Money

Women's Magazines Still Waging War on Our Wallets

I know, I know, money has become a regular topic around here. Here’s my pledge: I promise I’ll quit ranting about it as soon as the fashion magazines stop conflating luxury goods with sound investments. (So, probably never.)

Here’s the latest communiqué in the battle to separate women from their cash, from the “Editor’s Note” in Instyle_september_uma_thurman September’s InStyle:

And yet there’s that tiny voice—OK, it’s a booming foghorn—in the back of your head telling you now’s not the time to shop. The economy seems dicey, at best, and any fiscally savvy woman worth her mutual funds (bad example, but go with me) knows that the sensible thing to do is bank that money for the inevitable rainy day. Or is it? After all, you don’t have to make all the trends your own, only the ones that work for you.

Oh, so I’ve been getting it all wrong! Buying a closetful of stuff you don’t need is profligate, but buying just a few things you don’t need is as good as earning interest.

I’m not saying women shouldn’t spend their money as they please on shiny consumer goods. (I certainly do!) But trying to pass off the purchase of luxury goods as financially prudent behavior is an untenable position—not to mention more than a little patronizing. It's more important to look on-trend now than to have an adequate nest egg? Really, InStyle? I need a pencil skirt more than I need those “rainy day” funds?

Apparently so! In the table of contents, they chirp that a $1,950 Prada bag is “worth it!”

Sigh. And over on Marie Claire’s “Diary of an MC Fashionista,” they helpfully deconstruct the appeal of ostrich skin.

Here’s why to invest in this hard-wearing luxury instead! (Hint: It lasts 30 years)

Well, there is an upside to buying ostrich: it’ll endure as long as the Visa bills do! (Slight exaggeration: If you charge Marie Claire’s recommended $6,500 Bottega Veneta bag and make minimum payments at 11% interest, that bag will be yours in just 25 years.)

And now, we can talk about something else, like how Jessica Simpson appears to be posing for her 11th grade yearbook portrait on the cover of Lucky. Is it just me?

Lucky_october_jessica_simpson


W Goes Undercover to Reveal America's Oft-Maligned Elite

Maybe you’ve heard, but the United States is in the midst of a presidential race! Every 24-hour cable news network has switched to continuous coverage of the speechifying, much of which consists of finger-pointing at a nebulous category of Americans known to politicians as the “elite.” So, who are these mysterious elite?W_kate_hudson_september_4 Are they an Illuminati-like organization who are the true maleficent puppeteers behind the unholy open-toed boot? Are they the tremendously wealthy people who dwell in compounds instead of houses (or, ahem, seven houses)?

No! In fact, they’re people who were interviewed for the September issue of W. Maybe the cover line “What Recession?” is tongue-in-cheek, but you wouldn’t know it from reading the articles inside. The whole issue is redolent with the kind of boorish entitlement and unfounded superiority that is, well, the magazine’s trademark, really.

Join me as we scrutinize the elite in their natural habitat!

Our tour begins with “Comme and Go.” In the article, designer Rei Kawakubo of Comme des Garcons evaluates her partnership with H&M, using the time-honored technique of condescending to her potential customers.

“I think [stores like H&M] have their rightful place in the world. Not everyone necessarily needs new things all the time and creative designs.”

Right, people who shop at H&M should be stuck with a sparse wardrobe of unimaginative clothing that can only be replaced once a year. To be fair, here’s the almost-redeeming remainder of her quote:

“It’s good to have luxury restaurants and fast-food restaurants. You need both.”

Next, we meet Margaret Dickerson, whose skincare line derived from Budapest’s mud baths is profiled in “Water Works.”

…She was more amazed by how smooth and soft her skin looked and felt after a dip. She began noticing a similar afterglow on people all over town. “I don’t want to be a reductionist and say even cleaning ladies have great skin,” she says. “But everyone does.”

Well, I never! The audacity of a working-class woman looking as good as a wealthy woman!

Our next stop here in the mysterious world occupied by the elite is “Out of the Picture.” Outgoing Museum of Modern Art director Phillip de Montebello explains his philosophy.

To his mind, the very act of stepping inside a museum makes one an elitist because it represents a choice to become educated. When he was addressing a group of summer interns a few years ago, one asked what the museum was doing to combat elitism. He recalls responding: “Where are your friends? They’re hanging around outside the drugstore in your neighborhood, wherever that is. You chose in to come indoors in the summer and learn about great works of art. That makes you an elitist. You have come to better yourself. That is what elitism is. Do I have to apologize for that?”

