>> Phoebe Philo showed her first collection since 2005 — and her first collection for Celine — today at a loft space in Chelsea.  Style.com deemed the outing — which is full of Philo's muted, miltary color-filled palette and simple effective shapes — "confident" and "spot-on."

Phoebe, for her part, explained of the Cruise 2010 collection: "It's not about total looks. After my break, and with Celine in various different hands these last years, it felt better for me to work on an idea of a wardrobe than too much on trends. October will be for that. The collection is about interchangeable investment pieces. I worked hard to create things that will stand the test of time."  The shoes, for sure, will be invested in by many as soon as they hit stores.