The economy is hitting the fashion industry hard.
It's always an extravaganza whenever you attend a Marc Jacobs party. Due to the economic pinch he was forced to cancel his 2008 holiday party and now he may not be able to go all out for NY Fashion Week. Marc will have to cut his Fashion Week after-party, which has always been one of the fashion set's most anticipated events.
Also he will have to keep his guest list to a minimum. Only 700 people will get invites this year. In years past the guest list total would get up to 2000!
Marc's spokeswhore, business partner Robert Duffy, told the media:
"This isn't the time to spend the money to entertain the entire world…. Everybody thinks it costs the same money to entertain 500 people as opposed to 2,000 [when you've got the space]. It doesn't. All those 2,000 people still need to be seated, they still need to check in, this one needs this, that one needs that, and you know what? It's very costly."
He also said that he and Marc would rather scale things back at Fashion Week than do lay offs.
I'm glad that there is someone who's willing to compromise having fun and going all out instead of laying off people. Watch NY Fashion Week on television. It'll save you a shitload of money.
No comments:
Post a Comment