If this morning’s story on Mischa Barton’s new headband range for Stacey Lapidus ranked exceptionally low on your radar, here’s one that might round up your fashion diet a little better:

Andrea Lieberman, the stylist celebrities like Gwen Stefani and Gwyneth Paltrow can thank for their fashion cred, is set to design her own first line, A.L.C.

No word on exactly when the line hits stores, but Andrea says you can expect a line full of a “girl’s favorite things”, and that she considers the $500 mark “investment” territory, unlike just about every other high-end designer of today.

So hooray for an actual fashion person announcing a new line, and for understanding the economy, too.