Forbes Names Most Influential Trendsetters under 30

A host of fashion designers, including Mary-Kate and Ashley Olsen and Alexander Wang, are name-checked in the title's annual list of the under 30s impatient to change the world.

Ashley and twin sister Mary Kate Olsen of label The Row Photo: AP

A host of fashion designers, including Mary-Kate and Ashley Olsen and Alexander Wang, are name-checked in the title's annual list of the under 30s impatient to change the world.

You might never heard of Carly Cushnie or Sophia Amoruso, but according to business magazine Forbes , these style setters are brightest talents of their generation.

London-born Cushnie, 28, has been dressing America's First Lady Michelle Obama in her Cushnie et Ochs label while Nasty Gal founder Sophia Amoruso's worth has been estimated at $250 million thanks to the directional but affordable website she founded six years ago.

Also listed in the 'Art & Style' category are designers Joseph Altuzarra (a rising star at New York Fashion Week); Sally LaPointe (beloved of Lady Gaga) and Brazilian Pedro Lourenço, who is just 22 years old and first showed at Paris Fashion Week aged 19.

Household names Ashley and Mary-Kate Olsen - the child TV stars who head up several fashion ventures including The Row and Elizabeth & James - also feature, as does Alexander Wang, who was recently confirmed as the new creative director of Balenciaga.

24-year-old Leandra Medine has proved that a computer and a sense of humour can impact on millions: her blog Man Repeller, which puts clothes the opposite sex can't fathom in the spotlight, has earned her site over 2.6 million page views a month.

Kim Kardashian battling a Holiday Weight Gain

Kim paid a visit to the gym on Thursday as she has been battling a bit of a holiday weight gain. 

The reality TV star, who told fans on Twitter she was 'finally' having a day off work, spent her spare time training at an LA fitness centre.

The star, whose weight has fluctuated over the years, recently recruited Gwyneth Paltrow‘s trainer, Tracy Anderson, in a bid to keep her curves in check.

Also, for Kim Kardashian, one visit to the salon in a week isn't enough. Just one day after getting her tresses done, the curvaceous reality star had a busy Friday morning, visiting two more hair salons in Beverly Hills on Friday. The 32-year-old covered up her famous curves with a tan trench coat wrapped loosely over a black mini dress and a black quilted Chanel bag to match.

Kim arrived at the salon with her hair wet and wild and emerged from the salon with her long black hair blown straight.

Wearing high heeled black leather booties, Kim managed to juggle her phone and a large cup as she successfully strode out of the Beverly Hills salon, unlike her trip on Thursday.

The Keeping Up With The Kardashian's star's penchant for stilettos caused her to lose her footing as she visited another stylist in West Hollywood just the day before, falling not just once but twice on her outing.

Victoria Beckham to launch e-commerce site

Former Spice Girl Victoria Beckham will launch a brand new website in spring 2013 which has been "in the making for a very long time".

Victoria Beckham after one of her catwalk shows Photo: Getty

Not one to be outdone, even by her own flesh and blood , Victoria Beckham has today announced that she is set to launch a fully transactional e-commerce website next spring.

Victoriabeckham.com promises to offer "unprecedented access to the designer's ideas and creative process", as well as personal edits by Beckham and unrivalled customer service.

The site will sell the former Spice Girl's accessories, eyewear, denim and her main collection's sister label Victoria, Victoria Beckham.

Kate Middleton Diamond Earring... NOT REAL!!

As sales of her imitation jewellery range soar, Belinda Hadden is the latest to profit from 'The Kate Effect.'

While you might raise a glass to your son's graduation or the birth of a first grandchild, you'd be forgiven for splashing out on a vast crate of Moet if the Duchess of Cambridge endorsed your jewellery business.

Like every belt, bow and perfectly poised fascinator, the Duchess's choice of earrings she wore to celebrate the Queen's Diamond Jubilee caused a figurative (and literal) diamond rush. Thing is, they weren't real.

The Duchess's £48 pearl and cubic zirconia earrings were part of Belinda Hadden's online range of convincing, imitation jewellery. The owner of Heavenly Necklaces enjoyed a stratospheric rise in profits once internet whistleblowers www.whatkatewore.com had identified the site.

Givenchy to take a break from Paris Haute Couture Week

The French couture label helmed by Riccardo Tisci won't be presenting a collection in January 2013.

A look from the Givenchy haute couture by Riccardo Tisci autumn/winter 2012 collection

In recent seasons Givenchy had opted for more intimate, still life-style showcases but has planned not to share its spring/summer 2013 with press in January, reports WWD.

