Donna Karan

It's a given — when you combine Fashion Week, chic celebs, stylish editors, and amazing retailers, it's going to be a Fab night. To up the ante for Fashion's Night Out's second year, FNO just unveiled its list of nearly 1,000 participants — and about 100 new reasons why this night is about to rock our world — ready?

• Sept. 7 marks the debut of Fashion's Night Out: The Show — the largest public fashion show in NYC history, with more than 150 models and looks staged at Lincoln Center.
• Even if you're not in NYC for the festivities, it doesn't mean you can't party. FNO is going nationwide with parties in Fab cities like Miami, Los Angeles, Chicago, Dallas, and more.
• If you are among the lucky shoppers and "fashion faithfuls" strolling the city, you're bound to run into a slew of designers and celebs: Victoria Beckham and Nicole Richie are hanging at Bergdorf's, while Saks Fifth Avenue is playing host to Donna Karan, Charlotte Ronson, and Zac Posen, and Macy’s Herald Square will welcome a star roster of its own, including Oscar de la Renta and Jessica Simpson.

For even more reasons to love FNO this year, read more.

Mary-Kate Olsen snuggled up to Proenza Schouler's Lazaro Hernandez this afternoon in NYC as they helped announce the plan for this year's Fashion's Night Out at City Hall. Both Mary-Kate and her sister Ashley have their plans for Sept. 10 set already — they're teaming up with us and Fab at their first-ever Elizabeth and James pop up shop! Ashley skipped out on today's press event, leaving Mary-Kate to mingle solo with heavy-hitters like Anna Wintour, Tommy Hilfiger, Marc Jacobs, and even Mayor Michael Bloomberg. Mary-Kate is no stranger to hanging out with politicians, but it's Ashley who hopes to one day dress First Lady Michelle Obama. Ashley told Harper's Bazaar, "I'd love to get Michelle Obama in the Row. The simple suits and things. It's all made in America, so why not?"

Sarah Jessica Parker attended a private screening of The Big C in East Hampton, New York looking as chic as ever in a khaki Donna Karan drape jacket. She paired it with a short gray dress and simple gold sandals, a metallic Judith Leiber clutch and black beaded necklace providing the perfect amount of panache. Shop like items now!

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If you're a musk fan, there are a couple of new scents out right now that are sure to strike your fancy. The first, Bulgari Jasmin Noir ($75), has a deceptively floral name, but 80 percent of the fragrance is a slow-developing musk that gets sweeter and lighter as it ages. It's interesting in that, for me at least, it aged backwards, opening with strong musk and moving on to a lighter, more modern floral. If you don't like mixing flowers with your musk, there's also Donna Karan's Cashmere Mist Liquid Nude ($72). Nude scents have been a trend recently, but Liquid Nude is a standout. It opens with expensive French-milled bath soap, and then quickly shifts to a very realistic smoky leather accord before drying down to an incense/musk. Both fragrances were fun to smell, and pleasantly subtle, so if you're perfume sensitive or looking for something to wear at work, I recommend both.

Yoga fever has hit New York. Just a day after the Times Square Summer solstice yoga-thon, New Yorkers gathered on the Central Park Great Lawn for a record-setting yoga class. Over 10,000 participants practiced in the class, including fashion designer — and Tracy Anderson client —  Donna Karan. The short class — due to rain it lasted less than 10 minutes — was led by Anusara yoga teacher Elena Brower, and is the largest ever registered yoga class to date.

Madonna and Lourdes made a surprise appearance last night at a charity event hosted by Gwyneth Paltrow! Gwyneth's trainer — and Madonna's former one — Tracy Anderson talked about how her A-List client always looks red carpet ready!