Three generations of Missoni: Angela, Rosita, and Margherita(01 of17)
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Margherita and Teresa Missoni(02 of17)
Open Image ModalStarting from scratch, the Missoni empire has been family run since it\'s start in 1953 thanks to Ottavio and Rosita Missoni. The traditional Italian grandparents to Margherita (left) and Teresa (right) have fostered the tight-knit company from generation to generation. The Missoni founders included their three children into the family business, one of which was their daughter Angela, who holds the title of creative director. Angela passed the Missoni legacy down to her daughters: Teresa, 22, has been praised for her effortless Bohemian-chic style, and has also expressed interest in exploring a career outside of the family business. Margherita, 28, is the accessories designer of Missoni, an aspiring actress, a model, and is also the \"unofficial muse\" of the Missoni brand. Margherita is next in line to predominately run the family-bred fashion house some day. But one thing is for certain with the gorgeous Missoni sisters: You can always bet they\'ll be decked out in head-to-toe Missoni on any given sighting...I mean, can you blame them? (Getty photo)
Angela Missoni with daughters Margherita and Teresa(03 of17)
Open Image ModalRalph and Dylan Lauren(04 of17)
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Dylan Lauren(05 of17)
Open Image ModalDylan Lauren, 34 (also known as the \"Candy Queen\") made every little kid\'s dream come true with Dylan\'s Candy Bar, as inspired from her childhood memories of watching Willy Wonka. The magical Candy Land is a tourist attraction, as well as a worthy NYC staple for anyone- old or young- with a sweet tooth. Ralph Lauren\'s little girl got married this summer, and currently resides in NYC. (Getty photo)
Donna and Gabby Karan(06 of17)
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Gabby Karan(07 of17)
Open Image ModalStylish genes run in the family for Donna Karan\'s daughter, Gabby- who also takes after her mom with nearly mirror image looks, too. DKNY was inspired by Gabby herself, who helped shape the more youthful and lower-priced line. Gabby also happens to be a a restauranteur and owns two restaurants in New York, and hopes to expand. (Getty photo)
Diane von Furstenberg and her former-daughter-in-law, Alexandra von Furstenberg(08 of17)
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Alexandra von Furstenberg(09 of17)
Open Image ModalAlexandra, 39, is the image designer for her former mother-in-law\'s brand, Diane von Furstenberg. She also helped to revive the famous 70s DVF wrap dress, which made a huge comeback thanks to her efforts. In 1995 Alexandra married Diane\'s son, prince Alexander von Furstenberg, whom she has two (prince and princess) children with. However, the two divorced in 2002. Now, Alexandra has a successful contemporary furniture company that she created in 2007, and she also designs for. (Getty photo)
Calvin Klein With Daughter Maci(10 of17)
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Marci Klein (with ex-boyfriend Alec Baldwin)(11 of17)
Open Image ModalMarci Klein may not have stayed in the family biz of fashion, but the four-time Emmy Award winning TV producer has done just fine on her own. She\'s best known for her work with 30 Rock and Saturday Night Live. Calvin Klein\'s only child is also known for her relationship with Alec Baldwin, who even dubbed her \"the greatest producer in the history of broadcast television,\" in his 2007 Golden Globes acceptance speech. (Patrick McMullan photo)
Tommy Hilfiger with daughter Ally (12 of17)
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Allegra and Donatella Versace(13 of17)
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Allegra Versace(14 of17)
Open Image ModalAllegra Versace is heir to the Versace throne and is Donatella\'s only child. The 25-year-old has had a turmoil battle with anorexia for many years, which Donatella has also publicly acknowledged due to her daughters prominent absences while entering in eating disorder rehabs. Allegra owns about half of the Versace empire, which she inherited on her 18th birthday. (Getty photo)
Silvia Fendi with daughters Leonetta and Delfina Fendi(15 of17)
Open Image ModalSilvia Fendi is head of accessories for the Italian label, as well as designer of the Mens line. She represents the third generation of the Fendi family. Both the Fendi Spy bag in 2005and the B Fendi in 2006 was some of her greatest accomplishments to date. (Getty photo)
Delfina and Leonetta Fendi(16 of17)
Open Image ModalPictured here in a recent W Magazine spread, the fourth-generation Fendi sisters are growing up fast. Delfina (left) had a child at only 19-years-old. Now at age 24, she is already successful jewelry designer. Delfina\'s half-sister Leonetta is only 16-years-old. But the youngster- who shares a special bond with Kate Moss- is already BFF\'s with the fashion elite.
Carolina Adriana Herrera and Carolina Herrera(17 of17)
Open Image ModalCarolina Adriana Herrera de Baez, daughter of the Venezuelan designer Carolina Herrera, has worked on her mother\'s brand over the years, and also designed a special collection of satchel handbags. (Getty photo)