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, but 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, but you don’t have to wait that long to pick up a few style tips from this trendsetter. We’ve rounded up her nine go-to wardrobe pieces so that you can snag her enviably cool vibe now. Click through the gallery below for all her style must-haves!

Midnight Express: Fashion is coming over all black and blue

Move over black and white, there’s a new colour combination shifting into gear and it flies in the face of outdated advice ruling against it. Effortless, elegant, and totally in tune with fashion’s current mood of sophistication, black and navy is the new match made in heaven.

Lagerfeld suggests his successor at Chanel

Creative director Karl Lagerfeld hasn’t made plans to farewell the Chanel fashion house just yet, but he has his eye on a successor when the time arises.

"I have a contract for life so it all depends on who I would like to hand it to," Lagerfeld told Numero magazine. "At the moment I'd say Haider Ackermann."

Ackermann, who was last year tipped as Martin Margiela's successor at the Maison, was invited to Chanel's latest show in Paris by Lagerfeld - and is understandably overwhelmed to be named as a possible Chanel helmer by Lagerfeld.

"What can one possibly say to such a phrase?!" Ackermann told WWD. "Such a compliment! Honoured I feel, how can one not be?! In all honesty tremendously, immensely touched especially coming from Monsieur Lagerfeld."

Olivia Palermo’s Awkward Mango Photoshoot

Proving that the cancellation of The City won’t keep this socialite out of the limelight, Olivia Palermo has featured in the recent campaign for Mango with her man-friend Johannes Huebl and we can’t exactly say we’re in love with the results. Whilst its undeniable that Olivia is drop dead gorgeous in reality, she seems far too done up and artificial in this shoot to the point that we didn’t recognise her at first glance.

It’s interesting to point out that these two were undoubtably chosen to do this shoot together because being a couple there should be chemistry right? But there is an obvious lack of chemistry and an awkwardness that just doesn’t do anything for me. I think two complete strangers would have been able to convey more romance and sexual appeal than these two. Nevertheless, I still think Olivia has model quality (and it’s obvious that her love interest does as well) but this shoot doesn't convey that at all.

Trend Report: The Urban Turban, Tribal Prints, Leather Shorts, Maxi Dress

Tom Ford New Collection Finally Leaked After 6 Years of Anticipation

A preview of Tom Ford’s highly anticipated womenswear line has been unveiled on the internet, revealing a return to the decadence and luxury styling Mr Ford (as he prefers to be called) is known for.

Modeled by muses Karen Elson, Abbey Lee Kershaw, Caroyln Muphy, Stella Tennant, Amber Valletta, and more on September 12 in Paris, Ford’s new collection is reportedly “worth the six year wait”. However, he has deliberately kept the majority of his latest range firmly under wraps, telling us, “I do not understand everyone’s need to see everything online the day after a show. I don’t think it ultimately serves the customer, which is the whole point of my business – not to serve journalists or the fashion system. To put something out that’s going to be in a store in six months, and to see it on a starlet, ranked in US magazine next week? My customer doesn’t want to wear the same thing she saw on a starlet!”

With Ford confessing that he couldn’t bear the thought of driving past a store with his name on it and hating everything in it because he’d lost control, his reluctance to release the images from the collection may stem from the fact that “his greatest fear is having his own label”.

Getting Hotter: Vogue loves...

Henry Holland teams up with LeSpecs

Think of it as a fashion exchange program. Only months after LeSpecs sunglasses hit UK stores, with a capsule collection landing at Topshop, British designer Henry Holland is going to design a collection for the Australian label.

The range will not be available until next year but Holland will be in Sydney this week to gain inspiration for a series of meet and greets with local media.

Holland gained fame with his label House of Holland, producing eighties inspired T-shirts, and through his friendship with supermodel Agyness Deyn. The recent House of Holland collection demonstrated a shift toward floral prints, bold metallics and fringing.

Some of the best dressed women this week