5 Things To Know This AM — May 08 2012

Swoon! This slim, sexy, and streamlined new bag from Rachel Comey is exactly what we were hoping tot to tote around all summer long. (Rachel Comey)
The pocket square might be a "thing" this summer...for all of those people who want to wipe away their sweat and then stuff smelly pieces of silk back into their pockets. (Kempt)
Sneak a peek at Rihanna's second capsule collection for Armani. Spoiler alert: Expect jeans and underwear (again). (Fashionista)
Coco Rocha debuted her big purchase from the Elizabeth Taylor auction at the Met Gala last night, which came complete with proof that the late movie star did, in fact, wear this electric ensemble. (People)
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Anna Nicole Smith's adorable daughter, Dannielynn Birkhead, got all decked out in sunny yellow and a smile reminiscent of her mother's, for the Kentucky Derby. (Fashion Week Daily)
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Photo: Courtesy of Rachel Comey
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