The economic downturn is sucking all the fun out of
Marc Jacobs!
It forced him to cancel his 2008 holiday party and now it's impacting how he'll be doing things at the upcoming NY Fashion Week.
For starters, there will be no MJ Fashion Week after-party, which has always been one of the fashion set's most anticipated events.
And, he'll also
scale backhis fashion show guest list.
Only 700 people will get invites this year. In years past
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