Apologize? For bettering yourself, no. For shamelessly berating an intern who seemed to be genuinely invested in the concept of using art to reach new audiences, definitely.

Continuing with our journey through the halls of modern American elitism, there’s this charming tale from “Euro Stars”:

Meanwhile in Paris, Becca Cason Thrash threw her American Friends of the Louvre benefit at the French museum, where she reckoned there were “zillions of billions of dollars” roaming through the halls. “Please, you’re so rich,” she entreated, auctioning off luxurious vacations to such bidders as Bianca Jagger, Maryvonne Pinault and Dasha Zhukova.

Zillions of billions of dollars! Why do governmental types so hate the elite when they’re clearly the solution to America’s rising deficit? Fortunately for all of us, W decided to dedicate this issue to participating in the national dialogue. Next month: the magazine’s plan to save Social Security!

Marie Claire's "Fashion 401K" Revolutionizes My Retirement Planning

Marie_claire_sept_fashion_401k_2

Times are tough! The economy is shaky, and my retirement portfolio is leaking money. But thanks to Marie Claire’s in-depth reporting on investment plans, I no longer have to wade through a stack of dry prospectuses in a quest to find a safe haven for my hard-earned cash. Instead, I’ll just follow their suggestions and put my money into high-yield, high-end fashion! After all, according to “Fashion 401K” in the September issue, these pricey clothes “earn interest as you wear them.” Shopping for designer goods is just like opening a savings account, only far more stylish!

Live Blog: September Vogue's 798 Pages

Last week, when I bought an armful of September issues, the cashier at my favorite newsstand said, "You've got your reading cut out for you." Little did he know that I planned to spend an entire day poring over the pages of just one magazine.

For the record: I have not opened this issue of Vogue, nor have I read what any other blogs had to say about anything other than the cover. The only thing I've peeked at was the back cover, because by the time I reach it, I may be too delirious to realize I've reached the end.

Vogue_september_keira_knightley_2

Continue reading "Live Blog: September Vogue's 798 Pages" »

Lucky Now Loaded with Less Expensive Stuff You Still Don't Need

I have a double standard when it comes to the clothes in magazines: I’m way more offended by a $300 bracelet than I am by a $25,000 ball gown. See, ball gowns exist purely to remind me how plebeian I am. Lucky_sept_milla_jovovich_3 They have nothing to do with real life (or, at least, my life), and I will never have cause to buy one, so I want to ogle only the grandest, most ostentatious gowns in magazines. But when Bazaar recommends I “stock up” on a $325 Chanel bracelet as if that’s a sound way to build an investment portfolio, I’m bugged. Either their math is way off, or I’m going about it all wrong by paying rent before buying baubles.

That’s why Lucky bothers me so much. For a magazine that’s ostensibly about shopping, there's little in its pages that I—or any other trust fund-deprived mortal—could actually purchase. So my curiosity was piqued when Lucky editor-in-chief Kim France mentioned money-related matters in September’s “Editor’s Letter.”

We’ve been quite busy here at Lucky HQ lately, creating new pages…Deal Hunting, in which we present, for your delectation, clothing and accessories that fall into the budget no-shock zone.

“Delectation”? Well, that may be an overstatement. But if you need a magazine to point you to the mall, then these two pages will do the trick! Chains like American Eagle Outfitters, Gap, J. Crew, and H&M are all represented here. Their suggestion of a $49 Nautica rugby shirt is almost insultingly unimaginative, but it’s hard to quibble too much when the most expensive piece featured is a $145 trench coat.

Anyway, not all hope is lost for those of us who enjoy spending money on luxuries like, say, health insurance and groceries. “Style Spy” offers two work-appropriate bags under $100. “My Foolproof Outfit” deviates from its usual high-spending ways, featuring a Manhattan financial adviser whose priciest choice is a $305 Cynthia Steffe dress. And the “Lucky Girl” keeps it almost real, too, selecting a $188 cashmere cardigan, a $15 necklace, and a $166 embroidered canvas bag.

But is this apparent decline in prices merely confirmation bias or an actual shift in Lucky’s editorial?

That’s a question only a spreadsheet can solve! I compared three fashion stories from the August issue with this month’s to find the average price per item.

