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Fashion may be down
Throughout 2008, the world of fashion alternately smiled and bared its teeth as the big luxury brands hired and abruptly axed contract designers with apparent equanimity.
It was also the year fashion lost one of its most celebrated leaders, Yves Saint Laurent.
Retail took a turn for the worse as the economy nosedived and stores rushed to unload luxury merchandise at unprecedented discounts. But fashion, unlike those industries pleading for bailouts, is a tough cookie. It may be down, but it's not out. Pantone 140848, a bright sunny yellow, "embodies hopefulness and reassurance in a climate of change," says the company. The colour commentators are surprisingly optimistic even as fashion designers offer early warnings that their fall collections will embrace what else? black.
The rumour mill was in overdrive in the final weeks of 2008 with hints that arguably the most powerful woman in fashion was preparing to step down from her lofty perch. After almost two decades a lifetime in this industry Anna Wintour, the esteemed editor of Vogue, may be moving on. Her bosses quickly quashed those rumours. But since readership at the magazine is down and two of Wintour's pet projects, Men's Vogue and Vogue Living magazines (the latter launched only a year ago), seem to be struggling, the time might be right to jump ship. Of course, the big guessing game has already begun about who would succeed her in what is undoubtedly the most coveted job in fashion.
In the LVMH stable of luxury brands, Paris fashion house Celine never really got up to speed compared to the conglomerate's thoroughbreds Dior and Louis Vuitton. The two powerhouse moneymakers rose to prominence under the creative guidance of star designers John Galliano and Marc Jacobs, respectively. Employing the same formula, a series of designers came and went quietly at Celine, never managing to make it a fashion darling. But this March, during the Paris shows, the name Celine will be on all fashionistas' lips as designer Phoebe Philo, above, comes out of retirement to take up design duties. Philo comes with impressive credentials. She was a designer at hip Paris label Chlo and was a favourite of the fashion media. If anyone can bring the dusty Celine into the modern age, it's Philo.
the world WELCOMES a NEW FASHION ICON
Since the death of Princess Diana, the fashion world has been searching for a truly global style icon. And they've found her in Michelle Obama. And the single most important outfit in 2009 will be what she wears to the inauguration of her husband as president of the United States on Jan. 20. Yes, the occasion will be historic on many levels, but you can bet the most heated discussion the next morning will be about The Gown.
She has millions of fans. She has a wardrobe to die for. She endured much criticism throughout the years, including some from the feminist front. She survived scandals such as the one surrounding the questionable sexuality of her longsuffering boyfriend. No, it's not Oprah. Barbie turns 50 in the new year and, still looking fabulous, will celebrate this milestone with a series of events, including her own fashion show at New York Fashion Week in February, with bigname designers creating her outfits.
Suspended hockey bad boy Sean Avery may have started a trend of celebrities wanting to work free, no less in the fashion industry. In 2008, the NHLer took part in a muchpublicized intern stint at Vogue. Now Kanye West has said he wants to intern at a fashion house. Look for him this year at either Louis Vuitton or Jil Sander. The hiphop artist says he wants some handson experience before launching his own line. Finally, a celebrity who admits he could learn something from the fashion biz.
The venerable Bay as a hot shopping destination? It could easily happen with new CEO Bonnie Brooks at the helm. Brooks is predicted to inject some excitement into the old retail institution. She's done it before. Brooks is famous for putting Holt Renfrew on the map and,[url=http://www.sport.fr/business/louisvuitton.html]louis vuitton femmes[/url], most recently, she turned the Hong Kongbased Lane Crawford stores into a major powerhouse in Asia. While the Bay is tightlipped about plans, one of the more curious rumours circulating please let it be true! is that it will be bringing famed British fashion store Topshop into the fold. If that happens, watch for a stampede to the Bay's doors.
GET READY FOR THE '80s AGAIN
The one fashion trend that looks set to take over '09 is the return of the '80s. With pop stars like Katy Perry and Lady GaGa channelling the early '80s, and Louis Vuitton reissuing the famed Stephen Sprouse collection this time in neon graffiti watch for the return of DayGlo colours, shoulder pads and looks reminiscent of Pat Benatar, early Madonna and the girlie charm of Molly Ringwald. Well, at least for the teenage set. What grownup wants to relive that era?
A peculiar character was capturing attention at the collections in Europe this past season. Let's face it: you have to be eyecatching to distract the jaded fashion media at these shows. It was none other than Bruno, the gay Austrian fashion journalist and alter ego of actor Sacha Baron Cohen, who was filming his next movie, the followup to his hugely funny Borat. We can't wait for the movie release, expected sometime this year. In 2009, fashion will get a chance to laugh at itself. Thanks, Bruno.

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