Displaying all articles tagged:

The Economy

  1. fall 2009
    McDonald’s Helps Young Designers Survive the SeasonThe economy has brought young designers to unlikely sponsors.
  2. loose threads
    Liz Claiborne Cuts 725 Jobs; Karl Lagerfeld to TestifyAlso, Tom Ford’s new ad campaign is out, and an ‘America’s Next Top Model’ book is in the works.
  3. oh dear
    Macy’s to Cut 7,000 JobsAlso, executives might lose their Town Cars.
  4. getting played
    Karl Lagerfeld Sends Mixed Messages About the EconomyOne day he says bling is out, the next he tells us to stop crying about it.
  5. loose threads
    Target Lays off 600; Chanel’s Headdresses Were Made From Office PaperAlso, Ines de la Fressange returns to the runway today, and Lauren Hutton pulls a Naomi.
  6. eff the recession
    Never Fear, the Couture Shows Will Be Just As Fabulous As EverThe couture collections are poised to make money despite the economy.
  7. shutterings
    Filene’s Basement to Close One-Third of Its StoresThe economy claims eleven more stores.
  8. market watch
    Roberto Cavalli Changes His TuneThe designer is in ‘solid’ talks to sell a minority stake in his company.
  9. bloodbaths
    Breaking: Saks to Lay Off 1,100The company also won’t match 401(k) contributions in 2009, among other cost-cutting measures.
  10. luxury will never die?
    Karl Lagerfeld Declares Bling Is OutBut he’s not spending any less money on his fashion shows.
  11. loose threads
    Layoffs at Bergdorf Goodman; Taylor Momsen’s New Nike AdAlso, did Annie Leibovitz photograph Michelle Obama for ‘Vogue’?
  12. body issues
    Will the Credit Crunch Kill Boob-Job Loans?More and more women are applying for loans to get boob jobs.
  13. party lines
    Shields, Sims, and Sevigny at Sprouse TributreThe rapper pontificates on fashion in these troubled times.
  14. loose threads
    Macy’s to Close Eleven Stores; Fergie’s Wedding to Be ‘Blinged-Out’Also, Moschino’s CEO could be headed to Lanvin, and an ‘America’s Next Top Model’ girl lands a cover!
  15. eff the recession
    Versace Not Putting Things on Sale to Keep the Riffraff OutThey don’t want teen girls to be able to afford their bags.
  16. fall 2009
    Badgley Mischka Fights the Recession With Lower PricesIn hopes of selling more merchandise.
  17. recession store watch
    Marks & Spencer to Cut 1,230 JobsAnd close 27 stores.
  18. fall 2009
    Oscar de la Renta Adds a Runway Show and EmployeesUpon our recession stars.
  19. credit crunch
    Spend Your Money With a Cavalli Credit CardCavalli boiled down his whole aesthetic into one little snakeskin plastic rectangle.
  20. broke people
    Kira Plastinina Files for BankruptcyOh, no. We are distraught.
  21. karl makes everything right
    Karl Lagerfeld Defends the Luxury-Goods Industry and FurHe thinks the economic downturn is a “healthy thing.”
  22. loose threads
    Retail Scene Dismal in U.K.; Rihanna Most Stylish of 2008?Also, Macy’s and FAO Schwarz plan to combine, and P. Diddy thinks the inauguration is like Bungalow 8.
  23. ‘tis the season to be broke
    Chanel to Lay Off 200 WorkersThe fashion house just isn’t selling enough product these days. Join the club.
  24. signs of the times
    Rock & Republic Restrains ItselfIn addition to nixing its flashy runway show, the label will be releasing less expensive denim.
  25. loose threads
    Escada’s Earnings Slide Sharply; Donna Karan Cancels Holiday PartyAlso Campbell’s soup cans inspire Nicole Miller and a stellar look at Posh Spice’s not so stellar fashion past.
  26. de-tenting
    Vera Wang Opts Out of Bryant ParkShe’ll present her fall 2009 collection in her Mercer Street store. Thanks, economy!
  27. bulls
    The Accessories Market Enjoys BullishnessAmerican consumers are buying accessories to wear with old clothes.
  28. ‘tis the season to be broke
    Karl Lagerfeld Fancies Cutting Back During This Recession“I have moved to a smaller house in Paris, and I don’t fancy having so much staff now.”
