The man s career trajectory keeps spinning right round, baby. Out at Target and in at Liz Claiborne, Mizrahi presented his couture collection today in the middle of the ready-to-wear season. Many of these clothes—like a black tunic dress with crystal and fur embroidery—had an old-Hollywood-at-home feel to them, though a red sweater suit read very Jacqueline Kennedy, very first lady. The show would have benefited from an edit…and a bit of fun. Couture clothes, which require fittings, are for an established woman with the luxury of time, not for an active, spirited young woman with a MetroCard (i.e., the Liz Claiborne customer). Mizrahi s new position will have him designing clothes that fall between fast fashion and the couture lab, and we can t wait to see what he comes up with next.