Sister site, FabsugarUK, reported on Queen Elizabeth's gifts to the fashion industry--Anya Hindmarch and Hilary Riva, chairman of the British Fashion Council, were among those honored...

Style Bubble entertains us with talk of sale shopping and New Year's Eve happenings--we can't wait to see her New Year's Eve look. 

Need some quick New Year's Eve outfit inspiration? Check out three looks O.M.O. Writes put together for her readers.

Want to pair your LBD with a great pair of heels? Shoeblog has a round up of this season's disco shoes. 

Today our friends at Racked spotted a pair of Nicholas Kirkwood-like heels in the window of the Giuseppe Zanotti shop. We have to say we think these heels are kind of tired. Even Kirkwood, the mastermind behind the pair we saw in Rodarte's Spring 09 show, was quoted in saying he was moving on from such heights. The truth is, very few women would actually brave such a heel or, considering the economy, dream of wearing something so noticeable. In reality, most fashion insiders are head to toe in black and most consumers are home saving money. We think this will hit home with designers this Fall 09. Props to Racked for spotting the shoe--turns out the shoe is a Spring 09 limited edition, available only in the Zanotti flagship stores. 

>> INSIDER WIRE —The modeling industry is known for its plethora of underage constituents, but one major fashion photography duo, Inez van Lamsweerde and Vinoodh Matadin, will only work with models over the age of 18.  As Inez explains it, before then, a model doesn't really who she is or what she's comfortable with. This could have something to do with their tendency toward nude photography, but the duo's current muse, Eniko Mihalik, is 20. [Jezebel]
*image: source

Spending New Years Eve at Studio 54 in 1978 kind of puts our plans to shame---WWD remembers the night Andre Leon Tally saved Diana Ross from falling on the dance floor. Love that guy. 

You might not be able to afford Marc Jacobs anymore but don't blame the little girl sitting across from you on the bus. Designer clothing for children--thanks to Phillip Lim Kids, Little Ella Moss, and Little Marc Jacobs--is a growing market indeed. 

Editors, buyers, and rich foreign women passing on the couture shows is like a smoker choosing a piece of cantaloupe over a cigarette. Healthy as it might be, it just doesn't seem right.

Prada "renovates" and proves to New York that the UES doesn't need all that Rem Koolhaus glitz and glam to sell handbags. Racked gets the inside shots.