Recession? Economic crisis? These days the fashion industry is (in Guy Trebay's words) having a "Marie Antoinette" moment. I have to tell you, I kind of agree. Between the half million dollar fetes I attend almost daily for a new book, store opening or product and the INSANELY expensive press kits I get FED EXED to me even though offices are just down the street, it seems the fashion industry continues to debauch out even though Rome is burning. I think we are gonna have a rude awakening...