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"There may not be official, Harvard-approved data that Kate Middleton&amp;#x27;s fashion choices will translate into big bucks for designers, like there is for Michelle Obama, but the princess-to-be is already well on her way to becoming a serious trendsetter. Kate and Prince William made their official engagement announcement yesterday afternoon at Clarence House, and she chose a silk jersey dress by Issa for the occasion (in a gorgeous shade of blue that matched the 18-carat sapphire ring that once belonged to Princess Diana!). And according to Red Carpet Fashion Awards, the dress sold out on Matches Fashion within minutes! Sign up for our style newsletter and get the best of our fashion blog, delivered straight to your inbox! The $500 frock is still available in a couple of places, but we&amp;#x27;re guessing it won&amp;#x27;t last long. Here&amp;#x27;s our version of the look for less: More BCBG MAX AZRIA... What do you think, gals? Does Kate have what it takes to be the next big style icon? Are you into her look? Are you surprised to see how quickly people are scrambling to adopt her style? Would you wear this dress? Discuss! Then...get all of the details on the engagement...and...take a look back at their royal courtship! Photo: Chris Jackson/Getty Images News Want more celebrity style and fashion news? Follow STF on Twitter! Latest Tweets!Follow us on Twitter!jQuery(&amp;quot;.blog-tweets&amp;quot;).tweet({username:[&amp;quot;glamour_fashion&amp;quot;,&amp;quot;cindi_leive&amp;quot;], count: 3}); "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.glamour.com/fashion/blogs/dressed/2010/11/the-royal-fashion-effect-kate>