Advertising
You are not logged in

New York Magazine

Skip to content, or skip to search.

Skip to content, or skip to search.

Economy Forces Retailers to Cut Spring Orders

10/28/08 at 1:16 PM

Diane Von Furstenberg spring 2009

Diane Von Furstenberg spring 2009Photo: WWD

Retailers nationwide are cutting orders by at least 10 to 15 percent for spring. Cautious New York flagships are lowering their buys 7 to 10 percent and banking on tourism to keep sales afloat. "Conservative" spending is the buzzword among both buyers and designers — Diane Von Furstenberg, Oscar de la Renta, and Thakoon are relying more heavily on international markets, while others, like Doo-Ri Chung, are working with fewer embellishments to lower prices. [WWD]

Advertising
Writer
Amy Odell
Managing Editor
Jessica Coen
Fashion Editor
Amina Akhtar
Assistant Editor
Sharon Clott
Recent News