By Ellen Wulfhorst NEW YORK (Reuters) – The newest in technology is driving the latest in fashion this week in New York, where hundreds of designers are unveiling their looks for spring. From cutting-edge fabrics to wearable smart clothing, technology will be grabbing the spotlight at the semi-annual event that kicked off on Thursday and draws thousands of buyers, media and fans to see the newest styles. “Technology is what’s moving fashion forward,” said Ken Downing, fashion director and senior vice president at Dallas-based retailer Neiman Marcus. This week in New York, Downing said he expects to see romanticized gypsy looks that hearken to the 1970s but are modernized with high-tech patterns or fabrics.