The LVMH Olympics & Blake Lively’s Red Carpet Calamity

Lauren is joined by Puck’s resident sports guy, John Ourand, to talk LVMH at the Olympics, as well as the increasingly co-dependent relationship between fashion and sports. Plus, Lauren shares an update on the never-ending designer musical chairs saga (Galliano to Fendi?!) and weighs in on Blake Lively’s polarizing red carpet looks at the 'Deadpool and Wolverine' premiere.