“My Foolproof Outfit”

August average: $670.11

September average: $181.44

“Lucky Girl”

August average: $220.83

September average: $152.43

August’s “The Lucky How to Wear Your Denim Guide” and September’s “The Lucky Fall Trend Special”

August average: $262.87

September average: $532.45

So not much has actually changed, except perhaps the magazine’s realization that not all of us are willing to trade a kidney for a shearling coat. But that acknowledgment is a step in the right direction, even if does raise a host of questions. Is fashion by its very nature exclusive? Can a wool blazer from the Gap be considered fashion? Am I the only person who doesn’t share Lucky’s penchant for ludicrously expensive scarves? (Check out the $725 animal-print Vuitton on page 326. Ouch.)

I don’t know, and I’m not sure Lucky does either. But I welcome an increased emphasis on accessible apparel in magazines. I won’t ever need a ball gown, but I’d still like to look like I might.

InStyle Just Saved Me $64,705

In the August issue, “Where Can I Find…” answers the burning question of where Eva Longoria shops. Here’s one element of her look:

Instyle_august_necklace_2

Oh, thanks, InStyle! I totally would have spent $65,000 in the vain hope of accessorizing just like Eva Longoria if you hadn’t alerted me to the possibility of spending less. I’ll just put my black Amex away now.

W's "Honeys" Work Hard for the Money

W’s July article “Money Honeys” goes deep inside the world of hedge funds to reveal something you won’t read in the Wall Street Journal: beautiful women in Theory trousers are taking over finance! The magazine deems the topic “impossible to ignore.” Actually, what’s impossible to ignore is the way they make this supposed trend sound like a good thing.W_july_kate_daria_lara

You might think a magazine targeted at women would take a dim view of hiring decisions that frankly favor appearance over intelligence. You might even think this article would try to prove that the women in question are indeed intelligent, or at least include women who manage to succeed without “blond hair and spray tans.”

You’d be wrong!

For those who aren’t familiar with the machinations of high finance, W explains. Hedge funds operate on the same principle as strip clubs: men will gladly open their wallets to beautiful and/or accessible women.

One of the apparently few male marketing execs fills us in:

“[Investors] want a hot chick with a nice ass and nice boobs who is going to come in and sell the fund to them. I have a friend in the industry who is drop-dead gorgeous, and even she knows that’s the only reason she has her job.”

And women are catty?

“You meet these bimbos and they say, ‘Oh, I work at a hedge fund,’ and you think, What?!?” says one head of an investment bank who pals around with high net worth investors. “And then you realize, Oh, this is, like, the PR girl…”

Do women resent the implication that their success is due to their pulchritude? According to this article, not at all!

“The looks definitely help,” one blond, curvy female marketing director admits matter-of-factly.

All of the men in this piece are identified by their job titles, not their looks, by the way.

Still, W doesn’t want us readers to underestimate these women. In fact, the article describes the incredible lengths they go to in order to succeed:

“I had to start watching more television, like American Idol, so I could find some common ground with [investors’ wives].”

But being a woman in marketing isn’t solely about objectification! There are awesome benefits! First, from a male marketer:

“I have never, ever seen an ugly person in this role.”

Do you work in hedge fund marketing? Congratulations!  You’re conventionally attractive!

Second, even though they’re basically required to go on dates with clients, marketing executives are paid way better than escorts. Directors earn up to $2 million, while lower-level employees pull down between $200,000 and $500,000.

Not like they stay in the workforce for long, anyway. The third perk:

“It’s an easy access point to a rich husband,” he says. “These girls don’t talk to anyone worth less than $50 million.”

Of course, the acquisition of a wealthy man is the most important transaction these women will ever broker! Maddeningly, the article ends with that quote.

So let me get this straight: Male-dominated companies hire women (from modeling agencies, even) to charm clients out of cash, and then men slam these women in print for trading on their looks? Nice! The article mentions in passing that women in hedge funds struggle to be perceived as professionals. “Money Honeys” does them no favors, but even so, it’s the men in this scenario whose behavior I really have trouble taking seriously.

