Anna’s Winter? Fashion’s Greatest Diva Takes on the Recession [VIDEO]
As if we needed more proof of the pending fashion world apocalypse (because bargaining on the floor of Saks Fifth Avenue last Christmas wasn’t enough), the self-titled “queen of snark” Maureen Dowd questions the relevancy of one Anna Wintour, Vogue editor-in-chief, deemed The Last Empress in her Sunday column. Dowd uses the new documentary on [...]
Nantucket No Longer Isolated from FICRY
It is clear from the plethora of bad news about the real estate situation across the United States that no place and no island, is safe from the effects of our recession. The latest tale of riches to rags comes from The New York Times online front page, reporting on the New England luxury island, [...]
The Rise of the American ‘Ghost Box’
Ghost towns were so 19th Century. The newest industrial specters are the massive abandoned box-stores now littering the paved outskirts of any-town America. Lagging sales at America’s big box chains, such as Home Depot, Sears and Kmart, coupled with the bankruptcies of chain stores like Circuit City, Linens n’ Things and Home Depot’s high-end brand [...]
July 4th: CANCELLED
Today may be a truly a sad day for some American towns–no money for the absolutely necessary July fourth accessory, fireworks! Instead of celebrating our nation’s independence, the lack of money for celebration reveals dependence on our currently crummy financial system. The list of towns includes many places that have been hit hard by the [...]
Is Television the Next FICRY Victim?
Before today’s Supreme Court ruling, cable television viewership has been relatively unchanged by the FICRY. When Americans are unemployed, they tend to spend more time in front of the television, not less. After today, however, the television industry may be facing an unprecedented crisis. This morning, the Cable News Network lost a monumental Supreme Court [...]
The Fashion Industry Dresses Down
Perhaps it speaks to something psychological in us that we always hope disastrous events will have positive consequences; that horrible happenings will lead to a collective reevaluating of our priorities. Sadly, this is not often the case, which might be why we have sayings like, “The more things change, the more they stay the same.” [...]
Desperate Shoppers Bid on Expired Food
Past the sell-by date? Bidders are happy to ignore that detail if they’re getting a good deal. Recession woes bring shoppers from the grocery aisles for the auction circuit in search of discounts on everything from cereal to spare ribs. For More On Suburben Survivalism, Click Here.
Reporting for The Marketplace, Steve Chiotakis interviewed Kirk [...]
Leggings Help Women Hide Their Shame After Decades of Extravagant Fashion Purchases
We were apparently mistaken when we thought leggings were only for the under-aged or the perfectly-formed. Lisa Armstrong, writing for the Times of London says, leggings may have become the new skinny-jeans in terms of staying power (and she isn’t just talking about their general clinginess). What does this have to do with the [...]
Suburban Surivalism, American Lifestyles at Stake
In the midst of a national financial crisis, emergency suppliers and retailers have experienced an almost 50% increase in sales. Water filters, thermal blankets and emergency food are flying off of the shelves. And who’s buying these emergency supplies? Just your average surbanites or urban professionals with growing, apocalyptic fears of what the crisis may [...]
Fashion: Lastest Crisis Victim
Ben Martin, writing for the Times Online, reports that the french fashion house Christian Lacroix, which is famous for it’s impossible-to-wear, haute couture collections, has declared insolvency. Click here for more about celebrity trends gone bad. Lacroix, which is owned by the Falic Group, a duty free retailer, and employs 125 people, cited [...]
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