Politics and pantsuits aside—the Obamas are even making their mark in the world of fashion.

It's Milan Fashion Week and Donatella Versace has decided to dedicate her Spring/Summer 2009 collection to the U.S. Democratic nominee, citing that Obama was the "man of the moment."

Versace, who took over the fashion house in 1998 after the murder of brother Gianni, went on to explain that the pieces were meant for a "relaxed man who doesn't need to flex muscles to show he has power."

The collection, which was showcased on the runway to a soundtrack provided by the Ting Tings, truthfully doesn't look too much like something Obama himself would wear—man sandals, suits with shorts and pink neck scarves, anyone?—though there is an undeniable confidence that's required when wearing half-unbuttoned shiny silk shirts and pastel yellow-colored Members Only-inspired jackets.

Michelle Obama, in the meantime, has been making her own waves when it comes to style: After making an appearance as a co-host on The View last week, the $148 black and white leaf print dress she was wearing from White House/Black Market sold out almost instantly and is now on backorder until mid-August. The purple shift dress/black waist belt/white pearl necklace ensemble she wore when Obama clinched the Democratic nomination also seems to be a favorite—perhaps we have another Jacqueline Kennedy on the horizon.

As a final note, however, Donatella Versace did offer a piece of advice for Barack Obama: "I would get rid of the tie and jazz up the shirt."

See Versace's entire men's Spring/Summer collection here.