Obama’s New Plan
Dubbed the American Jobs Act, President Obama‘s comprehensive plan includes a mix of tax cuts for businesses and individuals, and investment in infrastructure and schools. It will provide a tax break for companies who hire new workers, and it will cut payroll taxes in half for every working American and every small business. It will provide a jolt to an economy that has stalled, and give companies confidence that if they invest and hire, there will be customers for their products and services.”
Retailers and apparel brands looking for a nod from Obama on business tax cuts, as well as support for three pending trade agreements, were rewarded. The heads of the American Apparel & Footwear Association and National Retail Federation also urged Congress and the Obama administration Thursday to pass and enact the three trade deals as an engine for job creation. Lawmakers cannot act on the trade deals until the White House formally submits them to Congress. Obama signaled his support for the trade deals in his speech.
Daphne Joins with MAC
Daphne Guinness is collaborating with MAC Cosmetics on a color cosmetics collection slated to hit doors in North America on Dec. 26. The shades are said to be made up of rich, seasonal hues. After its December launch in North America, the 21-stockkeeping-unit Daphne Guinness for MAC lineup will roll out internationally in January.
Marc Jacobs Goes Blond (i) e
Debbie Harry, a front row staple of Marc Jacobs, is getting more Jacobs for her buck. On Tuesday, the Marc by Marc Jacobs women’s boutique on Bleecker Street will transform into a pop-up Blondie shop to celebrate the band’s new album, “Panic of Girls.” The shop will sell everything Blondie, from shirts to a special $35 Blondie T-shirt, which will benefit Riverkeeper. Blondie will even make an appearance at the store that night.
“I’ve had a longtime association with Marc Jacobs since the early days at CBGB, and he’s always been so supportive of the downtown scene,” Harry said. “I love and admire the fact that, while he’s so successful in the world of high fashion, he’s never forgotten his roots.”
Source & Photo: WWD
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