ALL FIRED UP: After showing their collections, some designers might wish they had done things differently. Not "P. Diddy" Combs, who presented his collection on Saturday night. "I would have still fired Lori Goldstein," he insisted, of the high-profile stylist he axed when she offered an opinion different from his own. Strolling into the Marc Jacobs show, he said, "I wouldn’t have changed a thing."

IT’S A DEAL: If Calvin Klein and Barry Schwartz ever harbored dreams of going public, that wish becomes a reality today…sort of. Phillips-Van Heusen, a publicly traded firm, officially closes its deal to buy Calvin Klein Inc. today, two days earlier than recently speculated. CKI will become a subsidiary of PVH, and its net and revenues will now be incorporated into PVH’s quarterly results.

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