The Luxury Index 2007

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Color
The biggest trend for 2007 in fashion and home design is color. And that means both intense, almost fluorescent shades like chartreuse and more down-to-earth hues like olive green and tomato red. Designers as different as David Rockwell and Donatella Versace are embracing brights, splashing them onto everything from indoor/outdoor furniture to flats. Even some old favorites, like the Jean-Louis Domecq Signal table lamp, are turning up in shocking turquoise.

Best Foot Forward

The Ferragamo family built its fortune on shoes, but the tight-knit clan is stepping boldly into a new era, with a new managing director and plans for a public offering

How They Spend It

Warhols and Petus wines should suffice, but today's über-rich want something nobody else has, literally

Photo Gallery: Edge of Night

The demure 1950s debutante look is now more punk than prim

Style & Design: The Global Luxury Survey

How the best brands measure up in China, India and Russia

Style & Design: Visionaries

TIME Style & Design looks at the future through the eyes of the most creative icons and thinkers in their fields

The Style & Design 100

Good design is everywhere these days. Great design is more elusive. Take a look at the standouts