“Everyone just expects me to jump now. I think they just think I jump naturally, like put me in great shoes and I jump,” said Caroline Trentini backstage at the Victoria’s Secret show this afternoon.

“Will you ever not jump?”

“No! I mean, as long as people ask me to jump, I’ll jump!”

Once I got that all-important question out of the way, I ran around the room and asked a handful of our favorite girls two critical questions:

1. What’d you have for breakfast?
2. What are you wearing to tonight’s after party?

Chanel Iman said she ate eggs, bacon, potatoes, cereal and fruit. I would have said, “Don’t lie,” but I wasn’t in the mood to pick a fight with an angel and she followed with, “I think eating is sexy.” She wants to wear the Valli dress she wore down his runway, but if it doesn’t show up, she’s sure she can find something “super sexy to wear with my fabulous boots.”

Julia Stegner’s wearing Herve Leger, surprise! (There were two camps of girls, the ones wearing Herve and the ones specifically not wearing Herve because everyone else is wearing Herve.) She’s not a breakfast person, but “I had pomegranate seeds this morning! Only because I’m on antibiotics and I have to eat something.”

Oh the horrible things we’d do for a piece of Proenza or Valli.

Thankfully, we can keep it civil via Rent the Runway; they let you rent what you want without hassle or potential jail time.

The site’s an online community where shoppers can rent designer dresses ranging in price from $50-$200. After signing up for an invite you can browse through everything from Doo.Ri to Brian Reyes, Malandrino to Matthew Williamson which means that even though you’re determined to make it through the holidays without buying a new dress, you don’t have to wear the one you wore last year.

They’ll deliver same-day in New York City and next-day everywhere else and if that’s not easy enough, they’ll even send you two sizes on your first rental, so you don’t have to worry if your temporary Tuleh will be just right.

There goes the only-wear-once problem.

UPDATE: Click here to become a member.

We just got back from the Decades Two pop-up shop in Soho, above the Kiki de Montparnasse store and we’re still trying to catch our breath.

The Los Angeles location has a beloved, loyal following of fashion obsessives on both coasts. New Yorkers upon arriving LA have been known to stop by the store before even checking into their hotels.

And it’s easy to see why. Walking in the doors was like entering an other-worldly paradise where only beautiful things reside.

We spotted Natalie Portman’s black and blue Rodarte, the pink Oscar dress Carrie pulls out of Baryshnikov’s box, nude Louboutins and navy Lanvin pumps, perfectly worn in Balenciaga motorcycle bags, a mint green Valli gown, a McQueen caftan, Westwood bustiers and an entire rack of Chanel tweed.

Olya, Mom & Art Publisher

Got Her: At the Guggenheim’s Hugo Boss Prize 2008 party.

Stalked Her: Actually it was more like shimmied up beside her while dancing.

Shot Her: Because she was rocking out in a Giambittista Valli dress, fishnets, and perfect patent pumps with a drink in hand on the sloping Guggenheim floors as if it were the easiest thing in the world

She Says: “I’m here for the art! I wore the Valli because it’s very structural and that seemed appropriate for a party in these walls.”

We Say: You should wear that dress everywhere, Guggenheim or not.

Reader Arthur brought these faux-Giambattista Valli shoes to our attention.

He’s wanted to be Victoria Beckham for Halloween “since 1997 when she was just plain old Posh,” but a lack of perfect shoes at Halloween prices stood between him and his dream.

So lucky for Arthur, Sheikh, purveyor of fine quality goods, brought the heel down a few inches, tweaked the color a bit, and probably eschewed any thought of comfort to sell the shoe loved by Beckhams and Olsens alike for just $44.97.

The height, and the fact that they’re basically stripper shoes made out of really nice leather, are what make the originals special in the first place.

But if you’re in the market for another pair of plastic shoes, or you too dream of a Beckham Halloween, by all means, buy the pink ones.

Otherwise, we’d suggest spending your fifty bucks on loads of Smarties and Candy Corn.

To make up for the incredibly boring eight days that was New York Fashion Week, the rumors from Paris Fashion Week are piling up just as the ceremonies are getting under way:

First up, Martin Margiela may - finally and actually - be giving up fashion for good, the rumor coming in from everybody everywhere, and with some astutely pointing out that Martin Margiela himself does not even work on the line, so a replacement would be that much easier (though since Raf’s been counted out due to his newly signed three year contract with Jil Sander, who else is supposedly up for the job?) Supposedly, he’ll announce his retirement from fashion sometime soon…

Next: Alessandra Facchinetti, whose collection for Valentino this coming Thursday will be only her second, and already the Daily reports that it’s her last chance, her future at the house resting completely in the hands of the editors and buyers in the front row. And there’s more - the supposed replacement? Giambattista Valli, who some supposedly feel could bring more innovation to the line, maybe because he’s French, maybe because he’s older…

Guess we’ll know where everybody stands by next week - kind of makes the rumors on Gossip Girl tonight seem a little passé, mais non?

Drama has never been a problem for us. From bubble skirts to puffy tops, we don’t shy away from volume, however the ‘egg shape’ that made big appearances in this season’s runways has us a little stumped.

