5 Things To Know This AM — Dec 07 2010

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Willow Smith knows how to keep herself relevant at the tender age of 10. She whipped her hair—complete with seasonal candy cane hair extention—all over the place at the holiday tree lighting ceremony at LA Live on Saturday. (Popeater)
Luxury brand Tod's is shelling out $25 million to fully renovate the Roman Colosseum. Fancy. (Elle)
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In addition to actress, U.N. Goodwill Ambassador, and mother, Angelina Jolie is adding jewelry designer to her resume. We're onto you, Angie—this is just one more step in your plan for world domination. (WWD)
Famed fashion photographer Mario Testino will be shooting Prince William and Kate Middleton's engagement photos. We're thinking he won't be as adventurous with the royal spouses-to-be as he's been Gisele, but we can't wait to see the shoot, to be released Dec. 25th. (Fashionologie)
Harry Potter's popularity may be responsible for the increase in illegal owl trade and smuggling in India. Hedwig does not approve. (Jezezbel)
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