Derek Lam invited New York’s fashion director Harriet Mays Powell to his studio, and our cameras tagged along. Will Lam use lace for fall 2008? Or will he go with embroidery and pleating? It’s all out on his design table, but Lam wouldn’t get specific beyond admitting that purple and green are his favorite colors. But his fashion philosophy is worth remembering: “If a woman feels comfortable in her skin, then she’s the best-dressed one out there.” For more advice from Derek Lam, watch the video.