Luxury-Goods get the mark down!

Today, The Wall Street Journal announced that "luxury-goods makers are cutting prices on designer apparel, shoes and handbags in the U.S. market." Prices where slashed 8% -10% at companies like Chanel, Christian Louboutin, Chloe and Versace.

Yay! Especially, when everything was rising so high when it came to luxury goods.

Speaking of luxury goods getting marked down, I went to the Marc Jacobs Collection store on Maiden Lane to get this ring from F/W 2008 runway. They weren't sure if it was even produced. So, I've been calling all the stores frantically looking for it. Also, I kept on getting emails from the Melrose store and Bal Harbour store telling that they were going to have their first sale on the whole collection for 40% off (except handbags of course).


Turns out that even though there was a piece on their runway, it doesn't mean it was actually produced. But, they might normally have it in their showroom. So, if you can get with one of their reps in their store, normally they can go ahead and get the one-of-a-kind piece from the showroom that was the exact piece from the runway. So, I'm keeping my fingers crossed.

Magazines ad sales decline in the double digits.

Don''t make me say goodbye.

It's so upsetting to hear that the industry that I plan to start a career in is declining. Please internet... don't take away the pretty glossy pages of W Magazine away from me. (At least not until I could have contributed to the magazine in some way.)

Damn you, ECONOMIC DECLINE!

According to WWD, the Media Industry Newsletter has shown a decline in ad pages for the last 6 months. The luxury market magazines like Elle, Harper's Bazaar and Vogue hasn't shown a decline, but the mass market magazines, like Cosmopolitan, Glamour, Marie Claire and In Style are in the negative. "Harper's Bazaar increased ad pages 9 percent, to 890. Vogue reported flat numbers, coming in at 1,328 ad pages. W reported a 2 percent drop in ad pages, to 878," says WWD.

I admit that when I wake up in the morning, I don't read the newspaper. I go directly to fashion/magazine blogs to get my daily fix with industry news. Even though I want to get into the high gloss print industry, I don't have this huge urge to have to subscribe to a magazine when they show so it online (sometimes even more online).

Do you really think print magazines will go away?

Honestly, I think they eventually will... even though I believe that having something in print that I can take around is a lot better than having to lug around a computer trying to look for WiFi. I just think that magazines will slowly move over to using their websites because it's so much cheaper to publish something online than print it.

Who knows... anything can happen.