Lady Gaga wears Haider Ackermann on the cover of Vogue (Rachel Zoe wears out her welcome at the Academy Awards)


Yes, the backroom deals in the world of high fashion make trading derivatives on Wall Street look like a silly game for the eTrade baby. Let me explain.

Haider Ackermann is the best designer you’ve probably never heard of. He’s the Colombian born, Belgian trained designer that Karl Lagerfeld favors to take over at  the helm of Chanel. Tilda Swinton has already made a splash on the red carpet at the Cannes Film Festival in his clothes. He is most certainly  on the very short list of designers to replace John Galliano at Dior.   Speculation will surely be running rampant today at the  showing of his Fall 2011 collection in Paris.

One of the most astounding missteps made by Rachel Zoe at the Academy Awards –apart from arranging the  gluttonous onstage costume changes–  was excluding Haider from her repetoire of gowns for Anne Hathaway. Ackermann is where fashion is headed and it would have said a lot for Ms. Zoe to be ahead of the curve. And ahead of the curve is where she sorely needs to be as it was recently documented that Ms. Zoe copied a dress she styled for Teen Vogue a few years back and passed it off as her own in her  laughably derivative debut runway collection. (All hail the next Tory Burch!)

So who needed to see the tiresome Oscar de la Renta (Raf Simons rip off) dress? The retro Vivienne Westwood ? The mothballed “archival” Valentino? The obligatory Tom Ford?

Not I.

Given that  Cartier paid Ms. Hathaway $750,000 dollars to wear its jewelry at the Academy Awards this year, you’d think she could afford to pay Ms. Zoe to do her homework.

At this point you have to feel a bit sorry for James Franco. Did he at least get a free “I’m with shady” t shirt for his hosting duties? Now at least we have a plausible explanation as to why Ms. Hathaway was over the moon onstage while Mr. Franco was under a rock.

Then again, perhaps it is Gwyneth Paltrow who should be complaining the loudest, not I. Louis Vuitton only paid her  $500,000 to wear its earrings and broach  on the red carpet. (Unfortunately, it occurred to no one to pay her not to sing.)  So the next time Tim Gunn interviews Valentino with Ms. Hathaway on the red carpet he can stop pretending he doesn’t know what “archival” means (DUDE, who are you kidding? Were you on the faculty at Parsons or at Carson’s?) and start asking “who are you wearing and how much were you paid?”

Kind of makes  one want to gag, right?

At any rate, it is thrilling to finally see (the all too often exurb oriented cover of American) Vogue make me go gaga.


Click here to see the entire  Spring  2011 Haider Ackermann on Style.com

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