At Louis Vuitton, the presentation is just as important as the product, and in typical Jacobs fashion, the Spring 2012 collection, both the clothes and show, was the stuff of fashion fairy tales. When the clock struck midnight, models like Liu Wen, Joan Smalls and Kate Moss sat perched on a fully functioning white carousel; one by one each lady descended from her pony, clad in an ice cream color palette of sheer fabrics, delicate appliques, plastic pailettes and feathers galore. But Vuitton's girls aren't all sweetness; baby blue and yellow crocodile biker jackets were of the edgier variety. The accessories, however, were a mixed bag, literally. There was quite a variety in the shape, size and materials of the bags, but the end result was largely underwhelming. As for the footwear: I absolutely hate mules! These, in particular, feel both unfinished and overwrought; though the pointed cap toe complemented the ladylike look nicely.