Fashion & Finance Friday

Well HELLO Friday!

What is up with the cash rich Canadians?  First Hudson Bay Co. scoops up Saks Fifth Avenue for an eye-popping $2.4 BILLION, now the Canadian Pension Plan Investment Board is buying Neiman Marcus for an illuminating $6 BILLION.  That is a lot of loonies and toonies ($1 & $2 Canadian dollar coins)!

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LuluLemon’s stock is falling down, (pity the suburban masses don’t take note and stop wearing it daily…).  Apparently recalling Luon pants (the label’s bread and butter item), running the company without a CEO and the over-expansion of retail shops (201 stores), is having a negative impact on projected growth.  shocker.

NYFW is done.  What a whirlwind of fabulousness and some notsofabulousness…uh, Alexander Wang are you too thinly spread to design?  Parental Advisory shirts, really?

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My heart belongs to Proenza Schouler’s Spring line up.  Texture, cut, shape, ease, buttery suede, rich color palate, classic lines, absolute deliciousness for the wardrobe!  (photos courtesy of Style.com – thank you Tim Blanks!)

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Hope your weekend plans include watching the NYFW show recaps, wearing something that rocks your world and a glass of champs!

xo reversecommuter

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