While the trickle-down effect might not be working out so well in the financial sector, there is one industry where it is always in full-force: the fashion industry. What starts out on the catwalks in Paris or Milan quickly works its way into the closets of celebrities and onto the streets of Hollywood. Eventually, it makes its way down to the masses. One hot new fashion trend bound to make the trek from catwalk to your neighborhood is the dominatrix look.

The S&M variety of attire has been spotted on everyone from the Pussycat Dolls to Rihanna, Mena Suvari, Christina Aguilera, Madonna,Supermodel Agyness Deyn ,Britney Spears, Janet Jackson, Paris Hilton, Fergie, Victoria Beckham, Charlize Theron, and even Gwyneth Paltron. With leading ladies such as these sporting the edgy look, there's no doubt that our favorite retailers will also soon be picking up on the trend, if they haven't already.

Mothers and fathers beware, the next round of fashion staples your daughters may be asking for are a pair of black leather or PVC knee-high boots and a pleather corset. Head to your local Hot Topic store if you're willing to go along with it.