Sunday, December 21, 2008

Vera Wang Drops Out of Fashion Week

The designer drops out of Fashion Week due to the poor economic climate.
The list of well-known names opting out of presenting at the tents—which costs between $100,000 and $750,000—is growing. Betsey Johnson and Carmen Marc Valvo have also canceled.
There is no denying that the current economy is impacting the fashion industry as much as it has other industries.

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