House of Dereon collaborated with Senator Barack Obama’s official online store to raise money for his Presidential campaign. Check out the design created by Beyonce and Tina Knowles:

Would you wear this look for $60?

Other notable fashion designers/known folks that contributed to the project, “Runway To Change” are Diane von Furstenberg, Rachel Roy, Verg Vang, Marc Jacobs, Pharrell Williams, Tory Burch, Russell Simmons, Alexander Wang, Charles Nolan, Narciso Rodriguez, Rag & Bone, Derek Lam, Isaac Mizrahi, Proenza Schouler, Brian Reyes, Albertus Swanepoel, Juicy Couture, Maria Cornejo, Nanette Lepore, Costello Tagliapietra, and Tina Lutz & Marcia Patmos.

Change Black T-Shirt by Shawn “Jay-Z” Carter

Obama ’08 Black Long Sleeve T-shirt by Tracy Reese

Obama 08 Love Tote Bag by Diane von Furstenberg

Visit Barack’s official store for more goodies but in the meantime what are your thoughts on the prices and designs?

In related news…

Barack Obama partied with Hollywood celebrities Tuesday night and with the help of Oscar-winning singer and actress Barbra Streisand raised an eye-popping $9 million for his presidential campaign and the Democratic Party. [AP/YAHOO]

Leave it to media mogul Tyra Banks to portray another strong black female. Tyra team up with the fashion industry’s latest superstar Sessilee Lopez to recreate some of the fashion forward looks Diana Ross nailed down in the 1975 cult classic, “Mahogany” for the latest issue of “V” magazine.

I couldn’t resist including this vintage clip of “Theme from Mahogany.” Enjoy!

But where’s Billy Dee Williams?

Scans: models.com/Sessilee Lopez Blog