| (Mark One)                                                                         |
|------------------------------------------------------------------------------------|
|                                                                               |
| [X]                                                                                | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                               |   |
| For the quarterly period ended: September 30, 2009                                 |
|                                                                               |
| Or                                                                                 |
|                                                                               |
| [  ]                                                                     | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                                               |   |
| For the transition period from ____________ to _____________                       |
|                                                                               |
| Commission File Number: 333-153826                                                 |
|                                                                               |
| FASHION NET, INC.                                                                  |
| (Exact name of registrant as specified in its charter)                             |
|                                                                               |
| Nevada                                                                             | 26-0685980 |
| (State or other jurisdiction of incorporation or organization)                     | (I.R.S. Employer Identification No.) |
|                                                                               |   |
| 11088 Arcadia Sunrise Drive, Henderson, Nevada                                     | 89052 |
| (Address of principal executive offices)                                           | (Zip Code) |
|                                                                               |   |
| (702) 524-1091                                                                     |
| (Registrant's telephone number, including area code)                               |
|                                                                               |
|                                                                               |
|   ____________                                                                |
| (Former name, former address and former fiscal year, if changed since last report) |
|                                                                               |

| Large accelerated filer  [   ]                                                                    | Accelerated filer                   [   ] |
|----------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated filer    [   ]  (Do not check if a smaller reporting company) | Smaller reporting company  [X]                                                                                                                |

| Common Stock, $0.001 par value | 10,170,000 shares                     |
|--------------------------------|---------------------------------------|
| (Class)                        | (Outstanding as at November 16, 2009) |

----

|                                                                                                                            | Page   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                            |   |
| PART I – FINANCIAL INFORMATION                                                                                            | 3      |
|      Unaudited Financial Statements                                                                    | 3      |
|            Condensed Balance Sheets                                      | 4      |
|            Condensed Statements of Operations                            | 5      |
|            Condensed Statements of Cash Flows                            | 6      |
|            Notes to Condensed Financial Statements                       | 7      |
|            Management's Discussion and Analysis and Results of Operation | 11     |
|      Controls and Procedures                                                                           | 13     |
| PART II – OTHER INFORMATION                                                                                               | 15     |
|      Unregistered Sales of Equity Securities                                                           | 15     |
|      Exhibits and Reports on Form 8-K                                                                  | 15     |
| SIGNATURES                                                                                                                      | 16     |

----

PART

Unaudited

----

Condensed

|                                                                                     |   | September 30, |    |   | December 31, |   |
|------------------------------------------------------------------------------------------|--------|---------------|---------|--------|--------------|--------|
|                                                                                     |   | 2009          |    |   | 2008         |   |
|                                                                                     |   | (unaudited)   |    |   | (audited)    |   |
| Assets                                                                                   |   |          |    |   |         |   |
|                                                                                     |   |          |    |   |         |   |
| Current assets:                                                                          |   |          |    |   |         |   |
|    Cash                                                                   |   | $             | 619     |   |         | $      | 2,854 |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Total assets                                                                             |   | $             | 619     |   |         | $      | 2,854 |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Liabilities and Stockholders’ Equity (deficit)                                     |   |          |    |   |         |   |   |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Current liabilities:                                                                     |   |          |    |   |         |   |   |   |
|    Accounts payable                                                       |   | $             | 8,449   |   |         | $      | 449 |   |
|    Note payable                                                           |   |          | 1,000   |   |         |   | - |   |
|       Total current liabilities                            |   |          | 9,449   |   |         |   | 449 |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Total liabilities                                                                        |   |          | 9,449   |   |         |   | 449 |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Stockholders’ equity (deficit)                                                     |   |          |    |   |         |   |   |   |
|    Common stock, $0.001 par value, 75,000,000 shares                      |   |          |    |   |         |   |   |   |
|       authorized, 10,170,000 shares issued and outstanding |   |          | 10,170  |   |         |   | 10,170 |   |
|    Additional paid-in capital                                             |   |          | 13,209  |   |         |   | 13,209 |   |
|    (Deficit) accumulated during development stage                         |   |          | (32,209 | )      |         |   | (20,974 | ) |
| Total stockholders’ equity (deficit)                                               |   |          | (8,830  | )      |         |   | 2,405 |   |
|                                                                                     |   |          |    |   |         |   |   |   |
| Total liabilities and stockholders’ equity (deficit)                               |   | $             | 619     |   |         | $      | 2,854 |   |

