Alexa Chung is Fashion's "It" Girl

We’ve been hyping Alexa Chung‘s ineffable coolness for months and now the New York Times agrees! The British model was profiled this weekend and declared fashion’s “latest ‘it’ girl.” Not only does Chung have a line of clothing at Madewell, she’s also starring in a PBS reality show “Thrift America”, which will track her mining consignment shops for undiscovered gems. The show debuts next summer. I’ve rounded up some of her signature looks.

Plastic Surgery Through Tom Ford's Eyes

Much ado has been made about Crystal Renn's recent size transformation, but Carine Roitfeld and Tom Ford team up with Renn to give her another kind of transformation in the holiday issue of Vogue Paris. Roitfeld styled and Ford captured Renn in "La panthere Ose" a woman with puffed up lips and a pulled-back face, the result of simulated plastic surgery. These are some of the first images of the issue, which was guest edited by Ford, who is featured himself in the pages wearing a feathered headdress.

How To Rock: Jeans!

- Pair with a Strong-Shoulder Jacket

- Rock Tall Boots

- Slip on Statement Shoes

- Add Sparkle

- Top with a Tuxedo Jacket

- Pile on the Necklaces

- Layer Chunky Knits

Giovanna Battaglia Has A Newfound (and Temporary) Affinity for Uggs

Giovanna Battaglia has a penchant for high heels, kitten heels even, and the occasional chic flat, but for the past two nights, she's popped up in London wearing none of the. On her feet instead? A set of black Uggs!

Karl Lagerfeld to design a line for..

Macys! Macy's has confirmed reports that Karl Lagerfeld is designing a one-off capsule collection for the retailer, to be sold in 250 Macy's stores and online next September.

“Karl Lagerfeld a unique place in the world of fashion, an icon who is the ultimate modernist,” said Terry J. Lundgren, Macy's chairman, president and CEO. “Through the decades, his style and vision have marked the history of design. It is a tremendous honor to bring his inimitable perspective to our fashion customer.”

The designer, who recently said he was planning a "masstige" collection to be sold primarily online, is still looking into something in the lower-priced arena. That line, which is separate from the Macy's collection, is still in progress and expected to be introduced for Fall 2011.

Meet Martha's Latest Intern!

Meet Martha Stewart's newest intern: Zac Posen! Page-Six reported the designer bid $3,500 on a six-week stint at the do-it-yourself diva's company as part of an auction at the Martha Stewart Center for Living at Mount Sinai gala on Wednesday night. Posen announced his new job on twitter, writing, "I'm so happy that I won a 6 week internship with @marthastewart. Whatever will I learn?"

Look of the day

Jessica Alba looked drop-dead-gorgeous at the AMA's last night in a Cushnie et Ochs dress, Aandra Neen jewels, Christian Louboutin shoes, and a Aandra Neen bag. That necklace is to die for! Here is a closer look up.

Olivia Palermo Gets Her Own Show!

There was no way Olivia Palermo going to fade away into the background after the end of The City, she's just too stylish for that! Since the show ended, she's become the face of Mango, shot numerous fashion spreads and is now, according to Elle.com, getting her own show! The question on our mind is what direction the show is going to go in. Will she continue to pretend to work at a magazine and be the one everyone loves to hate, or will she be able to showcase her killer style and sweet personality? Whichever way it goes, we're definitely going to be tuning in.

Since Victoria's Secret $2 Million Bra Never Sells.....

Since Victoria's Secret's million dollar bra never sells, they've made a $250 consumer version this year. After last year's Victoria's Secret Show aired, it was reported that no one had ever purchased a Victoria's Secret Fantasy Bra. In fact, the company admitted that all of the past bras, the 2006 Hearts on Fire Diamond Fantasy Bra, worth $7 million, all been dismantled.

This year's upcoming show, which tapes Nov. 10 and airs Nov. 30, will feature Adriana Lima in a $2 million dollar bra (left) fashioned out of 142 carats of gems, including 60 carats of white diamonds and 82 carats of topazes and sapphires. And while no one may buy that specific bra, the brand has wisened up this year: they've made a $250 consumer version of this year's Fantasy Bra, which Candice Swanpoel wears (right) on the cover of the soon-to-be-sent-out Victoria's Secret Christmas Dreams and Fantasy catalogue. Instead of diamonds, the consumer version has crystals. After all, who would buy a $2 million bra????

How To Rock: Layers!

Wear Shorts with Tights
Cover your control-tops with a cute pair of shorts. Get inspired Jessica Alba (left) or Alexa Chung (right) and look for luxe fabrics—no-one will notice you're wearing Spanx!

Button On A Vest
Follow the lead of Elle Macpherson (left) or Blake Lively (right) and add a fitted waistcoat to a blouson dress or top. The extra piece will hug your upper body (and your curves!).

Pair a Cropped Jacket with a Long Top

Not so fond of your middle? A flowy top will glide over your waist, while a fitted jacket will keep the look tailored. Try a dark bolero a la Joy Bryant (left) or Selena Gomez (right).

Cinch your coat
Define your waistline while you're staying warm by belting a long jacket or sweater. Work a leather cincher like Mary-Kate Olsen (left) or a fabric sash like Kerry Washington (right).

Look of the day

Camilla Belle looked insanely stunning in a black Dolce & Gabbana Corset dress paired with a
Brian Atwood Marion Pumps. The shoe does'nt look very clear in the picture above, so here is a closer look up.

Philip Lim Holiday Lookbok 2010

Phillip Lim always brings out the best during the holidays, and his lookbook proves it. Our favorite pieces include velvet trousers, creamy silk tops, crusty sequin dresses, and the smooth satin finish and asymmetrical hemline on the dress, seen left. Check out the slideshow for 15 more hot holiday dressing ideas.