The Fall issue of TIME Style & Design is on newsstands now.

Editor Kate Betts has joined together the ultimate fashion insider, Isaac Mizrahi, with the ultimate outsider, Joel Stein, to blog from the shows and parties all week long: http://time-blog.com/live/ !

Also in TIME Style & Desigh: “10 Questions: Kenneth Cole” The acclaimed designer tells TIME Style & Design what kind of shoes he would design for the U.S. Presidential candidates, “For [John] McCain, a pair of the ‘right wing’ tips. For Obama, a comfortable sport shoe, good for ‘running in.’ May the hardest-working and best candidate win, and may the only loafer that makes it into the White House be mine.”

Race in Fashion: “It’s more challenging to sustain a career when it comes to ethnic models but we’re willing to do it because we should represent women who have a global appeal in various markets,” IMG senior vice president Ivan Bart tells TIME.

An in-depth report on the taste and tendencies of affluent European consumers in the new Global Luxury Survey.

The Fall 2008 issue of TIME Style & Design profiles 12 women who are shaping the way global consumers think about and consume fashion. The women profiled in the list include:

Odile Roujol, president, Lancôme.

Anya Hindmarch, managing director, Anya Hindmarch.

Liya Kebede, owner and founder, lemiem.

Shamina Talyarkhan, owner, Shameeza Embroideries.

Victoria Brynner, founder and president, Stardust Visions and Stardust Celebrities.

Stella McCartney, creative director, Stella McCartney.

L’Wren Scott, designer and owner, L’Wren Scott.

Kira Plastinina, designer, Kira Plastinina.

Lorna Kelly, luxury auctioneer.

Shireen El Khatib, ceo, Al Tayer Insignia

Linda Fargo, SVP, fashion office and store presentation, Bergdorf Goodman

Veronique Gabai-Pinsky, president, Aramis.