Designer after designer has pulled out of New York Fashion Week because of the costly expenses. ABC News shares these figures: “It’s a fortune — $28,000 just for the tent!” exclaims Mara Hoffman, 31, best known for creating memorable frocks for Sex and the City. “It totals maybe $70,000 for everything — it’s nuts.” We [...]
Posts Tagged as ‘Fashionista’
November 21, 2008
Abercrombie & Fitch Refuses to Lower Prices
Many luxury brands have recently slashed prices. “This is an unusual time. You have to be creative at this moment,”says Ralph Toledano, chief executive of Chloé. Although lowering prices can help business, some believe it can affect brand image. “While $2,000 handbags and $700 stiletto heels are still expensive for most people, if prices drop [...]
