Fall '05 Fashion Trends from fashion.about.com: Black, Romance, Volume.
The "black is back" hype indicates one of the reasons that many women are ignoring fashion magazines: for them, black never went away and it's the fashion magazines that tried to sell them on color.
Speaking of black, I'd like to volunteer some advice about mixing colors with black. Although the Books by Trinny and Susannah of BBC's What Not to Wear have had mixed reviews, I do agree with their advice that combining colors with black generally cheapens the color. Softer (less saturated) or lighter (higher value) shades of blue, pink, and lilac are more flattered by dark browns or charcoal than by black. You can also strive for a color scheme in variations of a single hue (also referred to as a "tonal color scheme").
Although directed to quilters, the Color Workshop from QuiltWoman.Com provides information about color, hue, value, and saturation.