The Most Fabulous 1920s Fashions From 'The Great Gatsby' Trailer [PHOTOS, VIDEO]

Gatsby believed in the green light, the orgastic future that year by year recedes before us. It eluded us then, but that's no matter-tomorrow we will run faster, stretch out our arms farther. . . . And then one fine morning -- So we beat on, boats against the current, borne back ceaselessly into the past.

Decadence, revelry, love and hopelessness, the themes of The Great Gatsby are surely some of the most memorable in American literature. Now, the F. Scott Fitzgerald novel-turned-film has been re-adapted once again. The Baz Luhrmann-directed film stars the likes of Leonardo DiCaprio (Jay Gatsby), Carey Mulligan (Daisy Buchanan), Tobey Maguire (Nick Carraway) and Isla Fisher (Myrtle Wilson).

The Great Gatsby official trailer was released on Wednesday and viewers were swept up in a whirlwind and thrust back to New York City in 1922, when the buildings were higher, the parties were bigger, the morals were looser and the liquor was cheaper. New York's upper crust became so sated the restlessness approached hysteria.

The trailer opens with carousers zooming across a bridge into the city, laughing and drinking glasses of champagne, as Jay-Z and Kanye West's No Church in the WIld plays in the background.

When it was announced that The Great Gatsby was being remade, starring Carey Mulligan and featuring model Gemma Ward, the fashion world squealed. Catherine Martin is the costume designer at the helm of the revamped classic. She has worked on other films like Moulin Rouge! and Romeo + Juliet. Esquire's Kurt Soller is betting The Great Gatsby will be the most stylist movie ever, changing the way we think about period movie costumes.

At its core, Gatsby is is a story about clothes, about the wealth and power the right ones can suggest, even if the wardrobe is actually nothing more than a cipher or, more accurately, a disguise. There are waiters in white dinner jackets, and lots of black tuxedo trousers. There's one outfit that appears throughout much of the trailer where Leo DiCaprio, as the man himself, wears a white vest, a slate shirt, and a rust tie that looks dusty and deco all at once. It's beautiful, and so are the other garments briefly revealed in these less-than-three-minutes. Apparently, James Gatz prefers vests almost as much as flappers in tight, spangled, dresses, wrote Soller.

Carey Mulligan herself is a fashion-world darling. The 26-year-old is the unofficial muse of Prada and has a milky beauty perfect for a 1920s motif. Carey Mulligan is the perfect Daisy, clad in an array of flapper dresses, furs and, most importantly, barrettes and bedazzled headpieces that do the time period justice, wrote Fashionista.

Here are the most fashionable moments from The Great Gatsby trailer.

*Specifics about 1920s fashion contained in this article come from Vanity Fair's piece on Roaring 20s fashion. Click here to read the full article.