Fashion's newest darling: a toothless, Instagram-famous Cavalier King Charles Spaniel named Toast.

• Michelle Obama wore Donna Karan to the $10,000-a-head fundraiser Karan threw her. PETA protested the event, because Karan uses fur, and PETA will do anything for a headline. "She is gorgeous and smart," said guest Diane von Furstenberg. [WWD]

New Zealander Karen Walker's clothes always pack a punch, mixing wearability with whimsy — which is precisely why, we're guessing, we saw Teen Vogue's Amy Astley front and center at the show on Thursday. Walker's Spring/Summer 2008 collection conjured memories (inherited memories, that is) of a sort of "Best Of" of…