Recession or not, Mark Badgley and James Mischka are known for red-carpet dressing. Their glittering gowns have been worn by sizzling screen sirens such as Kate Winslet and Julia Roberts, and their bridal collection, Badgley Mischka Bride, is designed for the most glamorous. Now Badgley Mischka are giving us something to cheer about with their newly launched diffusion line called Mark & James Bridal, a youthful collection—priced from $2,000–$4,000—of 12 Old Hollywood–inspired silk gowns in signature sexy mermaid and fishtail silhouettes. And they have all the show-stopping details the duo’s known for including their mastery of lace and beading and vintage-inspired touches. The Mark & James Bridal collection launches next spring 2010 at fine bridal boutiques.