How about this for a high-profile first project? After LVMH CEO and style billionaire Bernard Arnault appointed the much-hailed Phoebe Philo (former Chloe creative director) to the creative director position at Celine, the heels of fashionistas everywhere have been set on edge waiting for her debut collection. Finally, the time is here. The Daily reports that her first unveiling will be the resort wear 2009-10 collection. Props go out to Philo, who some thought would be a casualty at the French fashion juggernaut after a rift was reported between her and current CEO Marco Gobbetti, who hails from Givenchy. Apparently, ready-to-wear heals all wounds.