Gone are the days when punk was synonymous with grungy streets and economic hardship—Karl Lagerfeld showed that metal spikes, black lipstick and hard-core leathers are perfectly proper sartorial alternatives nowadays.

Fendi women will replace fall's candy-colored furs with black zip-up biker jackets, aggressively ruched one-shoulder tops and draped, shiny dresses in body-hugging jerseys. The look is strong and powerful—leather minidresses slashed way above the knee, gathered billowy tops and voluminous, asymmetrical skirts. Dangerous-looking accessories include gold weightlifter belts, thick neck cuffs, spiked shoulder straps from which to hang a gilded purse, and stilettos dazzling with gold chain link.

Now that Lagerfeld has delivered a luxurious, highly stylized interpretation of haute punk, it's official that this will be a key style next spring.