Karl Lagerfeld, the be-gloved genius behind the Chanel cotton ball, is designing an island. Somehow, this feels inevitable. “The legendary Chanel designer has teamed up with prestigious Miami-based architecture firm Oppenheim and the KOR hotel group to create the manmade island situated 20 km off the coast of Dubai,” reports Vogue UK. The island, dubbed the world’s first-ever “fashion island,” will house not only luxury boutiques, but three highest-end hotels and 150 villas, and should be up and running by 2014. (For some mind-blowing renderings, check out this slideshow.) If you’re looking to set your sights on a cheaper, more immediate fashion project not located in the UAE, look no further than Matthew Williamson, the British designer synonymous with vibrant palettes and graphic prints.
Williamson is launching a lower-priced line called Muse by Matthew Williamson. Diffusion collections – from Zac Posen to Marc Jacobs to Scott Sternberg’s recently debuted sister line, Girl – are a natural step for high-end designers these days. “The British label has created a new license with Italian company Mariella Burani Fashion Group and will unveil its new collection in February 2011,” says Vogue UK. Not much is known about the line as yet, as Williams says details are still being fleshed out, but he describes the look as a younger, slightly less financially secure companion to his current customer. If Williamson’s collection for H&M back in 2009 is any indication, there will be plenty of boldly colored party dresses, spirited accessories, and a few sleek sets of trousers and blazers to boot.