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In case you didn't spend enough time editing your Instagram photo to Pinterest-worthy perfection, the app will be launching more tools to help users refine color and fade. Your sunset-grams will thank you.

Maria Luisa Poumaillou, co-founder of Paris' Maria Louisa boutique and a well-known buyer responsible for introducing the world to Martin Margiela, Helmut Lang and Jean Paul Gaultier, died Monday evening after a long battle with cancer.

Following the opening of a London campus in 2013, Conde Nast is opening its second college of fashion and design in Shanghai, with courses set to begin this fall. With class offerings including technical creative courses and advanced fashion design, the new location is the just the beginning of what Conde Nast hopes will be an international expansion of the colleges.

It's no secret that China's economy has been expanding at a rapid rate, but there's one section where the U.S. has got China beat: online shopping. Even with mega Chinese e-tailer Alibaba's insanely profitable business model, the U.S. has managed to surpass China as the most attractive market for e-commerce. Looks like shopping addictions can be a good thing, after all.

It's been a great year for Valentino. With a 45% increase in global retail sales and a successful season outfitting the likes of Keira Knightley, Sophie Hunter and perhaps most memorably, Ben Stiller and Owen Wilson, the famed Italian fashion house is looking to open 20 to 30 new units next year, beginning with a flagship store in the Piazza di Spagna in its home city of Rome.

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