No one is safe from the recession; not even Marc Jacobs. If canceling his legendary holiday party and Fashion Week party weren't enough, the fashion house has announced it will be slashing its coveted Fall fashion show guest list from 2,000 to a mere 700. “This isn’t the time to spend the money to entertain the entire world,” said president of Marc Jacobs International, Robert Duffy.
The show will be held at the same venue in past years — the 69th Regiment Armory on Lexington Avenue. “Everybody thinks it costs the same money to entertain 500 people as opposed to 2,000 [when you’ve got the space]. It doesn’t. All those 2,000 people still need to be seated, they still need to check in, this one needs this, that one needs that, and you know what? It’s very costly,” said Duffy. I was lucky to receive an invite last September and crossing my fingers for another one this year . . .