Olga Kapustina is set to showcase her first runway collection. The designer, who quietly won the favors of Reese Witherspoon, Angelina Jolie, and Cameron Diaz, will present her Spring ’08 line at the Chelsea Art Museum on Friday, September 7th at 12:00 pm.

The Belarus-born creator has never staged a formal industry presentation but has been doing extremely well at her main retail outposts at Barneys and Fred Segal.

We’re hearing that her glamorous fans like Mischa Barton, Mandy Moore, Parker Posey, and Rachel Bilson will be receiving invites for the designer’s highly anticipated runway debut.

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