1. Rumors that President-elect Obama intends to purchase a $30,000 rhodium ring for his wife have grown increasingly suspect. We'd hope style-savvy Michelle would never okay something so garish. [Gawker]
2. Christian Siriano is set to design a line of shoes and handbags for Payless. Thankfully, they won't be nearly as expensive as his Bluefly collection. [PeopleStyleWatch]
3. Designer discount retailer Century 21 is now offering mobile alerts for each of its departments. Unfortunately there's no ecommerce, so stick to our Deals of the Day for steep discounts without leaving home. [Racked]
4. Shop designs for Count Me In and support women entrepreneurs. Pick up lavender lotion from Bath-a-holic or a clutch from Faite Designs.

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