5 hot fashion trends for '08

Forecasting firm Tobe is the oracle of the retail world, its January trend report one of the industry's most closely-watched forecasts. Here's a sneak peek at Tobe's five picks for the coming year.

Fashion sneakers
Nike and Adidas have been making hip kicks for years, but mainstream fashion brands from Lacoste to Michael Kors are now selling sneakers as casual footwear - and trying to claim a share of the $15 billion market.

Michael Kors has a faux python metallic ($109) sneaker. Creative Recreation, started by two former Vans executives, sells sneakers in zebra stripes and a kaleidoscope of colors. At Generic Many, the sneakers are made from Italian leather and sell for $200. "These are sneakers you could wear with at T-shirt and jeans or $3,000 suit," said Brandon Day, a Generic Man founder.

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