The scene is dividing amongst itself, due to purists who feel the scene is about music only, and those who have taken the scene fashion to be almost, if not equally, as important as the music itself. Some of the fashionable scenesters stick to their musical roots, but often due to the aforementioned trickle-down effect, there are people joining the scene who are not interested in the music, but are only in it for the attention.
Love this movie and this clip. In this scene fashion editor (played by Kay Thompson creator of the Eloise picture books) decides that PINK will be the latest thing. Because Funny Face is a musical her brainstorm turns into a (fabulous) song and dance number.