We've been sitting here in shock after hearing that investors Club 21 have walked away from it's financing agreement with Luella, causing the designer brand to cease trading.

According to WWD, in a joint statement, VSQ Limited, the subsidiary of Club 21, said it had reluctantly "taken the decision not to invest further in its relationship with Luella Bartley Limited."

There's been a string of bad luck for the fashion designer, who has a large fan base including Alexa Chung, Kate Moss and Lily Allen. Last month Luella's key ready-to-wear producer was hit by the recession and the factory closed unexpectedly.

However, it's not a final curtain call just yet, Luella has hinted that there may be knight in shining fashion armour. "We have a number of options open to us, and are considering these over the coming months," she said. We'll be waiting.

Seventies and hippy style chicks will be as excited as we are to hear that legendary fashion designer Zandra Rhodes has launched another collection for Marks and Spencer.

The seventies style creator has returned to the highstreet store for another season after the success of her first collection and we predict this range, which includes batwing tops, revamped 21st century jumpsuits and velvet and suede fabrics, will do just as well.

We'll see you at the checkouts.

As you might already know, we're huge fans of Hello Kitty here at ShinyStyle, but there are just some lines that shouldn't be crossed when it comes to our favourite furball. We're not sure if you'll agree but we think Lady GaGa may have just crossed it.

The popstar, known for her funky and off the wall style, teamed up with photographers Markus Klinko and Indrani and donned a range of unique outfits to celebrate Hello Kitty's 35th Birthday

Of the many, this included a jewel-embellished shell bra and fishnet tights with a Hello Pussy purse slung around her waist. She can also be seen with a giant red Hello Kitty bow against a gold backdrop. Hmm, don't swap your career in singing for one in styling Lady GaGa.

If you've been feeling left out at not having any invites for the numerous catwalk shows in Fashion week then get onto Facebook.

Louis Vuitton has just announced that its women's Spring/Summer 2010 Ready to Wear Show will appear Live on the social networking site, giving you a chance to be one of the first to have a look at the latest collection.

The company will broadcast the show on October 7, 2009 at 2:30pm Paris time (that's 1.30 GMT).

Current and future fans of the Louis Vuitton Facebook page will be able to watch the latest Marc Jacobs creations for Louis Vuitton streamed live from Paris Fashion Week.

You will also be given the opportunity to comment on the event live from your Facebook status. However, it won't hang around long; following the show the video will only be available for 24, much like Louis Vuitton's handbags really.

I've always liked Tom Ford's designs even before he became a really well known designer for Gucci.

And I still credit him for bringing back the Halston-style velvet hipsters, skinny satin shirts and car-finish metallic patent boots, which he designed when he was at the fashion house.

I'm sure many of you were as gutted as me when he left to begin his own line, especially as so far he hasn't been designing any women's clothing.

Yes accessories and fragrances are all very nice but what we really want is a little bit of clothing injected with Mr Ford's creative mind. Well we may have got our wish because it's been rumoured that the designer is now looking for investment so he can expand into womenswear.

Now if I would be happy to help here but I don't think a couple of fivers and a stack of coppers from my money box would quite be enough for what he is looking for. Let's just hope someone sees his talent and gives him the investment he deserves so he can design the clothes we want.

We'll keep you updated of any changes.

Picture the scene, you're all snuggled up in your casual tracksuit bottoms with no make up on and a photographer turns up at your door for an impromptu photoshoot.

Now I'm not sure about you but I'd panic and find the nearest window to escape from.

Thankfully not all of us are so vain because when Gio Goi owner Anthony Donelly turned up at Lily Allen's fathers home the duo set up an impromptu photoshoot.

Using the house and surrounding countryside as locations for the shoot Lily posed in a range of clothing. We're sure you'll agree the last minute notice has created an amazingly relaxed range of photos and some also reportedly featured Lily clutching a pint in her hand.

I'm not sure about you, but I think Angelina's looking amazing at the moment, and if it wasn't for my major crush on Brad, then I'd say he should stick with her, but well, all's fair in love and war and all that.

