Style Notes: Alexander Wang Launches Jewelry; Chanel Pays Record Price for Rodeo Drive Storefront

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Alexander Wang

Fashion news to fuel your hump day happy hour.

Alexander Wang continues to build his empire by branching out into the jewelry business. The designs, which first debuted at his spring 2016 show, are in line with the his street-inspired aesthetic and use such materials as padlocks and chain links. Pieces range from $295 to $525 and will be available at Alexander Wang stores later this month before expanding to other retailers in the spring. [WWD]

Chanel has paid a record-breaking price to purchase its Rodeo Drive storefront. The French fashion house put down $152 million for the 11,500 square-foot space that it had been leasing, crushing the previous record set by Louis Vuitton when it purchased its retail space for $85 million. The high price reflects the economy's recent rebound as well as the super-competitive fight for retail space on the world-famous shopping block. [L.A. Times]

Read more Our 10 Favorite Looks at THR's Women in Entertainment Breakfast

In an effort to raise some positive PR, Lane Bryant hosted a Twitter Q&A on Tuesday afternoon — but the stunt kind of backfired. The plus-sized retailer received some sincere questions and criticism, as well as a whole lot of sarcastic and angry responses regarding the retailer's "real women" terminology, their 6-foot tall models and their seemingly contradictory push to sell Spanx. The company promised to take all concerns in to consideration. [Yahoo Style]

Dior, who parted ways with Raf Simons in October, plans to enjoy the single life for a little while longer. The company has not yet announced a replacement for Simons, and revealed that the existing in-house design team will create the spring 2016 couture collection as well as the fall 2016 ready-to-wear line. [WWD