In only four years Jason Wu has got his designs into 150 stores and yesterday, he took another smart business move by launching his new accessories line featuring bags, shoes and glasses. Not bad for a designer who is still relatively new on the fashion scene.

For S/S11 Wu continued to work with tailoring. Joan Smalls opened the show in a white sheer blouse tucked into tailored trousers which accurately set the tone for the rest of the show. Said wide leg tailored trousers appeared throughout with a range of sheer blouses in black and white. A big white one in particular came with a double breasted blazer and navy blue tailored city shorts. But they were not all the same. Wu also showed polka dot styles to keep us interested.

Ladylike dresses in twill came strapless and belted and as the show went on, Wu experimented with bright colours on dresses and used floral prints on a draped skirt in pink and on a blouse styed with the same tailored trousers but in a high wasted style. Wu's signature cocktail dresses were as strong as ever but what took my eye the most was a white short suit teamed with a black top with a huge black bow and the tailoring on a white double breasted jacket that could easily be a dress.

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In November of this year, the Swiss Textile Federation will give away it's international fashion prize, the Swiss Textiles Award, for the 11th time.

The cermemony will take place in Zurich and the young  designer who wins, can expect a generous prize of up to 100,000 euros. The lucky finalists in the competition are Mary Katrantzou, Jason Wu, Damir Doma, Juun J, Adam Kimmel and Duro Olowu. The panel of experts who choose the winner are newly elected each year. This year’s team of experts includes Glenda Bailey, Harper’s Bazaar, USA; Vanessa Friedman, Financial Times, UK; and Silvano Vangi, Luisa Via Roma, Italy. A winner has to show creativity and innovation the judges have said whilst, also displaying commercial viability. The event will be presented by last year's winner Alexander Wang.

After launching his eyewear line earlier this year, Jason Wu is now launching a line of leather accessories.

"[My eyewear collection] is only the beginning of my accessories range, stay tuned for later this year - there is more to come," he told Vogue.com. "Now that I have an established ready-to-wear business it seems to be the natural step to expand into the world of Jason Wu. There is so much more I would like to do to complete the vision."

And it looks like the new line and his spring/summer 2011 collection could be inspired by his latest travels to Paris. "The beautifully ornate architecture has been very inspiring. I always find great inspiration while I travel," he said.

Image courtesy of Fashionista

The Oscars of the fashion calendar is fast approaching with the CFDA Awards less than a week away now, and as always they have produced a programme for the awards alongside a journal, where for a break in tradition it isn't only the designer's work that features in a sexy photo shoot, but the talent behind the pieces too.

Alexander Wang chose to pose with six of his high school friends, whilst provocative Tom Ford posed on his own with a series of mirrors, resulting in an image of ten Tom Ford's (surely never a bad thing). Along with Wang and Ford, Prabal Gurung and Jason Wu were also among the designers shot by Solve Sundsbo for this year's awards, which takes place on Monday, with Lori Goldstein at the helm of styling and Trey Laird in charge of creative direction.

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Lauren Conrad has one less style fan [Fashionista]

Kate Moss' luck: not great lately [Vogue UK]

Jason Wu gets nostalgic with sunglasses [Refinery29]

Plenty by Tracy Reese adds shoes [WWD]

What kitten heels really mean [The Cut]

Diane Kruger and Zoe Saldana both in Calvin Klein

We've been speaking about it for the last month and it happened last night. Here are all of the red carpet looks for last night's Met Ball.

Drop a comment and tell us what you're favourite looks are.

See all of the images after the jump

We won't know the winner of the next CFDA Swarovski Award for Womenswear (an honour dedicated to emerging talent) until June. The nominees include Jason Wu, Prabal Gurung and Joseph Altuzarra - but Cathy Horyn has already announced, via her blog, who's caught her eye.

"[W]ho in three or four seasons has provided the creative stretch that runway mavens look for?," Horyn wrote. "Whose name is mentioned quietly among European houses as someone to watch and, maybe eventually, design or advise behind the scenes? And who keeps a bit of a distance from the pack? Beyond the CFDA awards night on June 7, I would keep my eye on Mr. Altuzarra." Well, Mr. Altuzarra. Win or lose, you have something to smile about.