It seems like no one is immune to the current economic situation!
Not even fancy designers like
Betsey Johnson or
Carmen Marc Valvo, who have both decided independently of each other to
skip the Bryant Park tents this season.
For Betsey Johnson this will be the end of a 5 season run there, while for Valvo it signals the end of a 10 year history.
Johnson's camp wouldn't comment on the designer's reasons for the decision, but Valvo admitted that they are looking for a less expensive way