More Retail Gloom, Costume Institute No-Shows
cityfile · 05/01/09 07:29PM
• Mayor Bloomberg has proposed raising the sales tax by half a percentage point. That's certainly not going to do much to help struggling retailers, now is it? [NYDN]
• With a fresh batch of stores and restaurants closing each day, life on the UES has gotten pretty depressing. [NYT]
• A few weeks ago, Thom Browne denied that his fashion company was in trouble. The fact both his CEO and CFO departed the company today certainly doesn't bode well. [WWD]
• A few notables not expected at the Costume Institute Gala on Monday: Karl Lagerfeld, Carine Roitfeld, Matthew Williamson, and Bernard Arnault. [FWD]