No argument, Alexander Wang is one of New York's fashion stars. His latest laurels: a GQ/CFDA  menswear award, and the opening of his first flagship just days away.  And yet, for the past two seasons, his ready-to-wear collection has  received a mixed response from editors who thrive on Wang's buzz and  retailers who do gangbusters with his ever-expanding T line.
But with today's show, Wang made a triumphant return to form that  injected the sexy, tough, cool-girl attitude he's built his brand on  with a heightened sense of luxury. The designer explained in a preview:  "We're almost poking fun at decadence and luxury." Almost, and well,  really just enough. All the lush, cocoon-y outerwear was clever, not  clownish or immature in its hybridizations of bomber  jacket-turned-poncho, boyfriend blazer-turned-fur coat, and a tuxedo  jacket with puffer sleeves.

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