Fashion News and Shopping For Aug. 7, 2011

If you've missed anything this week, you'll want to catch up. An action-filled week brought us a chat with Rachel Roy with a few of the designer's styling tips and favorite color combos, a peek at Karl Lagerfeld's Macy's collection, and more in the way of Fall fashion that we're currently drooling over. Add that to National Friendship Day and a cool DIY project to make even more of the stackable wrist candy we love, and it was a whirlwind kind of week. Get caught up with our Fab recap now!