Today’s news: Banana Republic is coming to London – to the old Dickins & Jones store. I can’t say it appeals to me (a more expensive version of Gap? No ta) and it seems like other people think the same. I wonder how it will do? In the meantime, I hear Phoebe Philo has been designing for Gap on the quiet. She has been paid thousands to do this and her influence can already be seen in the spring and high summer collections. The evidence? Lots of preppie-ish cottons, dresses and fine knits in a muted palette and some fabulous (but rather expensive) bags.