Fashion news: Elizabeth’s jewels for sale, Prada cashes in and Rodarte spins

Christie’s is planning to auction off the late Elizabeth Taylor’s famous baubles⎯and we’re willing to bet those pieces will cost a pretty penny. [Styleite]

Jimmy Choo⎯the man behind the label⎯wants his namesake brand back… and he’s willing to cough up $800 million for it. [Fashionista]

Prada’s net worth for 2010 shot up an incredible 150%. Au revoir, recession, hello flatforms! [WWD]

Apparently Blake Lively’s turn as the face of Chanel is causing many a eye roll within the company. We’d almost feel bad for her – if this wasn’t rumored to be grounds for firing. Racked]

The master of steal-it-from-your-boyfriend chic, Alexander Wang, is launching his first full-fledged men’s line. [Style.com]

The super talented Rodarte sisters add DJ to their resume – if only for a moment. [Refinery 29]

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