CLOSE-KNIT FAMILY: The Missonis have another budding designer in their midst. Theresa, the 14-year-old daughter of creative director Angela Missoni, is a whiz with recycled T-shirts, cutting, shredding and decorating them into sexy shapes. During fittings for the Missoni show Monday, Theresa actually made a sale: to model Gisele Bündchen, who insisted on paying. "I’m a supporter of young designers," Bündchen told the Missoni clan.

That being the case, young Theresa should raise her prices: Even though Bündchen is only doing a few shows this week — Missoni, Dolce & Gabbana and Prada — sources estimate she’s pulling down between $25,000 and $40,000 per show. Not that that’s her record. Word has it a Brazilian firm recently paid her $200,000 for an exclusive appearance.

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