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A model presents a creation as part of Versace Spring/Summer 2010 women's collection during Milan Fashion Week September 25, 2009.

A new fashion magazine built on daydreams, fantasy and fairy-tales in an unashamed flirtation with teenaged girls has become this season's "must read" at London Fashion Week.

Even the world's mega-rich are feeling the effects of the worst recession in seven decades.

"ObamaVision" -- the term coined by the media to sum up President Barack Obama's pledge to bring hope and change to America -- was on Wednesday deemed the most influential English word from television in 2009.
The San Francisco Museum of Modern Art will exhibit a large collection of important 20th century art amassed by the founders of the Gap apparel chain including pieces by Warhol, Lichtenstein and de Kooning.

A model displays a creation as part of D&G Spring/Summer 2010 women's collection in Milan September 24, 2009.

Marelisa Gibson, a 20-year-old brunette, has been crowned Miss Venezuela and will represent the beauty-obsessed South American country at next year's Miss Universe pageant.

A model presents a creation from Burberry Prorsum 2010 Spring/Summer collection during London Fashion Week, September 22, 2009.

Tom Ford International, the luxury line from the former creative head of Gucci, is seeking funding to expand into women's apparel, according to a report from Thomson Reuters' private equity website peHUB.

Fuchsia, orange, green and other strong colors brightened the collections at London Fashion Week by designers striving to make fashion fun again for women whose mood has been soured by the recession.
Mariah Carey’s erratic behavior bar is set high.