The label plans to continue making haute couture gowns and will welcome clients to its atelier, but the only glimpse we'll get of Riccardo Tisci's signature gothic glamour is when celebrities will chose to wear creations on the red carpet. Cate Blanchett, Anne Hathaway and Beyoncé are loyal wearers of the label.

Kim & Kourtney Kardashian Show Off Right & Wrong

Kim & Kourtney Kardashian Show Off Right & Wrong Way To Wear Peplum

The reality star sisters looked like they coordinated their outfits — but unfortunately we weren’t totally loving both looks! Read on for tips on how to wear peplum the right way, (and how you can avoid Kim’s unflattering outfit situation!).

Kim and Kourtney Kardashian both stepped out for a South Beach shopping trip on Dec. 12 — and it looks like they planned to match in peplum! The sisters, who are currently filming Kourtney and Kim Take Miami, sported similar looks — but while they showed off the same trend, we had two totally different opinions on their style choices! Kourtney looked so chic, colorblocking with her choice of separates, while Kim wound up showing off more than she bargained for, spilling out of her crop-top and skirt combo.

Kim loves putting her assets on full display in tight clothing, but in this instance her fashion choice totally let her down. While I like the idea of balancing a high-waisted skirt with a crop top, Kim was spilling out of the space in between her top and bottom — and this only happened cause her skirt was just a drop too tight! Had she sized up with her skirt I’m sure we would have had a totally different opinion of her outfit — although honestly, I just don’t think the tight-knit crop top did anything to enhance her figure in a positive way, (and it’s rare that I see a crop top I don’t like). Had Kim opted for a blouse tucked in to her skirt we probably would have been loving the outfit. Her leather skirt has the potential to be fierce, but instead she wound up looking frumpy.

We love the way Kim flaunts her curves when she looks chic, not sloppy! We’ve embraced her and her va-va-voom curves, but now it’s time for Kim to do the same and start dressing for her body type. Honestly, we’re surprised by her recent style blunder, simply because we would expect her to know better — but I guess the occasional ‘what was I wearing moment’ can happen to the best of them.

So, how can you avoid Kim’s fashion mishap? It’s simple! Make sure you aren’t squeezing yourself into a skirt that’s too small — or a look that’s not flattering on you! It’s important to recognize that not everyone can pull off an awesome outfit. Sometimes it’s better to skip trying a trend rather than wearing something you don’t look great in.

If you want to try the peplum trend, I suggest taking tips from Kourtney. I like the way she used a belt to define her waist, really accentuating her figure. The structured shoulders on the zip-up, coral top complimented her olive peplum skirt. A peplum can work wonders on a variety of body types. If you’re curvy like the Kardashian gals, it can define your curves and really enhance your assets. If you have more of a boyish body, it could give the illusion of having more curves — and the ruffle can also hide a little tummy if you’re trying to conceal a little extra weight.

Zara is Flying High

High street fashion retailer Zara saw a 27 per cent rise in profits, opened 360 new stores and created 6,598 new jobs in the nine months to October 31, 2012.

The Duchess of Cambridge has been spotted in Zara pieces a number of times, which goes some way to explaining it's huge rise in popularity over the last 18 months. In December 2011, she wore a £69 lace-print dress from the shop which proceeded to sell out country wide. She also chose a cornflower-blue dress from the brand for her appearance the day after her wedding.

Zara owners have announced £1.3 billion profits.. Not bad at all ;)

Dolce & Gabbana in Trouble

An Italian judge has refused a plea by Domenico Dolce and Stefano Gabbana's lawyer to dismiss the €420 million tax evasion case against the designers.

A judge has rejected a plea by Domenico Dolce and Stefano Gabbana's lawyer to throw out the tax evasion trial against the designers and several of their business associates. Instead, judge Antonella Brambilla ruled that the trial will go ahead, starting on January 30, with two further hearings scheduled for February, reports WWD .

The Italian design duo are accused of evading €420 million in tax when they sold their two brands, Dolce & Gabbana and D&G, to their own Luxembourg-based company, Gado Srl.

Kristen Stewart.. A hit or a miss??

Where do we begin, to tell the story of this $#%$^ dress... Well the legs are a show-off of course, but the dress?? Hmmm....

Who's teaming up with Louis Vuitton??

Edward Barber and Jay Osgerby, the duo who designed the London 2012 Olympic torch, have collaborated with Louis Vuitton to create a unique, eco-friendly bell lamp suitable for the most fashionable of travellers.

Award-winning industrial designers Edward Barber and Jay Osgerby, better known as BarberOsgerby, are one of 11 design studios to have fashioned one-off pieces for the storied French fashion house's Objets Nomades collection. The collection consists of 16 contemporary interiors objects that could also be taken travelling by their stylish owner.

