Will Anyone Buy $10,000 Dresses and $3,000 Handbags?
New York Fashion Week is here again, only now the semiannual bacchanal of fantastic excess and hard-nosed haggling takes place amid a weakening economy and spreading insecurity. The fashion tribe has to be wondering: Will anyone buy our $10,000 dresses and $3,000 handbags?
For many of the designers and retailers who swarm Bryant Park during Fashion Week, the answer is chilling. Even Vogue, the bible of the spend-anything aesthetic, is bannering "Value-Conscious Chic, When to Spend, Where to... Full Story
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