Fashion News and Shopping For Week of December 12, 2011

Versace revealed a sneak peek of its second cruise collection for H&M, the FabSugar editors dished their holiday gift-giving picks, the pre-Fall 2012 collections were a covet-worthy mix of luxe fabrics and jewel tones, and Winter street style hit an all-time cold weather cool. Yep, this week has been a busy whirlwind of fashionable unveilings, The Girl With a Dragon Tattoo red-carpet moments, and yet another editor $500 budget challenge. With the holiday spirit keeping our energy at full tilt, there's a lot of stylish ground to cover in between the present shopping and the party festivities. Click through to catch up on this week's chicest happenings!