Skip navigation

Tag Archives: Credit Crunch

We're Back

If you love designer handbags and a great bargain, you should keep reading.

New Yorkers For Children and are having an “It” Bag Sale.

Regular retail prices will be slashed by 40% for great finds by


  • Oscar de la Renta
  • Salvatore Ferragamo
  • Valentino
  • Carolina Herrera
  • Zac Posen
  • Alberta Ferretti
  • Roger Vivier 


Designers will donate their hottest “It” handbag to be sold online at HauteLook in the limited-time sale December 1st and 2nd.

All of the proceeds from the sale will benefit New Yorkers for Children, the charity that supports youth in foster care in NYC.

Definitely a sign of the times.

When you’re auctioning your platinum 5-carat engagement ring to keep your business afloat, it’s a sad day. Read More »

Tip #3

Organize the items into categories: tops, jackets, pants, and skirts. Then organize each category by color from white to black.

Now your closet is merchandised like a retail store and can be shopped. You will learn to mix, match and coordinate like a pro once you’re organized.

Tip #2

Tip #2

Set aside anything that needs to be tailored in order to fit, be updated (e.g., removing pleats from pants), or be fixed.

View Tip #1

Tip #1

Remove and donate or toss anything that is obviously out-of-date or you know you’ll never wear again. Be ruthless. If it doesn’t make you feel great, it’s out. It’s better to have fewer, better pieces in heavy rotation than risk wearing something that doesn’t flatter you.

Visit us tomorrow for Tip #2!


Thinking about cutting your fashion expenses?

You probably won’t be able to.

At least that’s what Vera Wang’s saying.

In a Vogue interview, Wang indicates she’s not too concerned with the global credit crunch.

“Fashion is an expendable commodity, but it also brings such joy and fantasy and fun to women’s lives. For that reason, fashion will prevail ultimately,” says the New York-based designer.

Such is her optimism, she has confirmed her label is pushing on with the scheduled opening of various new stores this year.

“This plan was made about two years ago,” she tells HERALDEXTRA.COM. “There’s no question that many people in fashion have felt the repercussions of the recession. I’m thorough about looking at the sell-through. I feel fairly optimistic that by the time they get done, hopefully the economy will be on the rebound.”