The contemporary crew is keeping inventory tight, cutting prices and tinkering with designs in order to maintain a competitive edge.

Jitters about an impending war with Iraq and frustration with a lackluster economy are forcing contemporary vendors to rethink their business plans, from their collections’ overall design aesthetic to pricing strategies. Going into fall, contemporary resources are cutting prices, overhauling their image and speeding up deliveries. And in addition to keeping a closer eye on the bottom line, designers at contemporary labels are increasingly aware of the importance of keeping merchandise fresh and eye-grabbing among the sea of competitors in department and specialty stores.

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