Lauren’s guest is Ian Schrager, co-founder of Studio 54 and proprietor of Public Hotels, which is opening a new location on Sunset Boulevard in West Hollywood. They discuss the new hotel and how he got into the business in the first place, and dive deep into all the fashion-industry characters who drove the rise of ready-to-wear. Plus, a bigger question: Are people today more or less interesting in how they look and what they spend their money on?

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