To celebrate Barbie’s golden anniversary, Mattel spared no expense for a lavish (sources estimate the cost at $500,000) beachside bash at — where else? — a Malibu dream house. Inside, real-life dolls Heidi Klum, Ginnifer Goodwin, Lauren Conrad and singers Aly and AJ nibbled on miniature sandwiches while reflecting on the pursuit of perfection. “You are drawn to the look you cannot have. The more fantasy, the more unrealistic, the more I like it. I also want to congratulate Barbie on how fabulous she looks at 50,” said Klum, who remained tight-lipped about her upcoming clothing venture, a possible tie-in with the iconic doll. The interior trappings, styled by Colin Cowie with a blonde wig chandelier, a Barbie Andy Warhol portrait, a closetful of Christian Louboutin Barbie pumps and several Jonathan Adler pieces from the Pink Capsule collection hitting stores in September, will relocate to a suite — no doubt for more parties — at the Palms Hotel in Las Vegas later this month.

RUN OF SHOW: Call it a family affair. At a Moscow fashion show organized by the Tsum department store Monday night, Naomi Campbell’s mother and the supermodel’s oligarch boyfriend, Vladislav Doronin, were there to watch as she sauntered down the runway. Campbell has been spending much of her time in the Russian capital and has even been seen at a prestigious gym. Spectators in the three-quarters-full venue, a luxury mall in a forested suburb that is home to many a mogul, included flamboyant Russian pop star Filipp Kirkorov and the designer Valentin Yudashkin. Campbell has made sporadic appearances at Moscow parties, always to frenzied acclaim. “She’s not just a star, she’s a superstar of global dimensions,” said Yudashkin. Rounding out the quirky guest list: Greek pop star Sakis Rouvas. “I handed her the torch at the 2004 Olympics,” said Rouvas, referring to the torch relay in which Campbell participated. “She carried it for a few meters. She was excellent.”

Could art collectors be the latest guardian angels of the fashion world? That’s the case for Lost & Found, a fledgling Tuscany-based fashion label that has landed Alain Dominique Perrin, executive director of Compagnie Financière Richemont and president of The Cartier Foundation, as an investor. Based on seasonless clothing using artisanal techniques and natural fabrics and dyes, Canadian Ria Dunn runs the brand with her partner, Italian architect Alessandro Esteri. Its second collection is being presented at the No Season showroom in Paris this week.

This story first appeared in the March 11, 2009 issue of WWD. Subscribe Today.

FASHION CYCLES: While Celine skipped the Paris runway this season, the brand can soon be spotted in the bike lane. The French house has launched a capsule collection called Bicyclette aimed at the cycling set. Styles include jersey dresses, cotton poplin skirts and a jacket that converts to a parka for unexpected showers. The collection is slated for August retailing.

SUITING UP: Though the film may be called “Duplicity,” Clive Owen opted for the real thing when it came to designer threads. In his role as the corporate spy Ray Koval, opposite Julia Roberts, Owen will sport made-to-measure suits by Giorgio Armani. “I’ve never been better dressed in a movie,” Owens stated. The film hits theaters March 20.

SHOP TALK: There’s no stopping Marc Jacobs — even in this current financial climate. Jacobs’ global reach continues to widen with seven new boutiques this year. Working with Stephan Jaklitsch Architects — his go-to source for the design of his boutiques — Jacobs just opened two stores in Bahrain: a Collection boutique at the Persian Gulf kingdom’s Moda Mall, and a Marc by Marc Jacobs boutique in the Bahrain City Centre. Jacobs also just opened a Collection store in São Paolo’s Jardins district, and later this month will unveil a Marc by Marc Jacobs store in London, on the corner of Mount and Audley Streets. In June, Jacobs plans to add to the Chicago retail scene with a 2,988-square-foot Collection store at the new Elysian building, on the corner of Walton and Rush Streets. And he will round the year out with a Collection boutique in Hong Kong and Seoul.

YOUNG GUN: French cataloguer La Redoute has tapped hot young couturier Alexis Mabille, 31, to create a one-off ready-to-wear and accessories collection, which will be available beginning in July. Among the pieces on offer will be a satin midnight blue bolero, an evening dress and a pink cotton pique shirt.