News Updates: There’s A New “Ista” Thanks To The Economy, eBay Protects The Elephants, And More…

1. The economic downturn has caused the fashionista to be replaced by the more budget-conscious, yet no less trendy, recessionista. She sounds eerily similar to the frugalista we showcased back in June. [NYTimes]

2. EBay has opted to put a ban on ivory sales on its site starting January 1. All the more reason to go faux and leave the real deal alone. [Stylelist]

3. The Olsen twins named Lauren Hutton as the face of their next ad campaign for their clothing line. The twins call Hutton their muse and inspiration. Maybe she'll make the cover of their next book. [VogueUK]

4. Purchase Feminista Rain Boots ($60) from DLL Rainwear and 15% of the purchase with go to The American Cancer Society to help fight breast cancer. [DLLRainwear]