Our fave celebs are wearing our fave look this season — plaid! It's NOT expensive; it's easy to find; easy to wear and gloriously cazh! So check out our massive gallery of the hottest stars in the hottest trend…

Beyonce and her mother, Tina Knowles , are launching a new junior label, Sasha Fierce for Deréon, to capitalize on back-to-school fashion. The collection, which is inspired by Beyowulf’s alter ego, includes a full range of sportswear, outerwear, handbags, footwear, eyewear, lingerie and jewelry. $$$$$$$$$$$$$$! Some items include a one-shoulder dress, black bodysuit, fake leather jacket with oversize collar, leggings and destructed jeans with mesh and lace details lining the ripped material. A black body suit and leather jacket with oversize collar for school? ! Tina said the new line is “edgier and trendier and reflects Sasha Fierce’s daring and outgoing attitude.” Plus, it will be available at Macy’s and Dillard’s! What’s edgier than that?! [ Image via WENN .]

Still saving up for the new Kanye West for Louis Vuitton sneaks? Never fear, you still have a few more months to earn some extra $$$! ‘Nye’s $700+ kicks were supposed to be released by the fashion house in Spring 2009, but rumors are swirling around the fashion community that the pricey sneakers won’t be hitting shelves until late ‘09! Bummer! [ Image via Amaury Choay for La MJC .]

You know how you’ve thought it’s not fair that filthy rich celebrities still receive free thousand dollar gift bags and are glammed up at the expense of everyone else? Well, the economy is finally reaching this untouchable clientele! The 2010 Met Costume Institute Gala has put it all out there. Really, really out there. Insiders to the famed event have confessed to hitting rock bottom and inviting a whole bunch of no-namers to fill the seats - for a hefty price - instead of who everyone really wants to see. According to New York magazine, a few fashion houses were too broke to pay for both the tables and the fabulous guests to fill them. World famous designers may be shunned for a mere peasant who is willing to throw away enough money for a full price ticket. Now what does the ticket price even include if you can’t see Lagerfeld walk down the red carpet? [ Images via WENN .]

If she’s not breaking up with saMAN, she’s breaking up designers with their label! Lindsay Lohan sparks another fire, but not in her pants, as Paris and Brandon would have loved to point out. Esteban Cortazar, head designer of Emanuel Ungaro since late 2007, recently feuded with label execs over the on-again/off-again redhead. LiLo was among the celebrities considered to front the brand and Cortazar, along with we’re sure a large portion of the world, did not agree. This marketing strategy caused a brief riff between Cortazar and the label. However…. “For now I am here,” he was quoted saying this week. Confident, eh? Currently, the head designer is working on a pre-collection for the spring line and is staying out of Lohan’s pants. Friecrotch can be hazardous to your health - and career!

CLICK HERE to order your ” Team Jon ” and ” Team K8 ” t-shirts! CLICK HERE to order your ” Team Jon ” and ” Team K8 ” t-shirts! CLICK HERE to order your ” Team Jon ” and ” Team K8 ” t-shirts! CLICK HERE to order your ” Team Jon ” and ” Team K8 ” t-shirts! CLICK HERE to order your ” Team Jon ” and ” Team K8 ” t-shirts! What team are YOU on?

The Transformers promotional parade has finally made it’s way to El Lay, and we couldn’t wait to see what hottie Megan Fox was going to wear for the occasion. If we had known she was going to wear THAT, we wouldn’t have gotten our hopes up! It’s a decent dress, but after looking at it for a moment, we suddenly have the urge to yell “TOGA! TOGA!” and ask where the keg is. Plus, who the hell is in charge of her hair? It’s called hairspray stylists. It’s meant to prevent that frizzy mess atop her pretty head. So we’re disappointed. She had some knock-out outfits on the red carpets overseas, but the most glamorous thing about this ensemble is the tattoo of Marylin Monroe on her arm. Not your best, Foxy. [ Image via WENN .]

It’s Jacob Black and Perez!!!!!!!!!!!! Dressed in our gay superhero attire, we attended the 2009 MuchMusic Video Awards on Sunday - our fourth year in a row attending the big event! Perez is part of the MuchMusic extended family, appearing weekly via Skype on MuchOnDemand, and we can’t thank them enough for their love and support all these years, and for their love and support after the ceremony as well. We got to do a skit with the Jonas Brothers - so cool! And, we got to meet Taylor Lautner - super dooper cool! Plus, our beloved GaGaloo set the stage ablaze - literally - and delivered the most talked about performance in recent MMVA history! In addition to expressing our gratitude to MuchMusic, we’d like to thank…. - Matt Williams of Haus Of GaGa for the styling - Dana Dynamite for the Ben Sherman jacket - Lady GaGa for our custom-made NO Pants - Kanye West for his Yeezy Nike sneakers - Samantha Pickard of Strut Entertainment for arranging the grooming - Greg May from the Greg May Salon for the hair - Jessica Lloyd for the makeup And thanks to our Perezcious readers for their continued support all these years as well! xoxo

With little Mercy James now in London , the entire Madonna clan is in town to welcome her with open arms. And, earlier today, Madge’s eldest daughter Lourdes , was spotted with a friend and an assistant in London. The three were getting into a cab off to run some errands. But we can’t believe how much Lourdes has grown. The 12-year-old looks like she’s already in high school. And she’s definitely got her own fashion sense going on. Like mother, like daughter! [ Image via Matrix Photos .]

Mickey Rourke got so hot at a performance of Guys and Dolls that his shirt melted right off of him! Seriously though, he looks a little roasted, doesn’t he? Here’s Mickey working his best Brooke Hogan meets There Will Be Blood meets Hollywood strip crackerjack! [ Image by Adrian Varnedoe via Pacific Coast News Online .]