Courtesy of Victoria Beckham

DESIGNER: Victoria Beckham

INSPIRATION: "I've grown as a professional and as a woman. I feel like I have permission to be free and I want to give women more freedom." The collection focuses on a neat, precise shoulder.

TOP LOOKS: Simple long coat with stand-up collar; column of a dress with the ruffle on the neck; cocoon dresses. We're smitten...

ACCESSORIES: The models wore black swim-caplike hats, carried Victoria Beckham bags in new shapes like a duffel, a shopper tote and an accordion envelope clutch, and wore Christian Louboutin boots (did she and Brian Atwood break up?).

WHO WAS THERE: Only the most serious of the fashion retailers and press -- this is a business, not a vanity project.

WHAT WE THOUGHT: This is quickly becoming one of our favorite fashion presentations. Held at a townhouse on New York's Upper East Side, sitting, listening to Posh speak about her gorgeous dresses is a really civilized way to start the day.

The thing about this collection is that everything is completely buttoned up. The dresses and coats were flawless, her discussing what went into making each piece was entertaining and informative, the music (selections from fashion-flock faves "The Eyes of Laura Mars" and "Valley of the Dolls") was inspired.

Even her self-deprecation was humorous. "I designed this collection before I found out I was pregnant and this is the only dress I can wear from this season," she said of the oversized cashmere jumper dress she was sporting.

Take a look at this live interview with Neiman Marcus Fashion Director Ken Downing reviewing Beckham's show!