Sharon Raish Garson

Organizers have been trying to streamline the week after a dip in sponsorships.

And they're even helping cover some of the venue costs for smaller brands.

I wanted to get a sense of the New York Fashion Week energy, so I called TV producer Alicia Powell and caught her before the Michael Kors show.

Hey, Alicia.

So set the scene for us.

What's the atmosphere like this year?

Okay, now talk to me about the trends looking across the runways so far.

What are you seeing come through this season?

Let's switch gears.

Remember Draco Malfoy, the kid at Hogwarts who made Harry Potter's life miserable?

Well, forget all that for a second, because in China, for Lunar New Year, he's gotten a surprising rebrand.

Malfoy's surname in Mandarin translates to horse and fortune.

And in the year of the horse, that basically turns him into a good luck charm.

So his face, or rather that of actor Tom Felton, is everywhere.

Plastered on bright red holiday decorations, posters, even phone covers.

And Felton's noticed he's been sharing the memes and articles about it on his Instagram story.

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We'll be back tomorrow with our daily headline show.