The sparkly butterfly costume Katy Perry wore to sing “Wide Awake” at Canada’s Much Music Video Awards on Sunday was fine as long as she had the wings on. But when her name was called to receive the best international artist award, she ran onstage sans wings, and then had to hold the trophy against her backside to prevent viewers from seeing too much through the sheer fabric. [Huffington Post]

The red-carpet fashions failed to impress at the London premiere of “The Amazing Spider-Man” on Monday, although Emma Stone did wear a nice, sparkly Elie Saab jumpsuit. [Styleite]

Iris Apfel is 90, Tavi Gevinson 16, but both have been lauded for their individual senses of style. The two came together to talk about it on a panel organized as part of the Metropolitan Museum of Art Costume Institute’s ”Schiaparelli and Prada: Impossible Conversations” exhibit. It’s all a matter of confidence and an appreciation for fantasy, they said. [Racked]

A New York federal judge dismissed Louis Vuitton’s case against Warner Bros. Entertainment Inc. for using counterfeit Louis Vuitton luggage in “The Hangover Part II.” [WWD] (Subscription required.)

Meanwhile, French police busted an international crime ring dealing in fake Hermès bags and involving some employees and former employees. [WWD] (Subscription required.)

J.C.  Penney President Michael Francis is leaving the company after only eight months, and the retailer is resurrecting the word “sale” in its advertising and adding more “Best Price Friday” days to its annual calendar after poor customer response to its efforts to redefine the brand. [AP via Los Angeles Times]…..more