5 Things To Know This AM — Dec 22 2010

Gisele Bundchen looks like an angsty school girl in Balenciaga's spring campaign. (WWD)
If you're losing battles with giftwrap left, right and center, relax—Carol Lim from Opening Ceremony shows you how to wrap gifts like a pro. (Opening Ceremony)
The exclusive Paul and Joe sale for The Outnet is now on. Happy shopping! (The Outnet)
Calling all wannabe models: Kate Moss wants to open up a school for people like you! (Fashionista)
Still looking for a gift for your friend who has everything? Look no further, Givenchy's bondage masks will go down a treat. (Racked)

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