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5 Things To Know This AM

T-minus zero days until Coach begins its transformation into a full-fledged lifestyle brand. (WWD)
Mad money: Luxury department store Neiman Marcus was acquired by a group of private equity investors for $6 billion. (Dealbook)
If you thought being an editor during Fashion Week was tough, imagine what it's like to be an editor's assistant. (Cosmopolitan)
Thanks to, you, too, can be a member of the in-crowd. (Style)
This newly discovered use for gym shorts will transform your workout wear into "twerk-out" wear. (Gawker)