Diane von Furstenberg - Women in Fashion

That's a wrap.

Long before Whitney Port moved to The City, Diane von Furstenberg was designing dresses - wrap dresses, to be exact. After marrying the heir to the Fiat fortune, Egon of Furstenberg, Diane decided to make a name for herself.

In 1973, with a $30,000 investment, she began designing women's clothes. Her most famous, the "wrap dress" became a world-wide sensation and even landed her the cover of Newsweek.

In 1985, Diane, who was now divorced, moved to Paris where she set up residence in what became known as the Lowell Nesbitt studio, a place where artists such as Andy Warhol and Jasper Johns came to discuss their craft.

While in Paris, Diane took a hiatus from her business and didn't produce any more collections. In 1997, the DVF line was officially relaunched.

Today, Diane is the president of the CFDA (Council of Fashion Designers of America). In 2001, she married media mogul Barry Diller.

Full disclosure: I'm a huge fan of Diane's. Her dresses are fun, youthful, and always in style. She's come a long way from her original, simple wrap style!