Balenciaga

With Nicolas Ghesquière at the helm, the Spanish fashion house is ahead of Japanese and Belgian designers in the hip stakes. Floating fabrics contrast with dramatic cuts, producing a sophisticated urban style that the fashion haut monde can't wait to slip into. Bags and shoes are also available.

Check out Balenciaga Edition, a range of couture designs from the 1950s and '60s reworked for the current collection.