Fashion Week: Local Rag = Lycra Swag

The quality of swag at the shows isn’t always that fab (in fact, sometimes it’s downright troubling). Does anyone really need another tote bag from Women’s Entertainment? But this year, Lycra has managed to offer something that’s whipped the fashionistas into a frenzy — skinny jeans with that all forgiving fabric — lycra. Designers like Zac Posen, Derek Lam and Phillip Lim are all singing its praises and the elastic jeans have quickly become the must-have item of the week.