Cosmopolitan Advocates Avaricious Women

Continuing their long-standing commitment to improving women’s lives, the July issue of CosmopolitanCosmo_july_carrie_underwood_2 turns its attention to an under-served segment of the population and their unique needs. Illuminating the serious challenges women face when they attempt to bag a wealthy man, the magazine has put together a field guide of sorts to the modern sugar daddy. Material girls unite! Cosmo’s “Fascinating Facts About Rich Guys” is just for you!

There’s just one problem with the article (besides, you know, the concept). Executive summary: there’s nothing here that’s even remotely fascinating, with the exception of the picture they chose to illustrate the epitome of a good catch. Blue eyes, a freshly pressed shirt, cash spilling out of his wallet. Subtle!

Cosmo_millionaire_2

So, how much money does a millionaire carry around? Let’s take a close look.

Cosmo_millionaire_closeup

I know Cosmo’s readership skews young, but seriously? $40? Aim for the stars, kids! If you’re going to identify as a gold-digger, at least have some standards.

Speaking of low standards, the magazine advises you start seeking Daddy Warbucks early. Apparently, it’s never too soon to start looking for a man with cash.

Boys over 31.5 inches at age 1 earn 50 percent more by middle age than shorter tykes.

So your future meal ticket could be in diapers right now! Who wouldn’t be turned on by that thought? 

Among the other results of Cosmo’s Woodward-and-Bernstein-level investigative reporting detailed in the article:

—Men often earn millions by founding massively popular web-based ventures like, oh, Facebook. You don’t say!

—Wealthy men stay at luxury hotels when they travel! Also, they like steak!

—The San Francisco Bay Area is a hotbed of wealthy single men. Which makes sense, if they’re making their money on the web.

—They know when you’re only out for cash! So, you probably don't want to read this article in front of any potential targets.

—Wealthy men buy porn online. Which makes them decidedly different from every other man.

—Millionaires want a woman who is both smart and beautiful. Their money entitles them to have it all!

—Sixty-two percent of the worlds’ billionaires have brunette wives and girlfriends. But don’t despair, blondes! The disparity might exist solely because there are more dark-haired women! Oh, thank god someone commissioned that study. My life as a brown-haired woman is certainly improved by that knowledge.

—And they buy Polo and Calvin Klein and a host of other costly clothing labels. The implication here: if you play those men right, they’ll buy those same brand names for you, too! After all, what else would you want from a man except an infinite credit limit?

Oddly enough, a mere 11 pages earlier, Cosmo lists “a ton of cash and luxe stuff” in the article “Things You Think Will Make You Happy…But Won’t.” But that piece discusses earning money for yourself! Who needs personal success? Snagging a man who gives you cash and luxe stuff is clearly the bigger accomplishment.

We Read It So You Don’t Have To: Marie Claire’s Guide to Surviving Unemployment

So! Times are tough! The world is spinning out of control, and even Marie Claire is feeling the pinch—they couldn’t decide which of the four Sex and the City cast members to put on the cover, and thus they attached four covers to the July issue. See? Out of control! Marie_claire_july_sarah_jessica_p_3

But Marie Claire knows life isn’t all Cosmos and Louis Vuittons. The July article “Surviving a Layoff” purports to provide the inside track on spotting—and getting past—a layoff unscathed. Well, I was laid off in April. When I saw the article teased on the cover, I actually felt a twinge of hope. Marie Claire was feeling my pain! Marie Claire was a trusted friend, ready to guide me through the dark hours of eating cereal in my pajamas at noon!

I was wrong.

The tales of three recently jobless women are included in the story. Since being mostly unemployed means I have tons of free time, and refreshing online job posting sites every ten minutes and waiting for the phone to ring is eating my soul, I read them all!

1. Layoff Victim #1 was an investment banker who brought home a hefty paycheck—a base salary of $85,000, and a bonus that could equal that. But she secretly hated her job! When her company let her go during a cost-cutting binge, she received six months’ pay and benefits. So she did what any recently laid-off woman would do: took a vacation to Florida! Now, apparently still living off her severance package, she’s decided to leave banking and, instead, break into the world of voiceover artistry. “I’ve always wanted to be in a cartoon,” she giggles. [“Giggles”  is their word, not mine, just for the record.]

2. Layoff Victim #2 was a TV news producer in Florida. When she lost her job, she was worried about also losing her $2000/month condo. Solution: take from retirement savings and borrow from Mom and Dad to pay the bills, but don’t give up too much! “You work so hard to get to a certain income level. Then you’re forced to limit yourself. I don’t think I should make myself have to live that way,” she says. LV2 is reconsidering her love of journalism and now spends her days blogging and “beefing up her Myspace page.” Seriously.

