Wall Street might be dancing on the rim of a volcano, but Donna Karan
is swinging in the streets: Her brightly hued "Manhattan Tango" Resort was a celebration of confidence and femininity, not to mention wearability. "We're aiming for complete flexibility," Karan said. No stretch of the imagination is necessary to picture how these looks—a rounded-shoulder, bow-tied, paper-thin leather jacket; a peplumed tux; a sensually draped dress with lingerie detailing; a white twist-tie blouse and full print skirt—would fit into an ideal summer wardrobe. And Karan's nautical striped espadrilles should put a spring in anyone's step.