At the end of last year, during Super Sale Season 08, we were wondering what would happen after everyone got used to even the big stores discounting deeper than we thought was possible. And here’s what: Believe it or not, some brands are reportedly dropping their prices. According to WWD, both Oscar de la Renta [...]
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Last week on South Audley Street in Mayfair, London’s Rick Owen‘s store opened alongside its pretty cool neighbours, Marc Jacobs, Dover Street Market (DSM) and the pap-favourite Scotts restaurant. Thursday, Lanvin is to open its doors in the same hood. On a “go-see”, DSM and Rick Owens were completely empty. Going west, a smidge past [...]
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Parties? They’re still happening, but opposed to the good old days (last year), where it was three or four fashion events/private views/store openings/dinners/etc per week. This year, it’s just one(ish) – and its always a bun-fight*. At a recent soiree, there was a strict one tipple** per guest rule. Call it the the English Revolution [...]
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The Wall Street Journal just reported that Claudio Scajola, Italy’s minister of economic development, has made good on his promise to pump some money back into the ailing fashion industry in his home country. He’s meeting with fashion industry leaders tonight in Rome at 7pm local time to present them with a plan that should [...]
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Is Hachette gearing up for another magazine? There’s someone going around Paris taking street style photos on behalf of “a new French magazine that’s coming out in September, as part of the ELLE group”. We’re not sure how this fits in with Hachette’s recent cost-cutting measures, but isn’t it interesting that France and the UK [...]
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Last year, Conde Nast announced a company-wide 5% budget cut and cancelled their usual holiday party at the Four Seasons, and a lot of people hoped that would be the end of it. But on top of yesterday’s memo from Conde’s CEO Chuck Townsend sent out to employees to politely remind them to watch their [...]
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When we told you that Blake Lively would be Vogue‘s February cover girl, most people flipped out and claimed that this was just the worst of many recent examples of the economy informing the magazine’s cover choices (as in, going more mainstream to up those single copy newsstand sale numbers). A lot of fans bemoaned [...]
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WWD just reported that the month of January saw 600,000 jobs cut from the American economy, 8,600 of which were from department stores. This news comes right on the heels of yesterday’s department store news, that the S&P’s Ratings Services has placed six department stores – Dillard’s, Macy’s, Neiman Marcus, Nordstrom, J.C. Penney and Sears [...]
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Just In: Macy’s has cut 7,000 jobs, and their stock dropped 13% within ten minutes of the announcement on Bloomberg.
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To: Tips@Fashionista.com From: FadeIn@Italy.com Looks like Dolce & Gabbana are goin’ down. It appears Neiman Marcus is pulling D&G from all of its stores. The troubled company has been on a downward spiral for months now, very quietly. No more fancy showroom on 5th Ave – now unremarkable digs downtown. No more Director of Operations [...]
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“There is no creative evolution if you don’t have dramatic moments like this. Bling is over. Red carpety [sic] covered with rhinestones is out. I call it ‘the new modesty.’ ” – Karl Lagerfeld, on the economy, and (we think) his Fall 09 collection, in the New York Times.
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Those of you still worried about what will happen with Lynn Yaeger‘s career, take comfort – She’s been hired by New York magazine to blog Fall 09 Fashion Week. Which means: 1. More of Lynn’s spot-on reactions (all day long!) 2. Mickey can stop looking for a front row buddy But Lynn seems pretty neutral [...]
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