----

Condensed

|                                                      |   | Three Months Ended |       |   | Nine Months Ended |   |       | Inception           |   |
|-----------------------------------------------------------|--------|--------------------|------------|--------|-------------------|--------|------------|---------------------|--------|
|                                                      |   | September 30,      |       |   | September 30,     |   |       | (August 7, 2007) to |   |
|                                                      |   | 2009               |       |   | 2008              |   |       | 2009                |   |   | 2008 |   |   | September 30, 2009 |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |
| Revenue                                                   |   | $                  | -          |   |              | $      | -          |                |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Expenses:                                                 |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
|    Executive compensation                  |   |               | -          |   |              |   | -          |                |   |   | - |   |   |   | - |   |   |   | 10,000 |   |
|    General and administrative expenses     |   |               | 1,000      |   |              |   | 5,000      |                |   |   | 11,235 |   |   |   | 5,639 |   |   |   | 22,209 |   |
|       Total expenses        |   |               | 1,000      |   |              |   | 5,000      |                |   |   | 11,235 |   |   |   | 5,639 |   |   |   | 32,209 |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Loss before provision for income taxes                    |   |               | (1,000     | )      |              |   | (5,000     | )                   |   |   | (11,235 | ) |   |   | (5,639 | ) |   |   | (32,209 | ) |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                                |   |               | -          |   |              |   | -          |                |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                  |   | $                  | (1,000     | )      |              | $      | (5,000     | )                   |   | $ | (11,235 | ) |   | $ | (5,639 | ) |   | $ | (32,209 | ) |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of                                |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
|    common shares outstanding – basic |   |               | 10,170,000 |   |              |   | 10,170,000 |                |   |   | 10,170,000 |   |   |   | 10,104,726 |   |   |   |   |   |
|                                                      |   |               |       |   |              |   |       |                |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss per share – basic                          |   | $                  | (0.00      | )      |              | $      | (0.00      | )                   |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |

----

Condensed

|                                                                         |   | For the nine months ended |    |   | Inception           |   |
|------------------------------------------------------------------------------|--------|---------------------------|---------|--------|---------------------|--------|
|                                                                         |   | September 30,             |    |   | (August 7, 2007) to |   |
|                                                                         |   | 2009                      |    |   | 2008                |   |   | September 30, 2009 |   |
| Operating activities                                                         |   |                      |    |   |                |   |   |   |   |
| Net (loss)                                                                   |   | $                         | (11,235 | )      |                | $      | (5,639 | ) |   | $ | (32,209 | ) |
| Adjustments to reconcile net (loss) to                                       |   |                      |    |   |                |   |   |   |   |   |   |   |
|    net cash (used) by operating activities:                   |   |                      |    |   |                |   |   |   |   |   |   |   |
|       Shares issued for executive compensation |   |                      | -       |   |                |   | - |   |   |   | 10,000 |   |
| Changes in operating assets and liabilities:                                 |   |                      |    |   |                |   |   |   |   |   |   |   |
|       Increase in accounts payable             |   |                      | 8,000   |   |                |   | - |   |   |   | 8,449 |   |
| Net cash (used) by operating activities                                      |   |                      | (3,235  | )      |                |   | (5,639 | ) |   |   | (13,760 | ) |
|                                                                         |   |                      |    |   |                |   |   |   |   |   |   |   |
| Financing activities                                                         |   |                      |    |   |                |   |   |   |   |   |   |   |
|    Donated capital                                            |   |                      | -       |   |                |   | - |   |   |   | 4,879 |   |
|    Proceeds from note payable                                 |   |                      | 1,000   |   |                |   | - |   |   |   | 1,000 |   |
|    Issuances of common stock                                  |   |                      | -       |   |                |   | 10,260 |   |   |   | 8,500 |   |
| Net cash provided by financing activities                                    |   |                      | 1,000   |   |                |   | 10,260 |   |   |   | 14,379 |   |
|                                                                         |   |                      |    |   |                |   |   |   |   |   |   |   |
| Net increase (decrease) in cash                                              |   |                      | (2,235  | )      |                |   | 4,621 |   |   |   | 619 |   |
| Cash – beginning                                                       |   |                      | 2,854   |   |                |   | 200 |   |   |   | - |   |
| Cash – ending                                                          |   | $                         | 619     |   |                | $      | 4,821 |   |   | $ | 619 |   |
|                                                                         |   |                      |    |   |                |   |   |   |   |   |   |   |
| Supplemental disclosures:                                                    |   |                      |    |   |                |   |   |   |   |   |   |   |
|    Interest paid                                              |   | $                         | -       |   |                | $      | - |   |   | $ | - |   |
|    Income taxes paid                                          |   | $                         | -       |   |                | $      | - |   |   | $ | - |   |
|                                                                         |   |                      |    |   |                |   |   |   |   |   |   |   |
| Non-cash transactions:                                                       |   |                      |    |   |                |   |   |   |   |   |   |   |
|    Shares issued for executive compensation                   |   | $                         | -       |   |                | $      | - |   |   | $ | 10,000 |   |
|    Number of shares issued for executive compensation         |   |                      | -       |   |                |   | - |   |   |   | 10,000,000 |   |

