Tracy Reese Celebrates Five Years in Style, of Course

June Ambrose (left) and Tika Sumpter (right) helped Tracy Reese (center) celebrate the fifth anniversary of her flagship store (right photo). Photos by Getty Images.

AT Tracy Reese, five looks rather fetching – that is her New York City flagship store, which is 4+1 and going strong in a weak economy. The designer is rather fetching, too, particularly in a white, halter-top maxi dress.

Last night, TR celebrated the milestone at her Meatpacking District location with cupcakes, libations, well-wishers and famous/semi-famous friends, including Veronica Webb, Tika Sumpter (“Gossip Girl”), Tinsley Mortimer.

Shoppers at the Tracy Reese store party peruse the stock.

Other party favors: a 25 percent discount on summer stock, and a portion of
proceeds from the night’s sales set aside for New York City Aids Fund (http://www.nycommunitytrust.org/).

Happy Birthday, Tracy Reese (boutique), and many more!

GUESS Launches Two Fragrances and One John Legend

John Legend performs for a captive audience at the Standard Hotel. Photo from Getty Images.

THE young crowd of beautiful people rubbing shoulders last night in the erstwhile Boom Boom Room on the 18th floor of the Standard Hotel were there to toast the launch of two fragrances from GUESS: Seductive I’m Yours for women and Seductive Homme for men. Patience, they won't be available until September. That was reason enough for a party. Of course, the near 360-degree spectacular views, including parts of Manhattan and Jersey are always a reason to celebrate in this room at the Standard. Taking the icing and the cake, though, was the surprise six-song set by John Legend ... More shortly.

Behold ... A Fashion Icon, According to Anna and (CFDA)

Lady Gaga is the 2011 recipient of the Fashion Icon Award from the Council of Fashion Designers of America. Photo from CFDA.

ONE has to give it to her, Lady Gaga knows how to set sartorial tongues awagging. Meet Queen Elizabeth of England got up in a red latex Elizabethan-era gown; show your swagger in a frock of faux meat, though the fiction still persists that it was real.

Wear any number of way/far over-the-top get-ups in a world where everyone has a camera, Web site and an opinion and you will get noticed by a lot of people, including those who run the fashion world. That would be Anna Wintour and the CFDA (Council of Fashion Designer of America) – in that order

At Monday night’s CFDA awards, the Lady herself was awarded the Fashion Icon Award. Yes, she was. Seems rather premature doesn’t it? … More shortly