a "downtown romantic aesthetic." [WWD]

Apparently Hermès also makes designer coffee cup sleeves ($250 a pop for a croc version). [The Awl]

Naomi Watts rocks Prada for the January/February cover of Harper's Bazaar Australia. [Sassi Sam]

Andrea Jung is stepping down as Avon's CEO after 12 years. [New York Post]