According to WWD, several designers are responding to our crappy economy by lowering prices! Yay! The drop in prices won't be THAT low, an Oscar de la Renta blouse that normally costs $900 will now cost $795. Chloe marked its pre-fall collection down 35% from last years prices. J. Mendel's cocktail dresses used to start at $3,500, but will now start at $1,700. Catherine Malandrino also made some cotton pieces that are priced between $195 and $345. While I still don't want to fork up over $200 for a cotton dress, it makes me wonder . . . What effect will these lower prices have on the new, absolutely wonderful, end-of-season super sales we've been seeing lately?
Also, there is a handful of designers who won't budge on the price matter, like Chanel, Prada, and Versace. I suppose the only thing to do is wait and see what lowering, or not lowering, prices will do for these designers, consumer confidence, the improvement of the economy.
Your blog is fashionista part 2.
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