We received a mysterious invitation in our Inbox today, proclaiming "Celebrate the New Old Navy." We didn't know that khakis and blouson t-shirts could be reinvented so forcefully, which makes us wonder what's actually happening to Old Navy. Our guesses? 1. Old Navy realizes everyone in America is now (somewhat) obsessed with fashion - or at least, with "fashion" - and they're turning themselves into a Forever 21, with influxes of on-trend clothes flooding into stores, and flooding out just as quickly. 2. Old Navy is releasing a quirky TV commercial with their new head designer, Todd Oldham, that's going to be like House of Style on a sugar high. 3. Old Navy is finally buying Fred Flare and turning into a complete lifestyle store. That's the rumor, anyway.