On Sunday, Oprah Winfrey aired her annual Favorite Things list on her cable channel OWN. This year, the media mogul's top picks included Tom Ford lipstick (agreed!), Macy's hotel bedding and Michael Kors high tops. In the past, a place on Oprah's Favorite Things could make or break a product. But when Oprah's daytime talkshow show ended—and her incredible cultural influence started to wane—can making the 'list' still pay off in the same way?

Fashion has been notoriously slow to take to the online world (particularly on the editorial side), but some brands are really getting it right. A smart digital strategy can translate to brand awareness, and ultimately, lots of sales. L2‘s Digital IQ Index took this concept to the next level and released its third annual report card assessing brands’ “digital IQ.” The ratings they give range from Genius to Feeble. Digital strategy is often uneven, and this can hurt a brand. Per the report: "Although 94 percent of brands in the Index have a presence on Facebook, one in five brands still lacks e-commerce capability." How annoying is it to try to buy something online, only to discover you actually have to leave your home? That kind of thing really matters to consumers these days. So who’s excelling online and who needs a lot of help? Here’s the top ten list:

Jacob the Jeweler is suing Courtney Love: Celebrities failing to return borrowed goods to designers is a pretty common occurrence, but rarely are those celebrities sued. Granted, it probably isn't usually $114,000 worth of jewelry. Love's excuse? She lost 'em. {Huffington Post} Karl's Calendar: Another fashion-y calendar will soon be released for 2011. It was shot by Karl Lagerfeld and stars Isabeli Fontana, Heidi Mount, Natasha Poly and others. One photo leaked from the Greek and Roman mythology-inspired shoot and it appears to be clothing optional. {Fashionologie} Oprah Books a Model: Lea T., transgendered model and muse to Givenchy's Riccardo Tisci, is scheduled to film a segment on Oprah to air in February. We're not sure what the segment is about, but we'll be setting our DVRs. {Elle.com}

We can't believe Fashion's Night Out (and, thus, fashion week) is only a week away. As anyone who has ever been to a Fashion's Night Out is probably aware, they pack enough events to fill an entire week into just a few hours, so pre-FNO planning is key. While Vogue's interactive map is quite handy, that is still a lot of stores to go through. So, we're preparing a few of our own Fashion's Night Out guides. This one is for those of you who just want to see some famous people. We don't blame you! Fashion's Night Out offers rare opportunities to get up close and personal with real Hollywood stars. Maybe Tilda Swinton and Ne-Yo will become friends or Daniel Radcliffe will get wasted or Alexa Chung will debut a new haircut or Seth Meyers will screw up your drink or the Real Housewives of New York will be insane (that last one is the most likely)! Here's our guide to where all your favorite celebs will be.