As detailed in this Storque articles, some small changes have been made to the Etsy header:

* The link for Alchemy, the space on Etsy where buyers can post requests for custom items, has been changed to ‘Custom’ to make it clearer to potential buyers that they can request custom items. The feature is still named Alchemy; we’ve just changed the word on the navigation link to more clearly describe the function of the feature.
* Links for ‘Login’ and ‘Logout’ have been changed to ‘Sign In’ and ‘Sign Out.’
* The link for Invite a Friend, formerly on the upper right, has been removed. You can still get there through the Referrals page inside Your Etsy.
* And most importantly, when you’re signed in to Etsy, a link to your Favorites appears next to your Cart on the upper left.

See the complete article here and the companion forum thread here.