Several years ago, Wall Street Journal fashion editor Teri Agins wrote a book called The End of Fashion. It detailed the way small fashion houses had become big corporations, and how other smaller brands were getting vacuumed into a system that stressed bottom lines above experimentation and creativity. Teri's prognosis was bleak: soon all clothes would look the same, and style would be dead. That hasn't quite happened - yet- but the WSJ's new chart, called Who Owns What, will certainly make you dizzy. Among the family ties: Karl Lagerfeld and Marc Jacobs have both worked for Louis Vuitton - that house owns Fendi, where Karl likes to explore his feather fetish. Stella McCartney is famously anti-fur, but she's owned by the Gucci group, which uses a lot of mink on its runways. Next time you're embarrassed about a pair of Nine West shoes, remember their company also owns Barneys. And Liz Claiborne owns both Juicy Couture and C&C California, which is funny, because we still can't tell the difference.
Several years ago, Wall Street Journal fashion editor Teri Agins wrote a book called The End of Fashion. It detailed the way small fashion houses had