5 Things To Know This AM — Jul 19 2011

Fashionista provides a handy guide to this year's CFDA Fashion Fund Finalists. (Fashionista)
What's the price of back-to-back collection showings and financial pressures? Business of Fashion explores the fashion Armageddon. (BoF)
Uniqlo replaces Jil Sander with Undercover by Jun Takahashi that'll launch in spring of 2012. (Shophound)
Stephanie Seymour calls the cops on her 18-year-old son (the same one in those rather icky beach photos with Momma Steph) over a dispute. (NYPost)
Have you ever noticed how weird the product descriptions are on Groupon's site? Racked did, and they put together some of the most irreverent ones. (Racked)

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