Luxury in the Recession: Your Style Shouldn’t Have To Suffer

July 17, 2009 • Magazine

Luxury in the Recession: Your Style Shouldn't Have To Suffer

Luxury in the Recession: Your Style Shouldn't Have To Suffer

Fri, 2009-07-17 08:00

Jacqueline Zenn

Your stylish side shouldn’t have to be put on hold just because the economic forecast isn’t so bright. In fact, many luxury brands are suffering right along with us and are now offering lower-priced merchandise and marking things down to a more realistic price. Here are a few of our favorite (relative) steals:

It is normally impossible to get a leather Prada bag for under a grand. However, Miuccia recently introduced this luscious plum leather hobo with gold accents that looks ultra-luxe for an initial price of $995 – this one might not actually make it to markdowns, since the deep purple will be perfect for the late summer transition till next spring.

Of course, there is always the option of going for a diffusion line instead of the regular label. Some of these are clearly the bottom of the barrel, but some, like T by Alexander Wang, are nearly impossible to tell apart from the high end option. This jersey mini-dress is a steal at only $85 and would be a perfect layering piece going into fall (curvy girls can belt it for some waist definition). Another Alexander Wang option that offers high style for a low price is this elegantly draped tank dress that has the subtlety of a piece five times the price. Just add a pair of strappy sandals and you’re set for summer heat, and in the fall you can layer with tights and sweaters for a cozy look.

Mid-priced labels have always been a girl and her wallet’s best friend, since you can get good quality without shelling out designer-level cash. Pour La Victoire has always been useful for haute footwear at reasonable prices, and now you can find them on sale, giving you an even better deal. These woven leather platforms are the perfect thing to update your summer wardrobe. Wear them with simple dresses or skinny jeans, and you’ll be so 2009.

On the other hand, something that sparkles could be considered a girl’s real best friend, and with the current markdowns on designer baubles, now might be the time to investment in some whimsical pieces, like these Kenneth Jay Lane cuffs. Just trendy enough to look current while classic enough to be worn years from now, they’ll be on your wrists from now through fall. The only question is whether to choose silver or gold!

1. Prada Vitello Shine Hobo $995
2. T Alexander Wang Boat Neck Dress with Mini Pocket $85

3. Alexander Wang Fine Jersey Knit Tank Dress $90
4. Pour la Victoire Black Woven Leather ‘Blanche’ Platform Sandals Now $150
5. Kenneth Jay Lane Single Pyramid Cuff Now $60

Image Layout: La Tonya Williams

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