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    read more: #ragtrade, #parishilton, #childrensclothes, #morgan, #carlabrunisarkozy, #andrewramroop, #princessdiana, #villagevoice, #lynnyaeger, #australia, #tedlapidus, #esprit, #christianbernard, #teresamissoni, #irinalazareanu, #angelalindvall, #limitededitionnewyork

    Paris Hilton: Fashionista Recession-Fighter

    • Paris Hilton on dropping $3,880 in 40 minutes: "I think it's important to help out, you know, the economy out here, everywhere in the world... It's New Year's, I need a New Year's dress." [Breitbart]
    • But, Paris, Australia's the one place that's having record post-Christmas sales! [Bloomberg]
    • Consumer confidence is at an all-time low; thank God for Paris. [WWD]
    • Well, this makes sense: although every market in the world is down, designer children's clothing is booming! [WWD]
    • French retailer Morgan is going under. You'd think having the country's first lady as a model would help! [Times of London]
    • Jewelry chain Christian Bernard is going under, too. [WSJ]
    • Trinidadian tailor Andrew Ramroop, who suited Princess Di, has been given an OBE. [Telegraph]
    • Also honored: Nicky Kinnaird, founder of amazing beauty emporium Space NK. [WWD]
    • Noooo! Fashion iconoclast Lynn Yaeger has been laid off from the struggling Village Voice! [Pop and Politics]
    • CEOs talk about their new year's resolutions: most of them seem to involve not going under. [WWD]
    • Ted Lapidus, a French fashion photographer who helped pioneer the concept of "unisex," has died at 79. [Guardian]
    • Esprit names a new CFO, works on expanding in Asian markets, presumably not evoking 1991. [The Street]
    • Limited Edition New York presents some of the better celeb tees we've seen: these are by Teresa Missoni, Irina Lazareanu and Angela Lindvall, and proceeds go towards climate change. [WWD]


    Send an email to Sadie Stein, the author of this post, at Sadie@jezebel.com.