A first look at Balmain for H&M, Ralph Lauren is stepping down as CEO of his namesake company, and more fashion news that caught our attention this week.

Fun Fashion Fact

Did you know that Charvet, theĀ French high-end shirt maker and tailor founded in 1838, was the world’s first ever shirt shop. It’s thanks to the renown of its ties, that charvet has become a generic name for a certain type of silk fabric used for ties.