"Investing" In Your Closet Not Recommended By Actual Investment Experts

If you've opened a women's magazine recently, then you probably know what's in this season. "Investment" fashion! For the new economy, editors and luxury advertisers have been throwing around terms like "value," "quality," "green," "key pieces" and "timeless" as though they had some, well, timeless meaning. » 5/20/09 5:00pm 5/20/09 5:00pm

Luxury Brand "Bargains" Aplenty, But Who's Interested?

People whose job it is to shill luxury brands are flipping the fuck out right about now. According to Guy Trebay's panicky piece in yesterday's New York Times, everything, everything is on sale. Barneys New York had a "designer freak-out sale." Saks dumped Prada wallets — usually kept under glass — into… » 12/04/08 2:40pm 12/04/08 2:40pm