A dispatch from day one (or, if you count Zac by Zac Posen, day one and a half) of New York Fashion Week.

New show reviews and galleries are in! Check out Lisa Perry, Lulu Frost, and Harbison.

Marking a departure from the pop and the jazzy, Lisa Perry--known mainly for her color-splashed, mod-meets-Madison Avenue silhouettes--streamlined her palette for Spring/Summer 2014. In fact, each and every one of her 24 looks appeared in optic or just-off white--but her spirit, which so effortlessly blends vintage and contemporary, wasn’t lost in the washout.

New York fashion week is finally upon us! Our first reviews and galleries are now up, so check them out. M.Patmos showed a lust-inducing collection of luxe knits, Lisa Perry's collection was a mod masterpiece, and Organic by John Patrick introduced "teddy fur" fabric on warm and cozy sweaters. (Perfect for the upcoming NYC blizzard, no?)

For a relatively young brand Lisa Perry certainly has a firm grip on its signature aesthetic: Minimalist, graphic and very mod. And of course the brand's fall 2013 collection was right on the mark.

The Clothes: Bold colors and graphic patterns made a serious impact juxtaposed with the collection's clean and minimal lines. The vibe was very 1960s

Diane von Furstenberg is one popular lady when it comes to the CFDA: The organization announced today that the designer will continue her reign as their president until at least 2014, WWD is reporting, making this her fourth term as president since her election in 2006 (the elections are held every two years) and the second time the board has extended her tenure. In other words, DVF is doing a kickass job and they want her to keep chugging along. "Diane has done an excellent job as CFDA president," Steven Kolb, CFDA chief creative officer, told the trade. "The time and resources she gives and the vision she has created is a huge benefit for our organization and industry."

Another chapter begins in Barneys' tumultuous financial history--and, happily, this one's looking more promising. According to a release, Perry Capital, one of Barneys' financial backers, has just become the majority owner of the company in a deal that reduces Barneys' whopping $590 million debt to a mere $50 million. As per the new agreement, Perry Capital, owned by Richard C. Perry, and The Yucaipa Companies, owned by Ronald W. Burkle, will partner to convert debt for equity in Barneys--meaning that both financiers' now hold a considerable stake in the company, though Perry Capital is still the majority owner.

Jennifer Connelly is a Shiseido Spokeswoman Again, 30 Years Later: The Labrynth co-star is reprising her role as the global face of the Japanese makeup and skincare line - she also appeared in their "Perky Jeans" ad campaign in the '80s. Jen's new campaign for Shiseido will be for its Future Solution LX premium skin care line - which sadly doesn't quite have the same awesome ring to it as "Perky Jeans." {Styleite} LVMH and Dior In Pretty Good Shape: As the global economy grows, so have people's spending habits: LVMH sales have gained 20.4% in the fourth quarter and Dior's revenues have advanced 22%. Luxury brands seem to be increasing in profit and revenue in pretty much every major market sector save for Japan, where last year's devastating natural disasters affected far more than the spending habits of the wealthy. {WWD subscription required} Lisa Perry's Spring Collection is 'Mad About Mod': The designer hosted an intimate luncheon yesterday to celebrate her new '60s-inspired collection, which features mod accents and groovy pop-art inspired prints. It's available at Barneys just in time for spring weather and, of course, the return of Mad Men. {Barneys}

We are so excited for September. While the official list won't be released until August 17th, we just received a huge rundown of events for Fashion's