<– SHOE INDEX Even these cash cows aren’t safe from the price knife.

“How great, really, was the surcharge to consumers for participating in fashion fantasy?”

“once consumers become acquainted with slash-and-burn prices, how can designer fashion regain its mystique?”

“The intense and early discounting will negate the power of runway shows to drive fashion in both creative and commercial terms”

D.Blawg for M.Key: Although, it is somewhat ironic that this is coming from the NY Times, considering their paper survives on ads from these very same producers of luxury items.