The Milly Spring/Summer 2010 "Punk Meets Prep" collection was high on my list of Fashion Week favorites. This season, designer Michelle Smith mostly abandoned her signature bright shades and bold prints and opted for a palette primarily of black and ecru with the occasional pop of color. The collection stayed true to Milly's signature femme aesthetic but the sweetness was offset by an edgy, punk-rock sensibility. Floaty silhouettes were toughened up with studs, embellishments, and piles of jewelry. There were plenty of signature Milly staples -- mini shifts, elbow-sleeve coats, delicate blouses, metallic jacquard -- but the rich shades and sexy shapes infused these classics with a fabulous edge and radiated a stronger sense of bold confidence. Some of my absolute favorites included all of the hand-beaded knit sweaters and tops, a strapless metallic jacquard corset mini dress, and a black silk gauze hand beaded trapeze dress.