Fashion Scoop: Kanye’s Closet Is Bigger Than Kim’s, Wet Seal To Go Bankrupt, and American Apparel’s Dov Charney Says He’s Homeless.

• In news of “you know it’s a slow day when,” apparently in their new $30 million Bel Air mansion, Kanye West has laid claim to the largest closet at 15 feet long, leaving his wife with a 12-foot space. Amongst the other amenities in the mansion: a 23-foot dressing room, a master suite, lounge and bar area that they will both share and a spa bathroom for her with a washroom for him.BNorth will likely inhabit one of the five other bedrooms in the house. I’ll stop grating my teeth now. (The Mirror)
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• Apparently we should feel bad for Dov Charney. Since being displaced at American Apparel, the former CEO has come out saying that he’s now homeless, saying his friend’s house in the Lower East Side and is “down to his last $100,000.” Must be nice huh? Well in perspective, he made eight times that a year at American Apparel so it’s likely quite an adjustment. His plans for that last chunk of change: “He’s suing everyone.” (Racked)

• Stay woke out there while you’re doing your holiday shopping! According to reports, shops like Victoria’s Secret, Walmart and Marshalls are putting returned underwear back onto the sales floor. Though the companies have stressed that this isn’t company policy, if it’s happening, that’s just disgusting. (The Fashion Spot)

• Remember back in the 90s when you used to go to Wet Seal and get a cute little outfit for hanging out with your friends? Well apparently, the next generation has not followed you. The company is on the road to bankruptcy, following a trend of teen brands failing like dELiA’s, Abercrombie & Fitch as well as Charlotte Russe. As they say: and another one bites the dust. (StyleBlazer)

• I love Jenna Lyons! No qualms about it and 2014 has been quite a year for her publicity-wise. Well rumor has it that she’s been told to tone down those public appearances after the brand reported some losses in the last quarter. Lyons is reportedly being accused of being out on the circuit too much and not focusing on the business. Of course when the brand was asked, they were indignant about it: “This is completely inaccurate and couldn’t be farther from reality.” The proof will be in Lyons’ visibility for 2015. (Page Six)