Minimalism and new restraint are terms that we've all been talking about over the past few seasons, but in the world of Oscar de la Renta, no such things exist. As you would expect, his collection was all about luxury, which is fitting considering that a recent report showed that the wealthy no longer feel embarrassed to show off their money since the recession.

The designer took us on a journey around the world, but the collection had a particularly Russian feel. Ethnic prints appeared in abundance on outerwear, and the show opened with a jacquard printed coat in black, red and white. Fox fur appeared everywhere - think the skirt sections of dresses, hats and gillets - which will make sure that you're warm come fall's plummeting temperatures. The standout piece, for me, was a grey strapless gown with silver embroidery over the bust and dramatic grey tulle worn by Lindsey Wixson.