The Olympic torch creators chose to reimagine a classic bell lamp, forming it of Venetian Murano glass and giving it the ability to recharge by sunlight. Their method, they say, was "reductive, hence the simplicity of form."

"We began with the idea, then the function," Edward Barber said. "First came an exploration of the technological possibilities to ensure that the lamp was both portable and sustainable. Ease of carriage and the way the lamp's solar and lighting technology work informed the shape."

Carolina Herrera: 'I can get ready in 10 minutes'

Elegance is a state of mind, says Carolina Herrera. It certainly worked for her business, which is now a billion-dollar global empire.

Like Valentino, who recently shared his dismay over the sartorial disarray in which Brits arrive at the theatre nowadays, Caroline Herrera is not unreservedly won over by modern dress codes. Growing up in Caracas in the Fifties and Sixties had its challenges, but Kim Kardashian's fashion sense wasn't one of them.

"Everyone was very, very chic. You either went to Paris for your clothes or you had them made in Caracas. I would like women to feel they could be glamorous and elegant," muses Herrera, from the far side of her cream and black office, high above the disappointing exhibits disporting themselves down on the pavements of Manhattan's somewhat scruffy Garment District. "Unfortunately there's a lot of confusion today over what is sexy and what is vulgar. It's horrifying. They say, 'Oh, that girl is so sexy', and she turns around and the dress is four sizes too small. Or she's wearing so much stuff, you wonder how long it took her to get ready." Herrera's uniform - big skirts, tailored shirts, mannish trousers - is so honed that she claims she can get ready for the grandest do in 10 minutes. "But women don't want to be called elegant now," she reflects, "because they connect it with old-fashioned. But elegance is not old‑fashioned."

WATCH: Victoria's Secret Angels sing 'Deck The Halls'

Watch Miranda Kerr, Alessandra Ambrosio, Candice Swanepoel and friends butcher a Christmas carol in Victoria's Secret Angel style.

Christmas is a special time of year: family, friends, gifts, food, carols, and…err…singing lingerie models.

Ok, it's not exactly traditional, family-friendly fun but what's not to like about our favourite Victoria's Secret Angels donning festive-themed underwear and singing 'Deck The Halls' (badly) as they go about their Christmas business?

Loooool!!!! Marry Watching!!!

Tiffany Diamond dazzles Dubai

One of the world’s largest at 128 carats, the yellow sparkler was once worn by Hollywood’s Audrey Hepburn for ‘Breakfast at Tiffany’s’; currently, on display in the emirate.

Legend has it that the head of Tiffany’s Paris once bought the Yellow sparkler for a mere $18,000 when it was imported into the US back in 1879.

Years later in 1972, the ‘New York Times’ carried an advertisement offering to sell the famous 128.54 carat Tiffany Yellow at a measly $5 million.

With its last known valuation of $12m at the end of 1983, the Tiffany Diamond is one of the largest yellow sparklers ever discovered, originally weighing at 287.42 carats in the rough when it was discovered in 1878 in the Kimberley mines in South Africa.

Also famous for its association with Hollywood legend Audrey Hepburn in the classic, ‘Breakfast at Tiffany’s’, the stunning piece has now wound its way to Dubai, it’s second ever travel from its home in New York.

The Tiffany Yellow takes center stage at the jewellery brand’s flagship store in The Dubai Mall, on display until January 9 as tribute to mark the company’s 175th anniversary.

CEO of this brand accused of attempting to ‘strangle’ former employee!!

Dov Charney, the founder a CEO of casual wear brand American Apparel, has been slapped with a lawsuit which claims he verbally and physically abused a former employee.

American Apparel CEO and founder, Dov Charney Photo: Rex

Dov Charney, the founder and CEO of American Apparel, has found himself at the centre of yet another lawsuit.

Charney is accused of wrongful dismissal and physical assault by Michael Bumblis, the former manager of one of the company's Miami stores. It is the latest in a number of lawsuits in which Charney has been named by former employees in recent years, many of which have accused him of sexual misconduct. All previous cases have been dismissed by the courts.

In the suit filed in Los Angeles Superior Court, Bumblis claims that his issues with Charney began in April this year, when Charney accused him if working for a rival employee. During the verbal altercation, Bumblis claims Charney called him "a wannabe Jew," a "fag", and asked him inappropriate questions about his personal life.

Men in tights: Manly or....??

Men's tights, for so long the preserve of ballet dancers and runway models, are taking Manhattan by storm and could soon be seen on the street of Britain.

When trendsetters speculated what would be the defining men's fashion movement to sweep New York this winter, few opted for the male legging.

