Betsey Johnson won't be showing at the Bryant Park tents this February. Betsey, who's shown her past five collections in the park, is scaling back the presentation of her Fall 2009 collection in light of the recession. She usually shows to more than 1000 buyers and editors in the main tent; this time around she'll host a more intimate event at a still unnamed location. Carmen Marc Valvo's also surrendering his tent space after ten seasons. His audience was already significantly smaller last September and with less press and buyers expected to make the trip to New York for the first Fashion Week of 09 and Bryant Park show costs climbing above $100,000 - it's just not worth it. Meanwhile, IMG's allegedly open to converting tent space into presentation space, like the London Fashion Week tents but rotating, to keep as many designers as possible on site. We love presentations, but a fun, fantastical Betsey Johnson collection belongs on a major runway.