Get: Ready to shudder. Meggings (that’s leggings for men) are actually a new trend.

Know: Alexander Wang has been named the Creative Director of Balenciaga. Wonder if he and Kstew will become besties?

Meet: The original creator of “The Cosby Sweater,” without whom we wouldn’t have the best holiday event ever: the ugly sweater party. Thank you Koos van den Akker, we owe you one.

Congratulate: Gucci Creative Director Frida Giannini, who is expecting her first child with Gucci CEO Patrizio Di Marco. This is going to be one well-dressed kid (and yes, we’re jealous).

Tell us what you’re buzzing about this week or tweet us at @ruelala

December 3, 2012