BRAVO is bouncing back from the loss of PROJECT RUNWAY with a similiar competion called THE FASHION SHOW. Hosted by KELLY ROWLAND and ISAAC MIZRAHI, the show follows a group of new designers as they work odd-ball materials into fabulous frocks. FERN MALLIS (one of the judges on the show and the woman largely credited with creating Fashion Week) spoke with us about the show and we asked if ‘fashion’ should be a concern during the biggest recession this country has seen in decades. Listen in below:

THE FASHION SHOW debuts on BRAVO on 5/7