Marios Schwab has some packing to do. The Central St Martins grad - and Brit-designer favourite - has been picked to take over the flailing Halston label, according to WWD.

Schwab's first runway collection for Halston will be autumn/winter 2010, which would mean his first Big Apple fashion-week show will be next February. With the critical acclaim of his last private-collection show in London, we're guessing he'll bring some insight and much-needed positive attention to the brand. The designer is keen to keep his own line, so the (potential) revival of one brand won't mean another stops dead.