TOLEDO TIME: Organizers of “Isabel Toledo: Fashion from the Inside Out,” an exhibition that will launch at the Museum at the Fashion Institute of Technology June 17, are trying to wrangle the lemongrass ensemble First Lady Michelle Obama wore to the presidential inauguration. The designer, who dressed the First Lady on that historic day, is being honored with what is being called a midcareer retrospective that will include 70 pieces from the Eighties until the present. Known for her high-minded approach to fashion, the show will be classified into Origami, Suspension, Liquid Architecture, Shadow, Shape, Organic Geometry and Manipulated Surfaces. Toledo’s husband Ruben’s illustrations will also be on view through Sept. 26.

TIMBERLAKE DOES OPRAH: William Rast will get a big publicity boost when Justin Timberlake talks up the fashion brand he cofounded with Trace Ayala on The Oprah Winfrey Show today. The pop star is scheduled to appear during Oprah’s “Fridays Live” chatfest from Chicago, which, unlike other days of the week, is not taped. Timberlake will showcase men’s and women’s looks from his fall “New America” collection, which he showed at the Bryant Park tents last month.