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What's Hot

Fair fashion With companies such as American Apparel and Edun, Bono's new clothing line, fashion is working its way towards fair trade.

China We always knew it was the 'next big thing', but now the same can be said for its burgeoning fashion scene, which welcomes Vogue China and a Fashion Design Centre in Beijing later this year.

Fashion-conscious phones Anna Sui recently launched a mobile phone collection with Samsung and Vogue, while Nokia plans a service with Wallpaper magazine that will allow users to get the latest fashion news.

What's Not

Increased prices With the strong euro and weakened US dollar, we have to pay a lot more for fabulous handbags, shoes and clothes this season.