I remember covering Space 15Twenty when it was nearing its grand opening in 2008–then covering it again when it had to postpone said opening after a second-floor space above Urban Outfitters caught fire and ruined a bunch of merchandise. Hardly an auspicious start, but it has grown on me: What Goes Around Comes Around, the SoHo vintage shop that opened at 15Twenty last year, is a great addition to the city’s independent retail scene. Co-founders Seth Weisser and Gerard Maione were on hand last night to fete their first anniversary in L.A. and to show off their fall 2010 ready-to-wear collection. Though they’re both steeped in vintage, the collection, as Weisser rightly pointed out, doesn’t have the dusty/faux wear-and-tear of, say, RRL. And it’s a lot more affordable. Peaches Geldof was on hand to celebrate, as was Amanda de Cadenet’s daughter, Atlanta, and … well, frankly I didn’t recognize a lot more names of the up-and-comers who showed up (turning 30 has its stark disadvantages). But it was a fun, chic crowd, and the clothes were sublime. Looking forward to seeing another year of RTW collections from this duo, as well as their vintage finds.