Olivia Palermo: Designer?

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/122810-Olivia-300.jpg” credit=”Doug Peters/EMPICS Entertainment//ABACAUSA.COM” align=”right” border=”1″ alt=”Olivia Palermo”]

Olivia Palermo announced last month that she’s working on a new reality show, and now the premise of the show has been revealed: Cameras will follow the socialite, Mango model and former star of The City as she designs and launches her very own clothing line, Racked reports. How similar to her former nemesis on The City, Whitney Port! Olivia has a classic sense of style, and she has already collaborated with Roberta Freymann to launch a collection of bib necklaces earlier this year, so we’re interested to see what she comes up with for her own collection. Check out some of Olivia Palermo’s latest red-carpet moments in the gallery.

Olivia Palermo Models for Mango
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2010's Top Celebrity Fashion Trends!

[tiImage width=”623″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/120110-trends-623.jpg” credit=”INF photo; Pascal Le Segretain/Getty; Jon Kopaloff/FilmMagic” align=”left” border=”1″ alt=””]What was your favorite trend of 2010? Did you slip into a slim-fitting pair of tailored trousers, like Drew Barrymore? Did you pair your coziest socks with your sexiest heels, like Leighton Meester? Or maybe you took your short shorts from the gym to the office, like Gwyneth Paltrow. We’ve scoured the red carpets to round up the best fads of the year. Click through our gallery to see which celebrities jumped on the trend wagon—and which styles you were savvy enough to rock yourself!