But "Megging", as the male legging is known, is now all the rage in sartorial circles. Celebrities such as Justin Bieber, Russell Brand and Lenny Kravitz have all been spotted wearing leggings, while fashion stores Uniqlo, Barneys and Nordstrom are selling tights for men.

The bad news is they are on their way to Britain: Uniqlo is already selling them on its British website, and their success in New York is seen as an indication they will also prove popular here.

They are expected to follow on from the trend for "skinny jeans" on men, which have become a staple of the British high street.

Some New Yorkers, however, see the "megger" as an affront to masculinity. Gabriel Cru, 35, from the Bronx, said: "Men in tights? Get out of here. We don't do men in tights in New York. That's European!"

Ladies, do you like or do you not like?? Tell us here ;)

H&M to launch global clothes collecting initiative

Customers donating unwated clothing from any brand will receive £5 to spend in store as H&M strive to reduce the environmental impact of clothes on landfill sites.

H&M launch global clothes collecting initiative

Swedish retail giant H&M has today announced plans to offer a global clothes collecting service.

In selected stores from February 2013, customers will be able to discard of unwanted garments into H&M shops - regardless of their origins, in exchange for a £5 discount voucher for each bag donated. The voucher can then be used against a transactional purchase of 200Dhs or more.

The collected clothes are then handled by H&M's partner, I:Collect, which provides the infrastructure in which consumer goods are repeatedly reprocessed and made available for new use.

Mary Katrantzou, from catwalk to Christmas trees

London Fashion Week designer Mary Katrantzou has designed a two-dimensional Christmas tree for London's Design Museum.

The Mary Katrantzou tree outside the Design Museum

British Fashion Awards-nominated Mary Katrantzou has turned her hand to decking out the London Design Museum in her signature, colourful prints this Christmas.

The Greek-born designer, who is one of the headline talents at London Fashion Week, has reworked a print from her current autumn/winter 2012 collection, which she says was "inspired by formal gardens and artful box parterres" for the two-dimensional, vinyl design.

Measuring three metres in height, the mainly green, maze-like print featuring bows in lime green and blue, adorns the outer wall of the River Thames-side museum.

Meet Karl Lagerfeld's three-year-old Muse

Hudson Kroenig, the godson of Chanel's creative director Karl Lagerfeld, stole the show at fashion house's Métier d'Arts 2013 show last night.

The clothes may have been beautiful and the setting breathtaking, but it was a diminutive little guy that stole the show at last night's Chanel Métiers d'Art show.

Meet Hudson Kroenig, the three-year-old son of 32-year-old male model Brad Kroenig, and godson of Karl Lagerfeld, Chanel's creative director. Dad Brad, who joined him on the catwalk (and who was overheard by WWD telling him to do his best 'Blue Steel' before last night's show) is a long time muse of Lagerfeld's - the designer has even dedicated a whole exhibition and book to photographs of him.

Is Balenciaga haute couture on the way?

François-Henri Pinault, the CEO of Balenciaga's parent company, has hinted that couture could be on the cards under the leadership of new creative director Alexander Wang.

A look from Balenciaga's spring/summer 2011 ready-to-wear collection

Now that the speculation as to who will fill Nicolas Ghesquière's shoes at Balenciaga is over, rumours can begin as to what exactly Alexander Wang will bring to the storied French fashion house.

Speaking to WWD , François-Henri Pinault, the CEO of Balenciaga's parent company PPR, has given us this tasty little fashion morsel: Balenciaga could be about to move into couture once again.

Does this mean we could be seeing Balenciaga on the couture schedule in the next few seasons, courtesy of Wang? Or is it just simply a turn of phrase? Balenciaga is, after all, one of the original couture houses from the golden age of haute couture.

Jean Paul Gaultier to launch new streetwear line

Gaultier, the enfant terrible of the fashion world, is to launch a younger line for men and women in 2014.

French designer Jean Paul Gaultier is set to add a streetwear branch to his fashion empire, which already features ready-to-wear, haute couture, fragrance and kidswear.

The name of the line is yet to be revealed, but WWD have broken the news that the range will express Gaultier's signature sartorial style and be launched in 2014.

The deal sees the French fashion house team up with Italian manufacturer Ittierre SpA, who call Gaultier one of the "most relevant fashion designers ever, with a global appeal."

60-year-old Gaultier's flamboyant catwalk collections are one of the highlights of Paris Fashion Week; his spring/summer 2013 show was an homage to the pop stars of the Eighties - with Madonna, Boy George and David Bowie lookalikes stalking the catwalk, while his Amy Winehouse-inspired collection for last summer's haute couture range grabbed headlines worldwide.

Gaultier's latest design foray can be enjoyed for under £1: bottles of Diet Coke adorned with his beloved Breton stripe are currently on sale.