Stacy and her friend Tracy have been through some rough times. First, during one of their daily phone calls, Tracy listened in shock as Stacy warded off a would-be intruder by yielding her Rachael Ray knife.

Ever thankful that Rachael helped saved Stacy's life, the women promised Rachael they'd do anything to repay the favor. So Rachael sends them out to Olympus Fashion Week in New York City to report back on the latest runway do's and don'ts.

After rubbing elbows and sipping champagne with the crème de la crème of the fashion world (Betsey Johnson, Bill Blass and Tibi), Stacy and Tracy return to the studio to share some of the tips they learned.

Go for monochromatic combinations

One color can be slimming - doesn't have to be black.

Don't be afraid to wear prints

If you're used to solids, start with one new piece that's got a print to test the waters.

Accentuate your assets

Pointing to her backside, Rachael explains that she often highlights her waist and covers up down below!