This coming Sunday, May 12 (Mother’s Day! Don’t forget!), the Style Network will debut fashion’s latest reality show: XOX, Betsey Johnson.

The debut follows a pretty tumultuous year for the energetic designer, from declaring bankruptcy and closing all her stores, to throwing a huge 70th birthday bash, to Steve Madden taking over her company. We got a sneak peek at the first episode, and Betsey is surprisingly open about her past business problems and, well, everything–from her relationship with her daughter to what’s really inside her water bottle while she’s working out with her trainer (a mimosa). We recommend watching–it’s quite entertaining.

Read on for our interview with Betsey, in which she dishes on the state of her business, why she agreed to do the show in the first place, her new job “without the hard stuff,” and what she thinks of the whole punk-themed Met gala (which she did not attend).

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