I joined these TFS boards specifically for this thread. I found it through a search trying to find different definitions of "wearable art". This discussion has brought up some really really juicy points! I thought I might contribute a bit...
It seems to me that everyone is actually debating whether fashion is an applied art, a fine art, or a decorative art. It's obvious we have disagreements but it seems to me they stem from how we perceive fashion's place in that dynamic. It can change over time, too, so that makes it even more complicated.
At this debate's heart, though, are really three questions: Do you collect fashion, if so why, and what do you do with your collection?
I think there are greater ramifications for the industry as a whole when one steps back to think about what's "worthy" of collecting... Do designers do their work with that in mind? Do specific lines tend to be more "collectable"? Is there a potential market in the future for more attire that is less practical/wearable?
Could vintage clothing dealers be considered gallery owners? Could clothing be considered soft sculpture, and displayed in museums (or homes) as such? Will the china hutches of the future (that contain rarely used delicate dishes) someday stand side by side with a glass closet display case?
What of all the attire that's already displayed in museums? What is the difference between appreciating the design/crafting of those pieces versus how we appreciate a painting?
Fashion has made social/political commentary just like our other great works of fine art, so what's the difference? Has it not contributed to how we perceive our world just as radically as some of our great artists responsible for impressionism or cubism or other artistic movements?
I think it's interesting to ponder. It's simply how we understand fashion's function (or lack thereof) that colors our collecting sensibilities. And I'd venture to guess that fashion may be developing new functions (or unapologetic lack of it) more and more everyday...