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In reply to the discussion: Another adoptee commits suicide: Fashion designer L'Wren Scott,girlfriend of Mick Jagger, found dea [View all]bettyellen
(47,209 posts)some people with money who wanted to get close to that magic. No one would extend her credit to produce samples to show Fall, let alone pay for the venue and publicity needed, so she cancelled her last show. She'd been claiming she didn't want to do the typical fashion week things, but anyone who skips them is understood to be pretty much out of business.
You'd be surprised at how many rich and famous designers bleed money producing their better lines. Diane Von Furstenberg only made real money on licensing her name and ugly fuschia silk jumpsuits sold on QVC in the 90's. Wanting her cachet back, she married a mogul so she could buy back her name and get off of QVC. She is in the best stores these days, a household name, and still deeply in the red.
Donna Karan loses a lot of money, and recoups it with perfume. All the fine old Paris houses, same thing. Most of those 5-10K dresses? One of a kind, same garment worn on runway, then the designer or muse at a press event, loaned to starlet or model, often then spot cleaned and ending up on a rack at Bergdorf's. And the rich donate them to museums or charities after wearing once. Usually only one or two are ever produced, and they all hope someone with oil money will show up and pay full price someday. They are the only people who support that market now. If you can't sell bags or perfume to all us wannabes, you are going out of business the minute your backers pull the plug.