So imagine my delight when I got a look at Full Circle's new Autumn/Winter range, which features a dress, not so different from the one from the Michael Kors dress Angelina wore to accompany Mr Pitt to the Inglorious Basterds premier. Oh and it's also quite similar to the one his ex Jennifer wore on the front cover of Vogue.

Now we said similar, not the same, as this stunning dress has sleeves as opposed to the strapless look both women went for.

However, the material and straight cut style are a pretty close match.

As well as the Brad stealing dress the company has also teamed up with accessory Lou Dalton.

The designer, who previously worked with Tommy Hilfiger and Ted Baker has created a range of bags in moc croc, faux fur patchwork and leathers to bring a retro, vintage fashion feel to the collection.

Now I'm not sure about you, but I'm buying that dress quickly and heading, to LA.

With internet fashion becoming so popular, it seems online fashion stores are launching faster than you can say Chanel.

However, we've completely fallen in love with this new internet shopping heaven, that popped onto web yesterday.

The Stellar Boutique is bursting full of one-off gems and includes, vintage, retro and high fashion pieces and includes designs from up and coming creators including Sugarhill Boutique (we love the butterfly dress, pictured) Lia Lee and Dahlia.

But it's not just clothes, oh no, this site offers everything apart from the kitchen sink. Get your hands on home ware, accessories such as sun glasses, and menswear (perfect if you need to sweeten him up when he sees all your purchases.)

Now we love handbags, pink, silver, black you name it we want it. So imagine our delight when we heard about this, which we (grudgingly) thought we'd share with you.

If you haven't been lucky enough to get your hands on one of the exclusive eel skin bags and purses from London designer Heidi Mottram - now is your chance.

Heidi will be selling her end of lines, excess stock, seconds and samples at huge discounts at Sunday UpMarket in the Old Truman Brewery every Sunday in September.

Now we plan to be camping out from the night before but for everyone else the sale starts at ten , and yes we are trained in the art of handbag sale fighting (think the Friends episode with the discount bridal wear.)

Now I know I should stay away from tights and brightly coloured ones at that, after my past fashion faux pas, which I admitted to you last week.

However, this week, we couldn't resist telling you about Pixie Geldof's new fashion look, bought on by flamboyan designer Henry Holland.

The up and coming fashion fellow has designed a collection of hosiery for Pretty Polly, which launched this week at Selfridges. And celebs, including Pixi Geldof and Agyness deyn are already covering their pins in his designs made from sheer and opaque fabrics.

These include his trademark purple, with a cream rhinestone-encrusted band around the thigh and mid calf, and a style he's christened the "moc stock" which looks like a pair of stockings but is in fact a far more practical pair of tights.

The tights are a leg hugging £10 per pair. They are available from Selfridges now and nationwide from September.

However, for those that can't get to the store or can't wait that long we've put together a range of other alternatives, after all we can't deny any longer that the tights season will be soon upon us, and dusting out last season's ones might bring a few shocks.

Pictured L-R above: Ohne Titel, Alabama Chanin and Gary Graham.

This year's CFDA/Vogue Fashion Fund finalists have been announced. They include designers from eco-friendly backgrounds to womenswear and menswear labels. They are Natalie Chanin of Alabama Chanin, Flora Gill and Alexa Adams of Ohne Titel, Patrik Ervell, Sophie Theallet, Waris Ahluwalia of House of Waris, Wayne Lee of Wayne, George Esquivel of Esquivel Shoes, Gary Graham, Monique Péan, and Simon Spurr of Spurr.

"We had very strong applicant pool this year, particularly among the jewelers," said Anna Wintour.

The winner and two runners-up will be revealed at a ceremony on November 16. Previous recipients include last year's winner Alexander Wang and Proenza Schouler.

Following the internet leak of the Anna Sui for Target lookbook last month, Target execs have been quick to backpedal on any suggestion that the range has been inspired by Gossip Girl.

"One of Target's top executives got nervous about being that closely associated with the show, given the [debauchery] its characters get into," a source told the New York Daily News.