In case you haven't heard, bright colors are clubbing grays and blacks and browns over the head this year and retaking their rightful spots on top of the fashion food chain. Nowhere is that more apparent than in Indian designers Falguni & Shane Peacock's Fall 2008 line, which they debuted in the U.S. for the first time at L.A. Fashion Week. I talked with the husband and wife team before their historic show about their use of color, and why their line, synonymous with Bali movie starlets, may soon be draped over the bodies of their American cousins. Click WATCH VIDEO for our backstage chat.

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