Fashion has a great future because it makes so much sense for everyone, the business can get more benefited, the viewers are becoming more crazy over models and the models are achieving success by landing on fashion shows such as 2012 Prom Dresses Winner, Miss USA and many more events.
All of the above, the one thing that really matters is your target market (high to low). For the future (2013/14) will be chic comfortable, mixable wear. Prints are coming back, but so is color! In one word, it's about... Luxury!
You have to feel it, your friends need to see it (you). it's on its way back.