Lauren catches up with yacht aficionado and designer Diane von Fürstenberg, currently the subject of a traveling exhibit, Diane von Fürstenberg: Woman Before Fashion, which just landed at the Skirball Cultural Center in Los Angeles. They discuss the many iterations of her 50-something-year-old business, what it means to preserve your legacy in fashion, why women designers love Jersey, what it’s like to be married to Barry Diller, and the reason she bothers going to the Allen & Co. conference in Sun Valley every July. Lauren also recaps the week’s headlines, from the Mike Jeffries-Abercrombie bombshell to the F.T.C.’s decision to block the Tapestry-Capri merger.

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