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Fashion's New Power Posse

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5. MARY-KATE AND ASHLEY OLSEN
The Moguls
Presidents: DualStar
Designers: The Row, Elizabeth & James

Always eager to kiss up to celebs, the fashion industry invited these tiny titans to the CFDA Awards' 25th anniversary last year, where they rubbed insiders the wrong way by addressing the snotty crowd as their "fellow designers." Scissor wizard Phillip Lim even sniped that their prominence was "unfair." The waify divas—who control an estimated $1.4 billion empire—launched two clothing lines in 2007 alone, and, between them, have graced the covers of Nylon, Harper's Bazaar, Marie Claire, and Teen Vogue. But their greatest coup is the accolade they now share with Anna Wintour: the wrath of PETA, who dubbed them "Hairy-Kate and Trashley Trollsen." When people start throwing blood in your face, you know you've arrived.






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(Photo: Getty Images)
6. SASHA CHARNIN MORRISON
The Populist
Fashion Director: Us Weekly

At 43, the editrix whose dad wrote the lyrics to Annie thinks like she's 25 and knows a trend when she sees one. Which is why, after six years at Allure, she bolted for—of all places—Us Weekly. Though it lacks hauteur, fashion flacks say landing a shot of a Simpson sister holding a label's latest It bag in one of Morrison's coveted red-carpet pages moves more merch than a full-page image in a highly art-directed Condé glossy. And when one of Morrison's minions calls in a sample, even the most prickly of PR reps tells the messenger to hustle.

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