First Gucci, now Fendi? Aren’t we still in a recession folks? Apparently not, at least when it comes to pint-sized designer duds. Silvia Venturini Fendi is overseeing the Roman house’s latest venture: an upscale kids’ collection in partnership with Italy’s Simonetta SpA. The collection, for newborns to boys and girls up to age 12, was recently unveiled at Pitti Immagine Bimbo in Florence. The made-in-Italy line for little girls boasts soft and pale colors, floral prints, small checks and a bucolic inspiration, according to Venturini Fendi. What do you think?