IDEO of the Fashion World

I just want to take a moment to applaud girls and women of Purdue University campus in not running around in Ugg boots this season. So far, I have seen some amazing boots! I am so happy every person has their own style and are able to show it off in a pair of amazing boots that are not made of sheepskin and fur. I don't want to take all the credit by saying my blog helped the entire campus, but lets face it, this is the go to fashion blog of the techie world. (Note: Heavy sarcasm in the last sentence). Switching Gears.
What if there was a company not unlike IDEO in the fashion world? A company that is almost like a think tank and creator for anything fashion related. I realize that this sounds a lot like the role of fashion designers, but is there anyone out there that makes fashion related things for consumers being heavily hit in their pocketbooks by the current economy? It would be amazing to have a company out there that would have people go to the high fashion and couture shows in NYC, Paris, and Milan and come back with ideas to re create these looks using different patterns and fabrics, but have them priced at an easily accessible price for all consumers.