What's old, what's new, what's right for you? The future of fashion may not seem all that important at the moment, but it can actually provide plenty of inspiration and information to help you plan for purchases or pull hidden treasures from the back of your closet.

While I don't have a crystal ball, I do have runways and red carpets to help me predict the trends. You may be surprised to know that what’s already in your wardrobe will even give you a great head start on dressing with flair in this new year.

Sophisticated separates-For the past few years, a matchy-matchy look felt like a fashion faux pas, but now ensemble dressing is making a comeback. Whether you want to mix it up or wear one whole look from head to toe, just keep in mind that separates are going to be the big story in fashion. And it all starts with the suit  both skirt and pant sets.

This return to classic tailoring allows for versatility, a favorable option for these economic times. While a dress is a one-day outfit, ensembles allow you to mix and match the pieces, and transition items to not only expand your work wardrobe, but also blend these separates into your weekend wear.

One of the best pieces to take from work to weekend, the blazer, was not only a must-have for fall 2008, it will continue to be a trend in 2009. Styles are morphing into feminine versions for spring, and these soft, structured jackets will start to replace cardigans and wraps. Menswear in general is getting a feminine makeover with light fabrics, delicate details and curved lines.

We’re going to see every possible reinvention, including lots of softer spins with shawl collars, draping and asymmetrical hems, as even the most girly designers, such as Rebecca Taylor, put their twist on this classic piece of clothing.

While floral tops, like those seen on the Jill Stuart runway, are also an abundant trend to look out for, the biggest (and most controversial) style seen on 2009 runways: fancy pants. Bottoms are back in a new way, from parachute to crop  and even jumpsuits  all odd shapes and cuts were on display. Contemporary designers such as Tibi put forth every imaginable silhouette and form. The best news is that you’ll have no trouble finding a pair of pants that suits you.

Weekend wear-In the casual category, a signature jacket is a must-have for the modern woman. A seasonless staple that will swing both ways, expect fall elements to bloom as the weather warms up, and summer coats like those seen on Milly’s spring runway to take center stage. Long gone are the days that you need just a basic to cover up in. With so many styles and colors to choose from, consider these coats an extension of your personality!

When it comes to denim, ripped jeans are tearing their way back. Hollywood has already cut the line, and trendsetters like Cameron Diaz are sporting spring samples of destroyed denim that are rumored to be back-ordered before the ball has even dropped in Times Square. Scissors anyone?