Welcome Back From The Holidays

It has been awhile since I last blogged, I hope you all had a fabulous holiday vacation!

While we were gone, there were a few major developments in the fashion world:

-Some top designers have opted out of New York Fashion Week in light of the economic recession. Vera Wang, DNKY, Betsey Johnson, and Carmen Marc Valvo have decided to move their shows to more private, intimate, and cost-effective locations. (The traditional Fashion Week shows held in the Bryant Park tent can cost as much as $500,000.) While Fashion Week is typically considered a vital marketing tool for fashion houses, attendance of buyers and editors could be down a whopping 50% from last year.


-Chanel canceled its mobile art tour. Created by world-renowned architect Zaha Hadid and Karl Lagerfeld himself, the "greatest handbag pavilion known to man" took 3 weeks to construct and showcased art inspired by the oh-so-coveted Chanel handbag. While the exhibit graced New York's Central Park from October 20 to November 9, it will not be landing in London, Paris, or Moscow: "Considering the current economic crisis, we decided it was best to stop the project," a Chanel spokeswoman told Women's Wear Daily. Instead, the luxury brand will concentrate on strategic growth investments.

-LVMH canceled plans for a massive Louis Vuitton flagship store in Tokyo. The store was supposed to emerge in Tokyo's glitzy Ginza shopping district in 2010; it would have been one of Louis Vuitton's biggest stores in the world. Officials at Louis Vuitton Japan confirmed that plans were canceled for the store, but declined to give a reason. My bet is that there were economic reasons... anyone with me!?


-Paris Hilton, Katie Holmes, and other SHOPAHOLIC CELEBS have been under fire for blowing dough during tough economic times. What did Paris Hilton say to critics who were upset that she spent $4,000 in 40 minutes while in Australia for the new year? "I'm in Australia, I think it's important to help out, you know, the economy out here, everywhere in the world." (Brilliant, Paris.) The New York Post tallied up Katie Holmes's spending in the last 24 weeks and named the retail addict "Manhattan's Most Valued Shopper." How much did she spend? The Post says around $30,000.

-Pepsi launched a new campaign and is dressing up its logo. And? It looks a whole lot like Obama's Camapaign for Change to me.
Check It Out. The soft drink company wants to appeal to "Millennials" and inspire a new generation with "Optimism" and "Joy." They launched the campain in Times Square on New Years Eve.



Of course we all knew that retail sales were down- make that way down- over the holidays, but it's 2009 and we are movin' on!!!

Happy New Year everyone!