In the world of professional chefs and serious foodies, many japanese knife styles have become popular in the last 10 years or so. They have taken precedence over the european styles, although the most popular of these styles the gyoto, shares many similarities with both the french and german chefs knife. There are several reasons for this, one is that the japanese blades tend to be harder, requiring fewer sharpenings, and they tend to be thinner, which allows for easier slicing. The term "High performance kitchen knife" embodies these characteristics. The other reason for the switch is that the japanese seem to have a particular style of knife for every task, I certianly have seen more styles attributed to them than any other culture.
The trend at the moment seems to revolve mostly around the thinner styles, with wide blades and quite long.
Please keep in mind that some of these guys use their knives for 8-10 hours a day and up to 6 days a week, they really demand high performance.