Time Style & Design is ready to ask the big question, "What's Next?" in its new issue, celebrated by an interview between editor Kate Betts and style critic Karl Treacy on The J.C. Report. While Kate discusses the overall arc of the magazine, we're a little more interested in its findings: At least with the glimpses we've seen, "What's Next" is... a return to minimalism as presented by Thom Browne... A switch-out of diamonds with sapphires to mend political unease with the stones... Coco Rocha, photographed so many times in those gold Balenciaga leggings that they fuse themselves to her tiny body. We'd also add... *an increased obsession with The Bubble shape that corresponds pretty correctly with the unending war... *urban street style replacing celebrity style (or subverting it, Cory Kennedy style) as a youth culture influence... *Chanel Iman on the cover of Teen Vogue, so there. And if we're really going to discuss "what's next," take a closer look at Karl Treacy after this article. He's only 25 and he's already writing for The International Herald Tribune with Suzy Menkes... big things from this one... Also, obviously: What do you think is next?