First Lady Michelle Obama picked fashion insider Isabel Toledo, 47, to design her Inaugural ensemble. The glamorous, creamy yellow dress and matching overcoat were made of satin-backed wool guipure, a kind of lace used most often in French haute couture. Obama accessorized the look with a sparkling crystal necklace and green leather gloves and shoes. Although the First Lady’s office repeatedly said that Obama would not decide on her outfit until this morning, the choice — including the color, fabric and accessories — shows a lot of confidence and planning on the wearer’s part.