"You're wearing highwaters!" we'd giggle, back when I was a teenager, to boys whose pants showed some ankle. Now, though, showing some ankle is apparently very, very cool.

As David Colman reports in the Style Section of today's New York Times, designer Thom Browne has raised the mark -- quite literally -- with his $3,500 suits. Despite impeccable tailoring, they ride a bit high ... by design. And with clients like David Bowie and George Stephanopolous, Browne has become the it-boy of men's fashion. He's even signed a two-year deal with Brooks Brothers to give the brand a bit more edge.

Browne's line, of course, has going for it than just short man-pants. Check it out here.