Christie’s to Auction Off Elizabeth Taylor’s Precious Gems: A date for the auction has not been confirmed, but expect a treasure trove of jewels that is said to be worth over $150 million. {People StyleWatch}

The Puffer Coat–From Sleeping Bag to Fab: We can’t wait to retire our puffer coats when this never ending winter ends, and this time, we’re retiring the bulky jacket for good. Next fall, expect to see the puffer coat in new, much cooler styles. {WWD, subscription required}

Not Everyone Loves Lively: According to Gatecrasher, an employee at Chanel USA is dishing that not everyone at the house is as enamored by Blake Lively as Karl Lagerfeld. The source says that many feel that the all-American starlet and face of Chanel’s Mademoiselle handbag line is “off-brand.” But obviously, what Karl says, goes. {NY Daily News Gatecrasher}

Miami Goes Gaga for a Fake Gaga: While the real Lady Gaga celebrated her 25th birthday in Vegas, an imposter ran around Miami, causing a stir among fans, sales associates and PR people. The faux Gaga made stops at “normal” stores like French Connection and Guess, prompting Guess’ PR Manager to send out a hurried press release announcing the singer’s presence. The spokesperson said that Gaga purchased the Lucy Lace Skirt–a mundane A-line skirt that clearly should have tipped people off that the lookalike was an imposter. {Page Six}