  29. states of unrest
    Stefano Gabbana Thinks the Fashion Industry Needs RehabWhy, oh, why do stores sell down coats in August?
  30. ‘tis the season to be broke
    What’s This? Neiman Marcus Posts $12.9 Million Profit?All the same, earnings are down more than 83 percent from a year ago.
  31. chic for cheap
    Doo.Ri to Launch Lower-Priced Line (Updated)Considering the economy, we only expect to see more of these.
  32. loose threads
    Stores Are Mobbed, But Business Is Slow; Nigel Barker Has a BabyAlso, French ‘Vogue’ will reportedly dedicate an entire issue to Lara Stone, and Roisin Murphy preps for her couture runway debut.
  33. ‘tis the season to be broke
    Abercrombie Refuses to Discount, Stock PlungesUnlike stores like American Eagle, Abercrombie is not lowering prices to get consumers to spend, and they’re paying for it.
  34. loose threads
    Uniqlo’s Profits Soar; Gemma Ward’s Movie Comes StatesideAlso Kate Moss’s spring Topshop collection will include florals, and Naomi Campbell and her boyfriend have something in common.
  35. party lines
    Sarah Jessica Parker Is Looking for a New Home for Her Clothing LineWith Steve & Barry’s bankrupt for a second time in five months, Parker’s Bitten seeks greener pastures.
  36. ‘tis the season to be broke
    The Economy Robs Fashion Companies of Town Cars, First-Class Air TravelBut it gets worse: The CEO of Nicole Miller says, “We’re Red Roofing it.” Egad!
  37. ‘tis the season to be broke
    Hollywould Up for SaleNow is a great time to be looking for a buyer, isn’t it?
  38. fall 2009
    Economy to Sap the Fabulous From February Fashion WeekExpect fewer parties and possibly fewer runway shows as Fashion Week bends to These Economic Times.
  39. blass watch
    Bill Blass Is Pretty Much DoomedBill Blass New York is liquidating, and retailers aren’t buying Som’s spring 2009 line.
  40. mind the gap
    Gap’s Profits Rise, But Not Because They’re Selling More ClothesIn fact, sales are actually declining.
  41. ‘tis the season to be broke
    Steve & Barry’s Files for Bankruptcy AgainLast night’s filing comes less than five months after its previous Chapter 11 filing.
  42. loose threads
    Leighton Meester Lands Reebok Ad Campaign; Carla Bruni to Do ‘Rolling Stone’ Cover?Also ‘Twilight’ gives Hot Topic a sales boost, and Members Only Launches denim.
  43. first looks
    Miu Miu Defies the Recession With Spiffy New StoreShiny, golden, three floors, and 4,860 square feet, it symbolizes everything the economy is not.
  44. loose threads
    Burberry’s Profits Soar; Lara Stone Injured Ankle in Rodarte HeelsAlso, an Yves Saint Laurent retrospective with 300 couture gowns is being prepped in Paris for 2010.
  45. ‘tis the season to be broke
    Rich People Now Trying to Fit In by Acting BrokeIt has become ‘fashionable’ for socialites to talk about sample sales and bargain shopping at the hair salon.
  46. loose threads
    October Retail-Sales Drop Worst Since ‘92; Prada Launches Cheaper BagsAlso, sales of men’s dress shirts plummet and the Obedient Sons label is inspired by a polygamist.
  47. ‘tis the season to be broke
    Versace, Christian Louboutin, Chanel, and More Slash Prices in U.S.By up to 10 percent! For once, we can thank the dollar, which has considerably increased in value against the euro.
  48. holiday giving
    Donatella Versace Possibly Finger-Paints With Chinese Earthquake VictimsShe visited elementary-school children in China and admired their artwork, but they didn’t even know who she was.
  49. loose threads
    Macy’s Sales Down $44 Million; Jennifer Aniston’s ‘Vogue’ Cover Quote MisleadsAlso Condé Nast lays off Style.com staff, and Rihanna lights a snowflake in New York for Gucci next month.
  50. luxury will never die?
    Debt Threatens Prada, Escada, and MoreAs markets feel the crunch worldwide, it turns out that European stalwart houses aren’t immune.
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