Lauren Fetes Watch Line... Town Hall Debate... Vuitton's Space Age Fantasy...

SHOW REVIEW: The merits — and perils — of an overheated fashion week system have long been debated among the wandering fashion tribe. The industry will get its chance to vent about the issue at a “town hall” meeting at 9 a.m. on July 28 arranged by the Council of Fashion Designers of America and moderated by CFDA president Diane von Furstenberg. Executive director Steven Kolb sent out an e-mail Thursday asking people to attend this “very important” meeting. The shows and their relevance in the current iteration — from timing to their focus on trade versus consumers — are expected to be the subjects of discussion. The meeting will take place at the Fashion Institute of Technology’s Katie Murphy Amphitheatre and comes at a time when retailers are pushing for closer-to-season deliveries, the calendar is crunched, MAC cosmetics is looking to create a new group of shows at Milk Studios in New York and designers are questioning for whom exactly the shows are produced: retailers, consumers, press, TV, the Internet or all of the above.