What's happening this week in the world of fashion?  We have outfit inspiration, up-and-coming fashion lines, and Michelle Obama in a dress from H&M. Plus, drama from Paris Fashion Week!

Fashiontribes shows us how to look chic in shades of grey and earthy blue.

Second City Style gives us the rundown for celebrity clothing lines - who's hot and who's not.

Couture in the City has jeans, dresses, and handbags that go with everything.

Fabsugar wants the wardrobe from Lipstick Jungle.

Papierblog gives us the scoop from Paris Fashion Week - find out which celebrity had to sneak past the guards to get into Rick Owens' show.

Clothes-Pin introduces us to Elroy Apparel, a fashion forward line of eco friendly fashion.

The Budget Fashionista catches Michelle Obama in a H&M dress.

SheFinds found great outerwear for fall from American Eagle.

The It Lists has their eyes on former Helmut Lang intern Melissa Coker's classically whimsical line Wren Clothing.

And over at Omiru: Style for All, we shop our favorite picks from Gap's Fall 2008 collection.

Photo courtesy of The Budget Fashionista.