Oscar de la Renta unveils his pre-Fall 2010 collection, proving all things fantastical and ladylike will kick this year’s flirtation with grunge to the curb. [Fashion Wire Daily]

Indeed, Mrs. Obama looked splendid in mimosa yellow, but that hue is so 2009. Next year, it’s all about turquoise. Tommy Hilfiger warns us to mind our textiles — the color can look cheap on bad fabric. [Yahoo News]

And — in the spirit of 2010 — check out these £58.00 adorable turquoise sandals from Asos.com.

Claudia Schiffer is thinking of starting her own fashion line. Unlike fellow 90s star Kate Moss, the blonde is more focused on cashmere classics than channeling bohemia. [Styelist]

Lucky Mag has some adorable ideas for gifts under $10. And I’m kind of in love with this Charlotte Russe beret. [Lucky Mag]

Christopher Bailey wins the Designer of the Year award at the 2009 British Fashion Awards. [Vogue.com] which is timely since Burberry is set to launch in 2010 the only item of theirs I can afford right now — a sports fragrance. [Fab Sugar]

Puffy winter coats usually suck big time, but blogger Natalie Zee Drieu from Coquette finds cute ones — including a Tahari for $198 — that won’t make you look like a rectangle. The girl works miracles. [Coquette]

Alexander Wang is the new Marc Jacobs. There, I said it. [New York Times]