Valentino’s Fall couture show opened with a skirt and jacket ensemble that showed an extreme version of this trend while Balenciaga, Antonio Marras, and Giambattista Valli featured more wearable adaptations. So let’s weigh the pros and cons:

For one, it’s a look that’s sure to set you apart from every LBD and a-line frock at the party. In addition, you never have to worry about being squished in a crowded room, people will surely give you some extra space, especially in Valentino’s extra wide number.

The down sides: you might look like an egg, since you’re basically distorting your figure and leaving it all up to the imagination. Secondly, unlike most pieces with a wide shape, these dresses and skirts are not belted at the waist, leaving even the narrowest model looking, well… round.

So it’s basically the age-old question, do I wear this really interesting new look even though I’ll look hideous? Which loosely translates into, Do I dress for the fashion? Or does the fashion dress me?

So, would you do the Humpty?

—AUDREY SMITH

This summer’s Olympics are shaping up to be the most fashionable yet.

While the swimmers rock Rei Kawakubo designed Speedo swimsuits, WWD reports that the commentators will wear custom made Ports 1961 outfits.

Tia Cibani, the brand’s creative director, has met with four different female TV hosts from NBC, CNBC, MSNBC and USA “to marry the Ports aesthetic with each girl’s personality.”

Each woman will wear three separate outfits a day for every day of the Olympics which run for three scorching hot weeks in Beijing starting August 8th.

We wish more designers were involved with the Olympics. Giambattista Valli would design frilly leotards for the gymnasts, Lagerfeld could make hip black track suits for runners and Vivienne Westwood might paint colorful suits for the synchronized swimmers.

This needs to happen. Do you know anyone on the Olympic committee?

For years yellow was the only color on our list of “Things We Will Never Wear” (things like bows, Tevas, and Pucci prints). But lately we’ve warmed up to the usually daunting color in a big way.

This season it looks like designers have too. Everyone from Valentino to Comme Des Garcons showed looks en jaune, in hues ranging from daffodil to traffic light.

We like yellow because it makes pretty clothes look a little less obviously pretty; the ruffled dress Natalia wore at Valentino would have looked saccharine in pink, but in yellow it was just right. We also appreciate the way it pops against our favorite neutral, gray.

Even though the color has lots of runway presence this year, we’re unsure if it will make the jump to most women’s wardrobes. Matching yellow to your skin tone can be tough; Chanel Iman looked gorgeous in a bumblebee shade at Giambattista Valli, but Sasha looked washed out at the same show in the same color.

Will you be matching the daffodils for spring? Or will you leave this color in the Crayola box?

—ANNA FIELDING GRIGGS

Is Mischa Barton going up-market?

On the back cover of this month’s Dazed & Confused, Mischa looks fancy in a campaign for Iceberg, the obscure Italian brand.

It’s quite a shift from the campus casual look of her Keds ads, or that of Bebe’s synthetic mall-chic.

But what’s Iceberg?

The Euro brand focuses on ‘fashionable sportswear,’ and shows every season in Milan. They have recently sought creative input from designer Giambattista Valli, in hopes of raising their profile.

Their association with Mischa (who has the distinction of being the 10th most invited person to British parties, according to Tatler) must stem from the same aspiration.

But is Mischa ready for a more luxe image? Her next movies are ages away, and until people can see them, they’ll still remember her as the wooden Marissa Cooper from The O.C. - or as the girlfriend of this guy.

—ALLIE MERRIAM

It’s official: teen royal Charlotte Casiraghi is a sexpot. The granddaughter of Princess Grace of Monaco posed for several photos at the Giambattista Valli party in Paris this weekend, and when we saw them this morning, we promptly spilled our tea. Charlotte has grown up in a turbulent haze of glamour, and now that she’s old enough to wield her powers publicly, it should be interesting to see where the wind takes her - preliminary rumors say, straight to the cover of Paris Vogue. We’re waiting…

Meanwhile, a 19-year-old British girl named Mary Charteris was in WWD this morning with her aunt Daphne Guinness. She is distractingly pretty, with great style to boot - in the photograph, she’s wearing a djellaba just like Agyness did on Chanel’s spring runway.

Some quick background on Mary: she briefly modeled for Isabella Blow, who called her a muse when she was seventeen. Her actual title is “The Honorable Mary Olivia Charteris” and her great great someone was William the Conqueror. Her stepmother has lobbied Parliament to legalize hallucinogenic drugs.

Oh, and she’s moving to New York soon to study at Parsons School of Design, which means she’ll be at parties, on Patrick Mcullan, on Socialite Rank, interning in the Vanity Fair fashion closet or something like it, and so it begins…

The list of designers with cell phones just got longer: Italian virtuoso Giambattista Valli will get his own roaming signal at Paris Fashion Week, thanks to Nokia.

Mr. Valli follows Prada, Dolce & Gabbana, Diane Von Furstenberg, Betsey Johnson, and Baby Phat in designing a new phone and accessories. The phone comes in black or ivory, with a satin bow-sewn case and a silver skull charm to dangle from the antenna. It debuts before the Valli show in Paris, and will retail for about $300 in Europe (and eventually, of course, here).

For years, tech companies have been calling cell phones an “accessory,” but the explosion of designer mobiles might actually make it true - do you think teen girls will swap cell phones to match their outfits, the way grown women do with handbags?

A more important question: Does the Valli phone come with a camera? Because we fully expect whomever gets it to snap photos of the Valli show for us…