In the face of the recession, comparative price shopping, updating tried-and-true pieces, banking paychecks, curbing spending and even making good use of every drop of home-brewed coffee are some of the stopgaps the fashion crowd is embracing.
In fact, when asked about how their personal spending habits have been curbed or changed in recent months, showgoers in Bryant Park during New York Fashion Week were candid about what, for most, amounts to a newfound frugality. Even Nicky Hilton, whose shopping splurges are often pictured by the tabloids, said she is trying not to swipe her credit cards quite as much. Before Pamella Roland’s show last week, the heiress said, “I’m being smarter about my spending. I’m not going into stores and buying anything. I am buying more pieces instead of just a bunch of clothes.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"