3. Layoff Victim #3 was let go a mere 106 days into a stint at Yahoo. Apparently important to her story is the detail that she had her own washer and dryer in her apartment. Poor thing, right? Read on! Within two days of being laid off, there were “several posts on well-read blogs” about her layoff, which lead to two job offers that were “less than perfect.” What our LV gained is confidence—she turned down those offers and has instead written a self-published book called Laid-Off Renegade. No word on whether the book is paying the bills or if she’s been forced to switch to the laundromat—because she lost her job in February 2008, and when you factor in Marie Claire’s lead time, was probably interviewed just days later. So she’s totally knowledgeable about the long-term ramifications of being laid off!

There is a brief sidebar that contains solid information about how to spot whether your job is on the chopping block. However, there are no pointers about financial planning or finding new employ, unless the anecdotes about voiceover classes and borrowing from your parents are what Marie Claire considers to constitute such advice. Or maybe they just figure we unemployed can’t afford the $3.50 cover price and aren’t reading this anyway.

Magazines Acknowledge The Cost of Clothes: A Recession Fashion Rundown

So, the U.S. is teetering on the brink of a recession. While there is a smattering of financial advice scattered throughout the July issues, the magazines focus on something far more important than investments and job security: looking good! Priorities! The best investment to weather an economic crisis is, apparently, your wardrobe. I’m no financial expert, but based on what’s in the magazines this month, I will say this: If Forever 21 ever goes public, buy.

Nearly all the magazines offer looks at lower prices, but considering the source, lower-priced is not necessarily low-end. Here’s a breakdown of the style sticker shock:

Bazaar

One page of “Hottest, Newest, Latest” is devoted to “fashion at AFFORDABLE prices.” It was wise to emphasize the word “affordable,” because otherwise—well, see for yourself.

Total number of deals: 6

Their idea of dirt cheap: A $69 Banana Republic scarf

Most expensive bargain: A $395 Elie Tahari clutch

Cheapest item elsewhere in the magazine: $140 J. Crew flats

Priciest item elsewhere in the magazine: A $450,000 Neil Lane for De Beers bracelet

Item whose price makes me question the wisdom of capitalism: A $46,650 Balenciaga dress. No, it isn’t woven from gold. Why do you ask?


Cosmopolitan

“How to Shop Summer Sales” blends fashion with suggestions to befriend a saleswoman and keep your receipts for price adjustments. Original!

Total number of deals: 14

Their idea of dirt cheap: A $49 dress from Macy’s

Most expensive bargain: A $158 necklace, Marc by Marc Jacobs

Cheapest item elsewhere in the magazine: $48 DKNY jeans

Priciest item elsewhere in the magazine: A $575 3.1 Philip Lim dress

Item whose price makes me question the wisdom of capitalism: Cosmo neglects to list prices for the most expensive items, like the YSL cardigan worn by a model riding a jetski. Where else would you wear such a sweater?

Elle_july_marykate_olsen_2

Elle

An eight-page spread, “Le Cheap, C’est Chic!,” is annoyingly teased on the cover with the line “No She Didn’t!” Because, you know, spending less than $150 on an item of clothing is totally a novel lifestyle choice and not a necessity!

Total number of deals: Who can tell what Elle thinks is “cheap”? They’ve got Forever 21 mixed with Burberry.

Their idea of dirt cheap: A $6 bead necklace and, the fashion find of the century, a $7 Hanes t-shirt. Thanks for uncovering that hidden gem, Elle!

Most expensive bargain: Elle’s “inexpensive” clothes are paired with thousands of dollars of jewelry, as if that’s the only way to redeem them. The highest-priced piece in “Le Cheap” is a $3,990 diamond ring.

Cheapest item elsewhere in the magazine: $48 Levi’s denim shorts worn by Mary-Kate Olsen

Priciest item elsewhere in the magazine: A $5,600 Marchesa satin dress

Item whose price makes me question the wisdom of capitalism: Ludicrous $300 square sunglasses by Luella by Linda Farrow. People aren’t actually going to buy those, right? Right?


Glamour

Bargains are splashed across one page, “Summery work stuff—all less than $40,” and a high-low feature, “Your Summer Extras.”

