1. NYC retailer Searle has filed for Chapter 11. Bad news for them, but good news for anyone who wants to score 80% off designer goods on their site. [ShoppingBlog]
2. Should UGGs be the next casualty of the economic collapse? Although some are not so keen on this comfy winter footwear, die-hard fans can check out our UGG Guide for where to find the latest styles. [Jezebel]
3. Sass & Bide has dropped out of the seemingly doomed Fashion Week. The duo claims it's because one of the designers is preggers, but we're sure the economy is at least partially to blame. [Fashionista]
4. Just when we thought it couldn't get any worse, Real Housewife Sheree Whitfield has announced she will bring her collection from Atlanta to show in the tents. Forget Vera Wang, She by Sheree has arrived. [PageSix]

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