Will Smith to Wear Marc Jacobs in Oslo... Feeling Sheepish...

Will Smith will be looking good in Marc Jacobs when President Obama is presented with the Nobel Peace Prize in Oslo.

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LENDING A HAND: Christian Estrosi, France’s Industry Minister, has voiced his support for troubled couturier Christian Lacroix following a court-sanctioned restructuring that will see the owner, Florida’s Falic Group, wind down couture, ready-to-wear and retail operations to focus on licensing. In a statement published on his Web site Wednesday, Estrosi said the economic climate in Dubai is likely to have played a part in slowing down a possible bid by Sheikh Al Hassan Bin Ali Al Nuaimi of Ajman. As a result, Estrosi has mobilized French diplomatic networks in the United Arab Emirates to “alert the sheikh of the urgency of the situation.” Estrosi is due to meet the couturier in the next few days. Meanwhile, Lacroix has indicated he will not cooperate with Falic on any future projects, which could include a relaunch of rtw and accessories under license.

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