I've got to admit, I was a bit bearish on the idea that Olivier Theyskens would be designing for Theory. But I'm happy to report that I was off the mark--the clothes look amazing (poga pants, anyone?) and are priced reasonably, with trousers hovering around $400 and blouses starting at about $250. (No, that isn't cheap, but when you consider the caliber of the design and the product, it makes sense.)
While the collection won't be available globally until next week, you can buy them on Theory's US website and in the brand's Meatpacking Distrtict flagship (right across from Pastis) starting today.
My top picks are the blazers, the poga pants, and the pointy velvet flats. That's right, I said it. Velvet can look good. At least under Olivier's supervision.