Rumors are floating around that NYLON is folding, so we did a little investigative research with an, um, inside source, and the official statement is: NYLON is not folding, in fact, their numbers are up. Furthermore, their PR team is right now working on a statement saying such, which we should all be getting it [...]
Read more »The big holiday party death count continues: Conde Nast just joined Hearst and Marc Jacobs in canceling their annual holiday party. The media giant usually throws a hugely lavish lunch for the top editors at the Four Seasons. The assistants get to stay in the office to munch on free chips and salsa. Guess those [...]
Read more »Something for your econ notes: Henri Bendel’s jumped on the accessories bandwagon, rolling out several accessories-based stores in Ohio, California and Florida. The mini-stores sell nothing but accessories, all Bendel-branded. Think, that Bendel mug beauty event invitation from earlier this year, except, you pay for it. Fun.
Read more »CNN reports some rather disconcerting information: General Growth Properties, the second largest mall operator in the country, may file for bankruptcy soon. GGP is responsible for the operation of around 200 malls in the US, including the Paramus Park Mall right outside of the city. If the company does end up tanking, then a.) another [...]
Read more »This just in from somewhere in Midtown: Right on the heels of their print troubles, Conde Nast is making “huge” layoffs today, but all from their Conde Net division. Conde Net includes all the Conde Nast magazine sites, plus Style.com and Men.Style.com, among others. No word yet on exactly who’s getting let go, but we [...]
Read more »Some facts: 1. American workers make up almost half of all diamond purchases worldwide. [Another somewhat related fact: There is exactly one diamond mine in the US (in Arkansas), and it's not used for commercial sourcing.] 2. US joblessness just increased to 6.5%, the highest in 14 years. Translation: A lot of those American workers [...]
Read more »A sign of the times: Every other party invite we get these days is actually for a sale. But how can this be?, you might ask. But it’s true. When an invite says something like “and the designer’s line will be there. And it’ll be 30% off!” you know it’s not just white wine and [...]
Read more »If you’ve been in a Ralph Lauren store recently, you might have noticed something strange: Did everything feel… cheaper? According to the boys over at Choosy Beggar, every single Ralph Lauren store in the city is marking all its Fall clothes down by 40%, but not telling anyone because, well, then everyone would know that [...]
Read more »We’re all pretty well-versed in the recent onslaught of news regarding the economy and shopping – consumer confidence is down, sales are down, parties are down, etc. And recently, the news has been all about how much everybody plans to spend, or not spend, this holiday season. Guess what? Polls show that most people plan [...]
Read more »Wow – first, media giant Conde Nast suspends Fashion Rocks and Movie Rocks, and downsizes Men’s Vogue, and now Marc Jacobs has to cancel his holiday party. The annual bash, which is more over-the-top than a Bollywood extravaganza, is usually at the Rainbow Room, which we guess was just too much money to swallow considering [...]
Read more »The cut backs we reported first at Men’s Vogue this morning just got some new details via a statement Conde Nast released to Media Week: Not only is the magazine definitely cutting down their issue count to just two per year – a Spring and Fall addition – but the magazine will also be “absorbed” [...]
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