The Clearance Rack cannot contain itself. All the big kids are having huge New Year’s sales right now, sweeping out their winter merchandise and trying to make up for those slow holiday weeks. Many of the discounts are online only. It’s the perfect time to swoop in and score something amazing.

And let’s just start here. TSI readers know that we love this season’s booties, and we worship Christian Louboutin. Barney’s New York must know this too, because they have his adorable lace-up suede Chaperon booties on the sale page ($399, were $995, right). They’ll go with anything, but look especially cute peeking out from a perfect pair of jeans. We’re (more…)

Jupiter must be aligning with Mars, or some other celestial event is taking place, because there are more celebrities than ever coming out with their own fashion lines, or stepping up to become spokespeople for fashion houses. Here are just a few of the latest:

Heroes star Hayden Panettiere is designing a second handbag for Dooney & Bourke. Not only is the actress their spokesmodel, but now she’s created the “Hayden Clutch”  (with a little help from Peter Dooney) that will be sold starting in December for $295, say the enterprising Off the Rack bloggers at People.com. The clutch (pictured above with Panettiere) features a lion’s head gold clasp because that’s Hayden’s astrological sign.

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