Layoffs at Valentino; Michelle Trachtenberg Doesn’t Want to Pay for Clothes

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Michelle Trachtenberg at the Catherine Malandrino show. Photo: Getty Images

Valentino laid off higher-ups in public relations and menswear in its New York office yesterday. [WWD]

Isabel Marant plants to open her first U.S. store in L.A. this winter, and the second in New York. She's starting with L.A. to woo her celebrity clientele. [WWD]

• London Fashion Week will close with its first-ever menswear showcase. [British Vogue]

• Michelle Trachtenberg doesn't think she should buy rather than borrow clothes to help designers in These Times. [WWD]

Thakoon Panichgul was so tired after Fashion Week that he wore the same red-plaid shirt for a week. [NYO]