A new west-coast flagship is in the works for Oscar de la Renta, who will take over Tracey Feith's space on Melrose Place. The area is poised to become a couture corner, with Marc Jacobs, Marni, Diane von Furstenberg and others all close by, and Balenciaga, Chloe and Vera Wang all jockeying for space. [via Fashion Week Daily]
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