On Monday night, 75 of the most influential minds in fashion came together, along with New York Mayor Michael Bloomberg, to begin the year-long project Fashion NYC 2020. The project aims to reinforce New York City as the garment capital of America, with attendees including Saks Fifth Avenue's chairman and CEO Stephen I. Sadove, Diane von Furstenberg, Roger Farah of Polo Ralph Lauren, Sir Philip Green of Topshop and last, but certainly not least, Anna Wintour, who went to "just listen and learn".

It was revealed that the group aimed to discuss ways to preserve the garment capital; to include stimulating tourism to the area via shopping coupons or subsidising airline prices, pop up stores, and technology - including sustainability, mobile marketing and the new media. Possibly one of the more exciting discussions surrounded Fashion's Night Out, where the group aims to include a no-sales-tax day, and a fashion show for the general public, all held on September 10th.

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New York City Mayor Michael Bloomberg announced yesterday that this September 10 will be quite the day - or should we say evening - for style. Fashion Night Out, an initiative that will keep more than 100 stores across the city open until 11 p.m. and feature special in-store events, is on the calendar to boost the city financially and sartorially.

The mayor pointed out that fashion generates $10 billion annually for the city, so hopefully hosting this on the first day of New York Fashion Week will be a proportionate jump start to The Economy. Having the likes of Anna Wintour, Vera Wang, Carolina Herrera, Marc Jacobs and Calvin Klein on board should certainly increase the chances.

Ashton Kutcher and Demi Moore

It's not every event that can gather a range of A-listers as wide as the annual White House Correspondents' dinner, but trust Barack Obama to get a solid guest list. Last night's event drew everyone from Donatella Versace to Natalie Portman to Sting - and those in attendance got to hear the ba-da-bing side of the president.

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