In a nod to the fantastical, Paris Haute Couture Fashion Week 2012 commences Monday in Paris, France.  From Jan. 23 through Jan. 26, designers will flaunt their most flamboyant fashions for all the world to see.

Paris Haute Couture Fashion Week overrides smaller shows, like the Couture Fashion Week New York and Italy's AltaRoma AltaModa Couture Fashion Week. It is the crème de la crème of ostentatious designs and unapologetic extravagance.

The week is reserved for only the most dramatic and daring designers, including Jean Paul Gaultier, Christian Dior, Givenchy and Chanel. A special guest this year is Atelier Versace who has not participated in Paris Haute Couture Fashion Week since 2004.

In honor of the event, Parisian boutique Montaigne Market is offering a limited edition Valentino handbag, exclusively designed for the week. The Valentino Va Va Voom So Black handbag will be available Jan. 26.  

Here is the full schedule of shows for the week, via Yahoo! News.

Monday, January 23

10:30 VERSACE 11:30 CHRISTOPHE JOSSE           12:30 BOUCHRA JARRAR 13:30 ALEXIS MABILLE 14:30 CHRISTIAN DIOR 16:00 MAURIZIO GALANTE       18:00 ADELINE ANDRÉ  19:30 GIAMBATTISTA VALLI      20:30 IRIS VAN HERPEN

Tuesday, January 24

10:00 CHANEL  12:00 CHANEL  14:30 GIORGIO ARMANI PRIVÉ 15:30 ATELIER GUSTAVOLINS 16:30 STÉPHANE ROLLAND       17:30 GIVENCHY            18:30 ALEXANDRE VAUTHIER 20:00 JULIEN FOURNIÉ

Wednesday, January 25

10:00 ON AURA TOUT VU 11:00 FRANCK SORBIER 12:30 ELIE SAAB 13:30 YIQING YIN 14:30 JEAN PAUL GAULTIER   16:00 MAXIME SIMOENS 18:30 VALENTINO

Thursday, January 26

9:30 CHAUMET (by appointment) 10:00-18:00 DIOR JOAILLERIE (by appt.) 10:30-18:00 CHANEL JOAILLERIE (by appt.) 11:00-18:00 VAN CLEEF & ARPELS JEWELRY (by appt.)