For example, Marc Jacobs is showing bold colors in a minimalistic style for next spring. The grand dame of New York fashion, Diane von Furstenberg, splashed her runway with brilliant whites and light greens paired with beige. All can be found at post-summer sales and repurposed for next year.
Here are eight other ways to get that luxury look without emptying your wallet:
1. Shop Sample Sales
Search for sample sales in your city for a chance to score current designer looks for a fraction of the cost. For those who don't live near a big city where such fashion sales are abundant, don't stress. You can shop flash-sale websites like Gilt Groupe, which feature designer duds for 50 to 70-percent off. Returns are accepted on most merchandise, but make sure to read the site's policy before making the purchase so you don't get stuck with ill-fitting goods.
2. Consignment Shops
Second-hand stores dedicated to designer fashion are popping up in many major cities. You can also find gently used fashion online at Plato's Closet, where you can sell your undesired clothes as well. As with traditional retailers, consignment shops are selling off last summer's clothing and accessories.
3. Use Coupons
Don't dismiss the cost cutting potential coupons offer. Even high-fashion retailers these days rely on money-saving vouchers to attract new customers. You can find coupons for free shipping at Bloomingdales, Neiman Marcus and other luxury good stores at sites like FreeShipping.org.
4. Swap
Coordinate a clothing swap with friends or coworkers. Or try swapping clothes and accessories online at such sites as Rehash Clothes.
5. Follow the 30/70 Rule
Maintain a wardrobe that's roughly 30 percent trendy and 70-percent staple pieces that won't go out of style. You then won't feel the need to restock your closet every season but can still mix and match to recreate the latest looks.
6. Department Store Designer Finds
More and more high-fashion designers are collaborating with department stores and discount retailers to offer exclusive and affordable collections for everyday women. Check out Simply Vera Wang at Kohl's and Lela Rose for Payless to find the styles you crave and prices your wallet can manage.
7. Nix the Dry Cleaning
Avoid clothing that requires dry cleaning and, if not possible, buy products you can clean with the popular dry-cleaning pouches you just pop into your dryer. While it's not exactly dry cleaning, the result is the same.
8. Rent What What You Can't Buy
When it comes to a special event, the most affordable and practical options for finding designer frocks is renting. Sites like RentTheRunway offer current season fashion from over 95 top designers at 90-percent less than retail prices. Simply choose a dress or piece of jewelry you wish to wear and return it after the occasion.