----

Notes

----

----

----

----

Management's

|   | 1. | In August 2007, we issued 10,000,000 shares of our common stock to Evelyn Meadows, our sole officer and director, in exchange for services performed valued at $10,000. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | In April 2008, we sold 170,000 shares of our common stock to twenty-eight non-affiliated purchasers for cash in the amount of $8,500, in an offering made under Regulation D, Rule 505, of the Securities Act of 1933, as amended. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | In August 2009, a non-affiliated, third-party entity loaned us $1,000 in cash for operating capital.  The note carries no interest and is due on demand. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | Through September 30, 2009, Ms. Meadows has contributed cash in the amount of $4,879 to us for operating capital.  The funds were donated and are not expected to be repaid. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

Controls

|   | 1. | Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company; |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 1. | Lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Inadequate segregation of duties consistent with control objectives; and |
|--------|----|--------------------------------------------------------------------------|

|   | 3. | Ineffective controls over period end financial disclosure and reporting processes. |
|--------|----|------------------------------------------------------------------------------------|

----

|   | 1. | We have been seeking to appoint additional outside directors on our board of directors, whom we also intend to appoint to an audit committee.  However, most candidates have requested that we obtain an insurance policy to protect them.  Unfortunately, at this time, due to our limited financial resources, we are unable to do so.  Our search efforts continue, nonetheless. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | We desire to hire additional personnel, among whom to divide financial and operational responsibilities.  As mentioned prior, our capital resources do not provide us the funds with which to hire anyone.  Therefore, we are, unfortunately, unable to remedy this deficiency at this time.  As funds become available to us, we will re-evaluate job candidates. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | We attempted to develop an internal control procedures manual.  However, after evaluating period end financial disclosure and reporting processes, we note that there remain deficiencies.  We are attempting to identify and fix such deficiencies. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

PART

Unregistered

Exhibits

| Exhibit Number                                                                                                                                                              | Name and/or Identification of Exhibit                                              |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------|
|                                                                                                                                                                        |                                                                               |
| 3                                                                                                                                                                           | Articles of Incorporation & By-Laws                                            |
|                                                                                                                                                                        |                                                                               |
|                                                                                                                                                                        | (a) Articles of Incorporation *                                                    |
|                                                                                                                                                                        |                                                                               |
|                                                                                                                                                                        | (b) By-Laws *                                                                      |
|                                                                                                                                                                        |                                                                               |
| 31                                                                                                                                                                          | Rule 13a-14(a)/15d-14(a) Certifications                                            |
|                                                                                                                                                                        |                                                                               |
| 32                                                                                                                                                                          | Certification under Section 906 of the Sarbanes-Oxley Act (18 U.S.C. Section 1350) |
|                                                                                                                                                                        |                                                                               |
| *  Incorporated by reference herein filed as exhibits to the Company’s Registration Statement on Form S-1 previously filed with the SEC on October 3, 2008. |

| 8-K Filed Date   | Item Number                                                  |
|------------------|--------------------------------------------------------------|
|             |                                                         |
| August 5, 2009   | Item 4.01 Change in Registrant’s Certifying Accountant |
|             | Item 9.01 Financial Statements and Exhibits                  |
|             |                                                         |
| November 5, 2009 | Item 4.01 Change in Registrant’s Certifying Accountant |
|             |                                                         |

----

SIGNATURES

| FASHION NET, INC.  |
|--------------------|
| (Registrant)       |
|               |
| Signature          | Title | Date |
|               |   |   |
| /s/ Evelyn Meadows | President, CEO and Director | November 16, 2009 |
| Evelyn Meadows     |   |   |
|               |   |   |
| /s/ Evelyn Meadows | Chief Financial Officer | November 16, 2009 |
| Evelyn Meadows     |   |   |
|               |   |   |
| /s/ Evelyn Meadows | Chief Accounting Officer | November 16, 2009 |
| Evelyn Meadows     |   |   |

----