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Fashion Recession
Good News Bears
Finally, some good news. If you have a subscription to WWD, you probably wake up every day to another company reporting negative profits. After months and months, it's quite the downer.
Behind the Seams: Vintage Swap Party
Remember how I said one of my New Year's resolutions was to wear more vintage? Five months into '09 and I'm feeling fine. Well, it's made easier when friends put together genius ideas like a vintage swap party and serve you mimosas and vegan scones.
Fab Flash: High/Low Designer Collaborations at an All-Time High
During dismal economic times, designer collaborations are the way to go. “We’re definitely going to see a lot more of these high-low marriages,” said Valerie Steele, of the Museum at the Fashion Institute of Technology. “People are going to want a lot of fashion for their buck.” With that said, now is the time to nab a creation from your favorite high-end designer for a fraction of the price.
Fab Flash: Coach Launches Sweeter, Cheaper, Poppier Line
Coach is responding to the tough economic times with a new budget-friendly line named Poppy. Like the name, Poppy is a fresher, more youthful collection of footwear, handbags, and accessories compared to its namesake line. The best part?
On Our Radar: Nina Garcia, Book Number Three
Third time doesn't need to be a charm for Nina Garcia and her beloved book series. Alas, she's giving us more of what we love with a book aimed at today's economically challenged times. The book, titled The Style Strategy: A Less Is More Approach to Staying Chic and Shopping Smart, is destined to offer insight during a fashion recession.
Fab Blab: Karl Lagerfeld Defends High Fashion
We can always count on Karl Lagerfeld to entertain us with his cheeky comments. The designer recently defended fur and now he's speaking out about high fashion. "It's great to see things you may not buy — because you don't have the money — but it is very ugly to think they shouldn't exist because you cannot buy them," he said.
Fab Site: theOutnet.com
Net-A-Porter founder Natalie Massenet is set to debut an online designer outlet dubbed theOutnet.com come April. "It is going to be a silver lining of the recession. Women have got used to discounts," said Massenet.
Fab Flash: Saks Fifth Avenue's Dismal Downturn
Saks Fifth Avenue is one of our favorite online stores, but it's been experiencing major economic woes.
In November, the luxury retailer reported “widespread weakness” with a net loss of $42.8 million. Today, the luxury retailer announced it will be closing shop on all but two of its bridal salons.
Fab Flash: Doo-Ri Launches Budget-Friendly Line
No longer will we have to admire Doo-Ri's delicate creations from afar. Following in the footsteps of Zac Posen, Doo-Ri Chung has announced a diffusion line slated to launch next year.
“I have been thinking about this for a really long time,” said Chung.
13 Fab Gifts Under $30
We're not quite at holiday shopping crunch time, but we are probably all starting to feel the wallet crunch. I'm about half done with my shopping, and have been thinking about where I can buy fun little Fab gifts for my girlfriends. Top stores that come to mind are Old Navy, Forever 21, the Gap, Fred Flare, and the Marc by Marc Jacobs store (I love all their little cheap goodies by the register).
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