Los Angeles Times

Diane von Furstenberg, creator of the wrap dress, is a champion for women's causes. What else does her future hold?

LOS ANGELES - On an overcast afternoon, a day before Diane von Furstenberg's annual Oscars luncheon for female nominees in all categories, the fashion designer and philanthropist didn't appear concerned about the gloomy L.A. weather.

While the main house of the gated Beverly Crest estate she shares with billionaire husband Barry Diller was being readied for guests, Von Furstenberg, who was accompanied by one of her employees, sat down in an oversized lounge chair in a spacious room in the guest house.

"Hollywood is very exciting right now," she said, naming Reese Witherspoon and Kerry Washington among those to watch. "And there are a lot of women who are in charge. ... Would you believe that no one ever had the idea of honoring women

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