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Chic Clicks: Ashley Madekwe Spills Style Secrets, Alexander Wang to Balenciaga Confirmed

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Jason LaVeris/FilmMagic

PEOPLE’s breakout style star of the year and Revenge actress Ashley Madekwe reveals her favorite shopping spots, designers, makeup must-haves and red carpet moments [FASHTrack]

It’s finally official: Alexander Wang has been named Balenciaga’s new creative director [WWD]

Mary-Kate and Ashley Olsen designed a $55,000 — yes, $55,000 — backpack as part of a collaboration with artist Damien Hirst [MTV Style]

–Neiman Marcus is quickly selling out of its Target collection, but Target is still stocked with the line [Racked]

–Stand Up to Cancer is encouraging people to wear their ugliest holiday sweaters to help raise funds for cancer research [SU2C]