Total number of deals: 12 for sure; the high-low feature doesn’t designate what is what. A $40 scarf could go either way.

Their idea of dirt cheap: A $10 Shop Suey ring

Most expensive bargain: A $70 Roberta Freymann tote (assuming this is what counts for low-end in Glamour’s universe. Since another page in the same story features a $795 straw hat, I think it must.)

Cheapest item elsewhere in the magazine: A $25 Chinese Laundry belt

Priciest item elsewhere in the magazine: The $12,000 Louis Vuitton Speedy mentioned here

Item whose price makes me question the wisdom of capitalism: Gotta be that hat.


InStyle

An anemic single page is devoted to “Deals & Steals.”

Total number of deals: 7

Their idea of dirt cheap: $14 aviator sunglasses by Shop Suey

Most expensive bargain: A $139 MNG by Mango dress

Cheapest item elsewhere in the magazine: An $18 American Apparel t-shirt

Priciest item elsewhere in the magazine: An $88,000 Van Cleef and Arpels ring

Item whose price makes me question the wisdom of capitalism: An $18,000 Donna Karan crocodile bag. It’s just a purse.


Lucky

An entire feature, “The Season’s Best Looks Under $100,” is given over to low-price style.

Total number of deals: 67

Their idea of dirt cheap: An $18 Mossimo for Target top

Most expensive bargain: Tie: at $99, a “tiered maxiskirt” by WDNY International and a Tommy Hilfiger cotton dress

Cheapest item elsewhere in the magazine: A $7 Metro 7 tank top

Priciest item elsewhere in the magazine: A $1,465 bracelet by Steven Dweck

Item whose price makes me question the wisdom of capitalism: Chanel charges $1,225 for a belt. A belt! I regret not launching a career in luxury fashion.


Marie Claire

They’ve spread the discounts throughout: there’s one page of “101 Ideas,” one page of “Splurge vs. Steal,” and a feature, “Black & White,” that’s high-low.

Total number of deals: 40

Their idea of dirt cheap: $7 Hue socks (Thanks, Marie Claire, I was really overspending on socks.)

Most expensive bargain: $300 Marciano shoes (worn with the $7 Hue socks, natch)

Cheapest item elsewhere in the magazine: $5.80 Forever 21 sunglasses

Priciest item elsewhere in the magazine: An $18,800 Cartier ring

Item whose price makes me question the wisdom of capitalism: A Chanel top and skirt set that retails for the low, low price of $10,745.


Self

Looks like all the clothes shown in the  fashion features under $100, which is excellent.

Total number of deals: 100, according to the cover

Their idea of dirt cheap: It’s a tie at $8 for a Forever 21 necklace and Old Navy earrings

Most expensive bargain: Another tie, this one at $99, for a Nahui Ollin tote, an RJ Graziano necklace, and a $99 Tommy Hilfiger clutch. Those are special prices for Self readers, however, so this hews dangerously close to cheating.

Cheapest item elsewhere in the magazine: See above for $8 jewelry.

Priciest item elsewhere in the magazine: That tank top Anne Hathaway is wearing on the cover? Yeah. It’s $845, and she’s wearing it with necklaces whose combined total is $5,300.

Item whose price makes me question the wisdom of capitalism: $49 jelly shoes, but probably only because I’m old enough to remember buying jellies the first time around.

Vogue_july_nicole_kidman_2

Vogue

In “The Economists,” Vogue editors offer “inspired finds under $500 (plus one key investment piece).” Oh, thank god, because I needed help to find clothes that cost so little.

Total number of deals: 31, not counting the home décor and investment pieces

Their idea of dirt cheap: A $127 Sykes London belt

Most expensive bargain: Seven items retail for $495, including a John Varvatos coat, a Moschino Cheap and Chic skirt, and a  3.1 Philip Lim dress. (You didn’t think they’d go four whole pages without mentioning Lim, did you?)

Cheapest item elsewhere in the magazine: A $150 YSL dickey

Priciest item elsewhere in the magazine: A $16,600 Cartier watch

Item whose price makes me question the wisdom of capitalism: Hands down, the dickeys were the most egregiously priced items I saw in any of the magazines. Vogue featured two: a $150 YSL version and a $395 Prada one. That’s an awful lot of scratch for something that isn’t even a real shirt.

Masthead

Editor: Wendy Felton


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