If your only rule in fashion is that there are no rules, pick yourself up Cheap Date Guide to Style ($25) by Kira Jolliffe and Bay Garnett. Like the title says, it's meant to help you find your inherent natural style without going broke. Who can refuse that?

Various chapters guide you through developing your own sense of style, the art of accessorizing, and mixing cheap basics and chic secondhand finds. Actresses Mischa Barton, Rachel Weisz, and Chloe Sevigny are interviewed about their personal style for inspiration. Sounds like the perfect way to plump up your cheap date resume.

It's been while since I featured Fab favorite Diane, so I needed my fix — you don't mind do you?

At the Tod's Fall shopping party in the Hamptons, Diane looked Summer stylish in a Derek Lam black tiered dress, a carefree headband, and a Tod's python clutch. Iced tea in hand, Diane looked the best at the event, but you don't even want to know how much her Lam dress was. And no need, I found a cheaper alternative with just the same amount of hippie chic and some equally fun accessories. We love you Diane!

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Amanda looked just right in an off-kilter Thakoon dress to celebrate her cover on Gotham magazine. Her black-patent shoes with a baby tie are adorable and her woven clutch provides further depth. She let the dress shine with minimal jewelry, but played with her makeup colors and messy hair. Congrats cover girl!

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British brand Aquascutum will be expanding its territory into the the US come Fall. The company is set to launch a line of separates named the London collection at Saks Fifth Avenue locations in August. Meanwhile, Bergdorf Goodman will carry Aquascutum's vintage collection of coats.

“I think there is a huge desire from the American consumer for us, so it’s a very good time for us to be going in,” said president and chief executive officer at Aquascutum, Kim Winser.

The Aquascutum London line will feature blouses, wool skirts, and silk graphic dresses with pricing around $780. The vintage collection will include designs inspired by Aquascutum’s archives, such as a hot pink wool swing coat priced at $3,940. Steep, but fabulous I'm sure . . .

If you thought my closet was fabulous, wait till you take a tour of Teen Vogue's Fashion Closet. It's the size of six of mine combined! Fashion Assistant James Worthington is in charge of managing the closet, which stores a high-heel heaven, sneakers, sunglasses, hats, handbags, shirts, and jewels. The interns make sure clothes are organized, and received and returned in a timely manner. Take a 360-degree tour to see where the gorgeous Teen Vogue ensembles are pulled from and to draw inspiration for your closet.

Alexander Wang is clearly on the up and up. If you dig his cool, disheleved vibe, listen up. Wang is adding shoes and a diffusion line to his Spring line up. The San Francisco native, who has always cited Kate Moss as muse, also recently upgraded his design studio in NYC. Furthermore, Wang hired a new stylist, to fill in for model and bff Erin Wasson.

“[Fall] was the season where people really recognized us,” said Wang. “We’re under a microscope now. We have to watch our moves and make sure everything we do is right.”

Come Spring 2009, a diffusion line will present cotton basics, like tanks, tees and tee shirt dresses, at $28-$40 wholesale, in everyday colors black, white and gray. But they won't be too basic. “Necklines are stretched and armholes are strategically lowered so that it looks worn in,” he explains. On the other hand, his footwear promises to be fierce. There will be five styles, all different takes on the platform sandal. The shoes will compliment his up-and-coming Spring collection which he hinted will be very colorful, focus on separates and have a slight Miami Vice vibe. Cool.

To see some fun pictures of Wang in his new and improved studio and to see the beginnings of his diffusion line, read more