Soon, Kim Kardashian won’t be the only one wearing Balmain. The label, headed by designer Olivier Rousteing, announced at Sunday night’s Billboard Music Awards that he’s teaming up with H&M for a collaborative collection. Meanwhile, Ascena Retail, the company behind Lane Bryant and Dressbarn, purchased the Ann Taylor brand for $2.2 billion.

-Love Kendall Jenner’s look from the Billboard Music Awards? That ensemble could soon be yours, as Balmain and H&M are teaming up for a collection, slated to hit stores Nov. 5. [Racked]

-Ann Taylor, Loft and the rest of the Ann Inc. lines were picked up by Ascena Retail over the weekend for a mere $2.2 billion. Kay Krill, the current president and CEO of Ann, will continue to head the brands under new leadership. [Racked]

-Were two brands too much to handle? Victoria Beckham is merging her two brands — Victoria, Victoria Beckham and the Victoria Beckham denim line — into one label: Victoria, Victoria Beckham. The first collection to come from the new label will be her pre-spring 2016 line, with items ranging from $195 to $1,900. [WWD]

-The CFDA Fashion Awards are just two weeks away, and this year’s presenters have finally been announced: Taraji P. Henson will unveil the accessories award, while Amanda Seyfried and Joshua Jackson will hand out the womenswear and menswear honors, respectively. [WWD]

-How did Del Pozo, a boutique fashion label founded in 1974 in Madrid, grow to the internationally recognized brand Delpozo? Look no further than creative director Josep Font, who fought to get Delpozo a spot on the New York Fashion Week schedule. [Independent]