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May 01 2009 04:00 PM ET

Get 20% Off Modern Vintage’s Star-Fave Sandal!

Rachel Bilson, Heidi Klum and Mischa Barton count Modern Vintage’s Fernanda Flat Gladiator as one of their summer favorite sandals. The reptile-embossed sandal features a trendy studded detail and an ankle cuff. Get 20% off the already reduced price for these summer must-haves by entering the code “MODVIN2″ at checkout when you buy them at DSW.com [DASH] which makes the originally $159 sandals a steal at $104. The code is good until May 31.

Click here for more exclusive deals only for PEOPLE.com readers!

May 01 2009 03:46 PM ET

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Mischa Barton Debuts Her Spring Headband Collection

Courtesy of Stacey Lapidus

Style icon Mischa Barton might be known for seamlessly shifting from retro-cool street style and red carpet elegance, but regardless of where she’s headed, Mischa tells PEOPLE.com, “Accessorizing is oddly my favorite part of dressing up.” It comes as no surprise then that the actress has been having fun developing her headband collection with designer Stacey Lapidus. Mischa says that she found inspiration for the hair accessories, which range from $50 to $200, in her jet set lifestyle. “I’ve been working in the likes of India, Milan, Paris, London, Montreal, L.A, and NYC,” she explains. “My style has been somewhat boho chic, which I think is a result of having traveled so extensively throughout the course of the past year.” And she’s about to get even busier! In addition to her headband line and a collection of handbags, Barton is waiting to hear whether her pilot for the CW, A Beautiful Life, will get picked up for a series this fall. “It was a blast to film and though I’ve only seen bits and pieces [of it], I’m proud of the show and hopeful that I’ll get to shoot some more,” she says. “Since I have an obvious passion for fashion, it was also incredible for me to be offered a role that’s immersed in the industry.” Check out Mischa’s collection, available now at staceylapidus.com. – Lisa Ingrassia

May 01 2009 02:57 PM ET

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Lily Allen’s Next Role: Chanel Handbag Model!

ANG/Fame

Chanel designer Karl Lagerfeld is as known for his signature white ponytail as he is for his innovative designs for the famous French fashion house. Oscar-winning actresses like Nicole Kidman and Keira Knightley have starred in Chanel’s sensual perfume ads, but when it comes to his celebrity pals he counts Mary- Kate and Ashley Olsen and Rihanna as his front row regulars. And his taste for quirky fashionistas is finally about cross over into print ads. A rep for Chanel confirms to PEOPLE.com that Karl has cast none other than Lily Allen as the star of his next handbag campaign! What made him pick the British pop star? “She’s fun,” WWD quotes Lagerfeld as saying. We can’t wait to see what these two have in store for the Chanel ads. Tell us: Are you excited to see Lily Allen star in Chanel’s handbag ads?

May 01 2009 12:56 PM ET

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Bar Refaeli Designs Her “Perfect” Little Black Bikini for Hurley

Hurley

After baring her famous bikini body in sexy ads for Hurley, Bar Refaeli is taking it one step further and designing the perfect little black bikini for the sportswear brand. “I am obsessed with finding the perfect little black bikini,” Bar says on Hurley.com. “[I am] always searching for a timeless, sexy suit with the best fit. I have never been able to find the perfect bikini, until now.” Even better than the suit’s enduring appeal is that a portion of proceeds from the bikini sales is going to Boarding For Breast Cancer, a non-profit, youth-focused education, awareness, and fundraising foundation whose mission is to increase awareness about breast cancer, the importance of early detection and the value of an active lifestyle. Get Bar’s Little Black Bikini and look sexy on the beach while doing good, $120, at hurley.com

May 01 2009 12:00 PM ET

Michelle Obama Steps Out in Lanvin Sneakers

There is no shortage of fabulous designer items in Michelle Obama’s closet — from Narciso Rodriguez to Azzedine Alaia, the First Lady has quickly established herself as a fashion plate. So, there’s no surprise that even her sneakers are fabulous! Mrs. Obama spoke at the Capitol Food Bank this week wearing Lanvin lilac leather sneakers with purple metallic toes and grey grosgrain ribbon laces. Buy a pair in pink, denim or white for $540 at Barneys.com.

May 01 2009 11:33 AM ET

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Kate, Jessica, Justin, Anne and More Rock Cartier’s 100th Anniversary Bash

Jamie McCarthy/WireImage

Banks may now be tight with loans, but let’s just say that Cartier didn’t hold back for their 100th Anniversary Celebration in America at the Cartier mansion on 5th Avenue to benefit Service Nation, which encourages volunteerism. Anne Hathaway, Kate Hudson, Jessica Biel, Demi Moore, Eva Mendes, Justin Timberlake and Rachel Weisz may have looked like a million dollars at the Cartier Mansion on last night, but collectively they had on nearly three times that amount in borrowed Cartier gemstones — and that’s not counting the bling of Sir Elton John (also in the house). Just Hudson’s diamond and onyx panther necklace alone would have set her back $905,000, not to mention her $230,000 diamond cocktail ring and diamond studs. Timberlake was a diamond stud himself, wearing an onyx and emerald panther tie pin and onyx and diamond cufflinks. “I made a joke to my stylist tonight,” said Hathaway, herself bedecked in over $500,000 worth of Cartier jewelry. “That if I lost [a piece] tonight, technically, it wouldn’t be like losing it, because, after all, I would be at Cartier. And he said [emphatically] . . . ‘No!’” Mendes concurred. “I’m very upset that I have to give back this panther ring in the morning.” But no, she wasn’t afraid of losing the ring worth $220,000. “No, they’ve got insurance for that, Love. It’s never happened, because when things are not mine, I take even more care of them.”