Designer Issac Mizrahi has plotted his fashion comeback with a new Spring/Summer 2007 collection. In the new line, Mizrahi plans to completely revolutionize what we think of as a designer collection.

Sounds ambitious? It is! Instead of creating two lines with two difference price-points (one high, one low), Mizrahi plans to make a single collection with items that sell for as little as $5 to as much as $5000.

I have to hand it to Mizrahi for his innovation on this one. I suspect that this blended collection will be so huge with consumers that eventually other designers will find themselves copying the model. After all, if there is anything to be learned from the simultaneous decline of Rochas and rise of Target's Go International line, it's that creating exclusively high-end pieces is neither profitable nor particularly sustainable.