UPDATE: Sources revealed that Zac Posen has put his diffusion line on hold. “In light of the current economic conditions, any plans for a secondary line are on hold,” said a company representative. “Our focus is the collection and servicing our current retailers.” Boo. Better late than never . . .

Zac Posen on the cheap — could it be true? Well, according to sources, Posen is currently working on a diffusion line of clothing and accessories. "We've been in the process of building our lower priced collections," said Posen. Zac's low-priced items are slated to follow the launch of his highly anticipated Fabien Baron fragrance.

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