American Apparel is struggling along. But in addition to its otherproblems, it is facing a "cash crunch." Dov Charney is reluctant to sell to more outside investors, however, because he wants to hold onto his 53% majority stake. [NYPost]
During Fashion Week, we've been milling around the tents, going to off-site shows, Fashion's Night Out events and sneaking backstage to find out how much people—designers, stylists, editors, celebrities, Real Housewives—pay for their shoes.
Chloë Sevigny, on prints, and her latest Opening Ceremony collection: "Very Natalie Merchant, you know? It has this timeless, alterna-girl look. I still dress like how I did as a senior in high school, but with a higher heel." [DFR]
Did L.A. boutique Maxfield drop Victoria Beckham's dVb in favor of Holmes & Yang? Posh's people say Maxfield hasn't ordered the line for three seasons, and the decision had nothing to do with Katie Holmes, who is Posh's friend. [P6]
Holy mother of God, it's here. The September Issue, the long-awaited uncensored look inside Vogue, premiered last night at the Museum of Modern Art. And yes, everyone was there. And yes, there was a delicious mix of glam and bizarro.
Geithner's proposed new regulatory framework buoyed retail stocks by 4.4% yesterday. Saks' shares rose 15%, Ann Taylor was up 18%, Macy's climbed 10.2%, and Liz Claiborne rose 16.2%. Finally, some good fashion economic news! [WWD]
Dita Von Teese wears two Elie Saab couture creations in her limited-run Paris show. Is it strange that the only people who can afford couture these days are burlesque artists and Saudi princesses? [IHT]