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The Best Shops in Chicago for Summer 2012; Suspicions on Oak Street; Chanel's New Shop in Neiman Marcus

And now the latest from Racked Chicago, covering everything you need to know about the city's shopping, style, and retail from the sidewalks up.

EVERYWHERE - Each quarter we take a step back to re-assess the shopping scene here in the thriving metropolis of Chicago and come up with a list of the 38 Most Essential Shopping Experiences for the season, The Racked 38.

GOLD COAST - The more we walk, talk and shop along Rush and Oak, we hear rumors of what shops are most likely to occupy the Esquire Theater. We've put our own suspicions on the back burner to make a voting poll and ask our readers which international luxury brands are most likely to sign a lease in the building. So far, Louboutin and Paul Smith are in the lead followed by Miu Miu and YSL.

RIVER NORTH - Racked 38 Member, Sarca has just turned us onto a new feature of vintage-meets-modern jewelry line, Damen+Division's website. The brand just launched a design your own vintage earring bar on their website - and it works phenomenally.

WICKER PARK - We've been waiting to hear the mystery location of the Chicago Lomography Gallery and Store- and this week we finally got it.

GOLD COAST - Neiman Marcus' in-store Chanel handbag shop is about to open next Wednesday with a very Chanel design.