Well, the dress has been found ... to be a fake!
The thief who took the gown says he took the dress from Lupita's room at The London after finding the door ajar.
[Image via WENN.]
But, it's not quite as bad as we had originally thought.
First of all, she's joined forces with People Tree as a "creative advisor" (how very La Lohan of her), so she's not claiming to actually design anything.
Second, royalties from the sales of her line will go to the People Tree Foundation, which works to promote environmental justice and Fair Trade.
So, really, she did keep her word that she isn't "really interested in [designing] for my own ego. I'm not a designer."
And actually, we're a bit excited to see what she turns out. Hopefully it's cute.
The collection will launch in February 2010 and will feature 26 pieces for women and 15 for men.
Between this and school, she's a busy girl!
[Image courtesy of People Tree.]