Fashion Suffers Bad Markets

If you were hoping to catch the Chanel Mobil Art Exhibit in London, Paris or Moscow, sorry to disapoint in a moved relating to the crumbling of the global economy, New York's showing ending last month will now be the stopping point of the costly endeavor.

A Chanel spokeswoman told WWD, "Considering the current economic crisis, we decided it was best to stop the project. We will be concentrating on strategic growth investments."

This is yet another reflection of how bad things are getting in the fashion industry as countless labels are now canceling their Bryant Park runway shows in favors of presentations and small parties. DKNY, Vera Wang, Carmen Marc Valvo and Betsey Johnson will not be showing at Bryant Park. J. Mendel, Monique Lhuillier and Reem Acra are also considering other options for February.

On the plus side, much at Barney's is now 75% Off! If you're above the economy and have money to spend, now is the time to do it.

Now Wearing...

I walked by the Chanel Mobil Art Exhibit to see the structure designed by Zaha Hadid before it is taken down after this weekend. If you haven't had a chance to see it, same day tickets are still available for tomorrow, you just have to wake up early! I believe ticketing starts a 8am.
Striped Sweater - Theory
Zebra Skirt - Rogan for Target
Boots - Recycled Nine West
Belt - From Mendocino
Necklace - Twinkle by Wenlan

Return of the King

King Karl returns to New York this weekend in time for the opening of Chanel’s Mobil Art Exhibit in Central Park to the public.

Chanel commissioned British architect Zaha Hadid to create a travelling structure that will house art by contemporary artists. The art is to all be inspired by Chanel’s ubiquitous 2.55 quilted handbag. (In case you are wondering the name if the handbag comes from the issue date of February 1955). There will be 20 international artists showcased including: Daniel Buren, Blue Noses, David Levinthal, Fabrice Hyber, Lee Bul, Nobuyoshi Araki, Soju Tao, Sophie Calle and more.

Admission to the exhibition in Central Park will be free, although visitors should be aware that you must visit the on-site ticket booth for limited same day ticketing from October 22- November 9, 2008. For more info visit chanel-mobileart.com

Location in Central Park
P.S. The Chanel Mobil Art Exhibit has already made stops in Hong Kong and Tokyo, but will soon be headed to London (May 2009), Moscow (Oct 2009) and finally Paris (Feb 2010).

*Mobil Exhibit Photos and Map via NY Times