The economy is fucking everyone up.
Sadly the fashion world is feeling the pain.
Many designers are pulling out of New York fashion week, and opting for a more low-key stage presentation of their collections instead of showing them in Bryant Park.
Designers include: Vera Wang, Betsy Johnson, J. Mendel, DKNY, Carmen Marc Valvo, Monique Lhuillier and Peter Som.
This isn't pretty.
Help the economy and..shop.